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Gas Storage Build Likely to Grow, but Falling Rig and Frac Counts Raise Supply Questions

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US Oil Drillers See Pullback as Oil Prices Rise

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Fitch Affirms Patterson-UTI at 'BBB-‌'‌; Outlook Stable

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Frac Spreads Must Stay Active To Meet Gas Demand

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US Oil Drillers Add Even More Rigs As Oil Prices Stay Higher

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Earnings call transcript: Pason Systems tops Q2 2026 estimates as shares jump 13%

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US Oil Drillers Add Rigs

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Storage Injections Continue to Outrun Seasonal Norms as Production Recovers

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Why Turkish Petroleum's Iraq, Bulgaria energy initiatives matter

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US Oil Drillers Turn Cautious as WTI Holds Near $85 per Barrel

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US Oil Drillers Take A Break As Oil Prices Hover Near $100

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US Oil Drilling Picks Up As Brent Gains 4%

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All Press Releases

Gas Storage Build Likely to Grow, but Falling Rig and Frac Counts Raise Supply Questions

Key insights on the natural gas market provided by NGI's price and data analysts

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US Oil Drillers See Pullback as Oil Prices Rise

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US falling to 588, up 50 from this same time last year.

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Fitch Affirms Patterson-UTI at 'BBB-‌'‌; Outlook Stable

Fitch Ratings - New York - 20 Aug 2026: Fitch Ratings has affirmed Patterson-UTI Energy, Inc.'s (PTEN) Long-Term Issuer Default Rating (IDR) and senior unsecured ratings at 'BBB-‌'‌. The Rating Outlook is Stable.

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Frac Spreads Must Stay Active To Meet Gas Demand

Today, any attempt to forecast drilling and completion activity or hydrocarbon production must account for the rapid rise of artificial intelligence.

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US Oil Drillers Add Even More Rigs As Oil Prices Stay Higher

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US rising to 593, up 54 from this same time last year.

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Earnings call transcript: Pason Systems tops Q2 2026 estimates as shares jump 13%

Pason Systems reported better-than-expected second-quarter 2026 results, with earnings of $0.18 per share on revenue of $100.8 million...

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US Oil Drillers Add Rigs

The total number of active drilling rigs for oil and gas in the United States stayed the same overall this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US staying at 588, up 49 from this same time last year.

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Storage Injections Continue to Outrun Seasonal Norms as Production Recovers

NGI is projecting the latest US Energy Information Administration (EIA) Weekly Natural Gas Storage Report for the week ended July 31 will show an injection of 30 Bcf, up 2 Bcf week/week, but more importantly, higher than both the 13 Bcf increase from a year ago and the average 23 Bcf build from the previous five years.

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Why Turkish Petroleum's Iraq, Bulgaria energy initiatives matter

Türkiye's state-owned oil and gas giant is widening its international footprint from onshore production to offshore exploration, following its entry into a major oil project in Iraq's Kirkuk region with a new stake in an offshore Black Sea block in Bulgaria.

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US Oil Drillers Turn Cautious as WTI Holds Near $85 per Barrel

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 588, up 48 from this same time last year.

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US Oil Drillers Take A Break As Oil Prices Hover Near $100

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 587, up 45 from this same time last year.

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US Oil Drilling Picks Up As Brent Gains 4%

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Weekly US Oil and Gas Rig Count Update: July 2026

The relationship between drilling activity and oil production has rarely been more misunderstood.

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US Oil, Gas Drillers Hang Back in Volatile Market

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US Active Drilling Rigs and Oil Production Surge as Prices Slump

The total volume of operational oil and gas drilling rigs within the United States experienced an upward movement this week.

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US Oil and Gas Rig Count: 26 June 2026 Weekly Update

Across the long arc of American energy history, few relationships have been as closely watched, misread, or misunderstood as the connection between drilling activity and crude oil production.

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US Drillers Add Oil, Gas Rigs As Hormuz Transit Resumes

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The Commodities Feed: US-Iran peace deal

Energy markets slumped after the US and Iran reached an interim deal to de‑escalate their prolonged conflict, raising the prospect of reopening the Strait of Hormuz and easing supply risks

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Pace of US Oil Drilling Inches Up

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US Drillers Continue to Add Oil Rigs

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Europe today: Magyar softens on Ukraine as EU prepares new Russia sanctions

Interviews with Don Farrell, Australia’s Trade and Tourism Minister, and Osama Rizvi, Global Market and Product Strategist at Primary Vision.

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Video. Markets 'confused' by US-Iran uncertainty, expert says

Economics analyst Osama Rizvi believes the chance of markets getting "worse" or "ugly" is "more than getting better" due to the changing situation between the US and Iran. According to Rizvi, economic confidence is "going down" in Europe.

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Markets 'confused' by US-Iran uncertainty, expert says

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Pakistan plans strategic oil reserve as Iran crisis bites

ISLAMABAD -- With the three-month old Iran crisis exposing weaknesses in the country's fuel supply chain, Pakistan has begun planning to build strategic petroleum reserves for the first time.

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