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Shale lessons for 2026: Price matters less as efficiency rises

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New Year Begins With a Decline in U.S. Oil and Gas Rigs

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New Year Starts With Fewer U.S. Oil and Gas Rigs

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Nabors Industries price target raised to $64 from $56 at Susquehanna

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US Oil Drilling Activity Ends Down for 2025, But Production Still Near Highs

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US Oil Drillers See Increased Activity

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US Oil Drillers Slow Activity In Tough Price Environment

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US Drillers Add Oil Rigs As Analysts Warn of Incoming Glut

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US Oil Rig Count Stages A Comeback After Last Week’s Losses

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US Rig Count Falls Off a Cliff In Thanksgiving Week

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‘Breakeven’ prices are more complicated than you might think

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US Drillers Pick Up The Pace

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All Press Releases

U.S. Oil Rig Count Rises for Third Consecutive Week

The total number of active drilling rigs for oil and gas in the United States increased this week, with oil rigs rising for the third consecutive week.

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Shale expected to weather 'lower for longer' oil prices

Crude prices have spent much of the year on the decline after peaking at over $77 a barrel, sinking to a low of $58.21 a barrel at the end of April before rising to a range of $62.17 to $63.39 as of Sept. 10.

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US Drillers See Slight Uptick in Oil Activity

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.

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Cuts to US Oil Jobs and Spending Threaten Output Growth

The U.S. oil industry has laid off thousands of workers and cut billions in spending due to lower oil prices and the biggest consolidation in a generation, in what could mark the end of the rapid output growth that made the U.S. the world’s top producer.

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Cuts to US oil jobs and spending threaten output growth

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Oil Rig Count Rises Amid Slide in Oil Prices

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.

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Mexico’s Sheinbaum Considers More Fracking to Boost Pemex

In the swampy lowlands of Mexico’s Gulf Coast, Petroleos Mexicanos is pumping high-pressure jets of water, chemicals and sand into the ground to crack open natural gas-soaked rocks that are so hard they don’t yield to traditional drilling.

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Brent Price Eased over Demand, Supply Imbalance in August

Brent crude lost more than $4 in August, halting a three-month rally as the US moved to raise tariffs on India and fuel demand showed signs of slowing with the end of the summer driving season.

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Oil Rig Count Falls Again as Frac Crews Vanish

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday.

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US Oil Drillers Continue to Play It Safe

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.

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Dead Rigs Tell No Lies

A shiny graph, or perhaps a PowerPoint slide from Paris. Last week, we talked a good bit about the IEA’s oil illusion that has been putting pressure on oil markets.

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Oil Rig Count Stabilizes in Nervous Market

The total rig count in the US fell by 2 rigs for the second week in a row, landing at 540, according to Baker Hughes, down 46 from this same time last year.

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KLX Energy Services Reports Strong Q2 Growth Amid Challenges

Klx Energy Services Holdings (KLXE -0.53% ▼ ) has held its Q2 earnings call. Read on for the main highlights of the call.

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The U.S. Oil Shale Industry Is Doing More With Less

Despite facing challenges such as fluctuating oil prices and environmental regulations, the U.S. oil shale industry continues to increase production efficiency. By leveraging advanced technologies and optimizing operations, companies are extracting more resources while minimizing costs and environmental impact.

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Oil, Gas Rigs Still Near 3-Year Low Despite Weekly Bump

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.

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August 2025: Credit, Shale and Gridlocks

From gold’s resurgence to the entropy of crypto markets, this edition of Macro Moves dives deep into data breakthroughs and blind spots shaping our economic and financial reality.

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The Energy Report: OPEC Cuts Unraveled, Rigs Drop

The oil market is unraveling as OPEC unravels its production cuts.

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Oil Rig Count Falls Again as Frac Crews Vanish

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 as operators continue to scale back.

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Shale Stumbles Again as U.S. Rig Count Drops Further

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 as operators continue to scale back activity amid weak prices and cautious capital spending.

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Oil slips under $70 as OPEC+ output grows and U.S.-EU tariffs weigh

Oil prices fell below the key $70 per barrel mark last week as increased output from OPEC+ eased supply concerns, while renewed U.S. tariff threats under President Donald Trump weighed on global demand expectations.

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Oil prices seek stability around key $70 level

Rising OPEC+ output eases supply concerns as US tariff threats weigh on demand, push Brent below $70

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Baker Hughes Reports Uptick in U.S. Rig Count

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, following a string of losses for US drillers.

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U.S. Oil Rigs Continue to Slump On Price Uncertainty

The total number of active oil and gas drilling rigs in the United States decreased by 2 to 537 this week, marking a continued slump.

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US Oil Drillers Continue to Back Off On Price Slump

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes published on Thursday, following a 7-rig decrease in the week prior.

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