Press

US Oil, Gas Rig Count Ticks Up Again

US Rig Count Inches Up but Still Trails Last Year

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, after a 4-rig increase in the week prior.

Oil, Gas Drillers See Increased 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, after a 6-rig increase in the week prior.

The Beginning of Drill Baby Drill? US Oil Drillers See Uptick In 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, after a 4-rig drop in each of the two weeks prior.

US oilfield firms face pricing squeeze as fracking demand slumps

HOUSTON (Reuters) - Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly efficient and keep a cap on spending, according to oilfield executives and analysts.

US oilfield firms face pricing squeeze as fracking demand slumps

U.S. producers, mainly shale companies which led a fracking revolution that unlocked vast new supplies of crude from rock...

U.S. Oil Drilling Rig Count Falls As Uncertainty Mounts

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, after a 4-rig drop in the week prior.

U.S. Oil Drilling Rig Count Falls As Uncertainty Mounts

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, after a 4-rig drop in the week prior.

US Rig Count Falls in Strong Week for Oil

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, after a 5-rig drop in the week prior.

US Oil, Gas Drillers Scale Back Activity

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, after seeing no change in the four weeks prior.

Iran's oil production at risk of collapse due to Trump sanctions

Iran's oil production faces a potential collapse of up to 1.2 million barrels per day this year due to tighter US sanctions, putting the country’s exports to its biggest customer China under immense pressure.

U.S. Drillers Start Out The New Year With A Whimper

The total number of active drilling rigs for oil and gas in the United States stayed the same again this week, according to new data that Baker Hughes published on Friday, after seeing no change in the three weeks prior.

U.S. Oil, Gas Drillers Hold The Line During Holiday Week

The total number of active drilling rigs for oil and gas in the United States stayed the same again this week, according to new data that Baker Hughes published on Friday, after seeing no change in the two weeks prior.

No Change to U.S. Drilling Activity Heading Into Holiday Week

The total number of active drilling rigs for oil and gas in the United States stayed the same again this week, according to new data that Baker Hughes published on Friday, after seeing no change in the week prior.

The Commodities Feed: Rangebound crude

Crude oil is trading with marginal losses this morning after settling higher at the end of last week.

U.S. Drillers Hold The Line

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

U.S. Oil Rig Count Rises Despite Falling Crude 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, after falling in the two weeks prior.

U.S. E&P Sector’s ‘Lack of Urgency’ Traced to Exhausted ‘24 Budgets

The slowdown that usually occurs at the end of the year has settled in the Lower 48, as U.S. operators wait for a 2025 reset for their budgets.

American Oil Rigs Continue Their Steady Decline

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 Wednesday, after falling in the week prior.

U.S. Drilling Activity Slips Further As Market Volatility Remains

he 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, after falling in the week prior.

The Commodities Feed: LME aluminium jumps after China ends export tax rebate

China’s finance ministry announced last week that it would end its export tax rebate policy for aluminium, starting 1 December.

U.S. Rig Count Sees Small Drop

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

U.S. Drilling Activity Still Unmoved Amid Market Uncertainty

The total number of active drilling rigs for oil and gas in the United States saw no change again this week, according to new data that Baker Hughes published on Friday, after holding steady in the week prior.

U.S. Drilling Activity Still Unmoved Amid Market Uncertainty

The total number of active drilling rigs for oil and gas in the United States saw no change again this week