Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia’s energy industry tightened supply. Uncertainty also remains over President-e ...
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.
The overall drilling rig count in North America is up 9 units during the week ended Jan. 17, with Canada’s double-digit oil-directed rig count increase leading the way. The overall drilling rig ...
(Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest since December 2021, energy services firm Baker Hughes said in ...
Meanwhile, the U.S. oil rig count, an indicator of future output, fell by two to 478 this week, energy services firm Baker Hughes said. A blast of Arctic air is set to cover much of the United ...
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