US Oil, Gas Drillers Add 1 More Rig As Production Plummets
The total rig count rose by 1 to 621 this week, compared to 771 rigs this same time last year.
Source: oilprice.com
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Oil in the green with Black Sea loading issues and Belgium joining Red Sea task force
Oil prices are in the green with surging tensions and calls for more premium to be priced into the oil prices. Russia might be forced to breach its production cut promises for OPEC even further with Ukraine attacking strategic oil storage sites inside
Source: fxstreet.com
US Oil, Gas Drillers Add 1 Rig Despite Freezing Temps
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.
Source: oilprice.com
More Drilling Slowdowns for U.S. Oil, Gas Industry
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.
Source: oilprice.com
Analysts: APA Takes Callon Off Board as Permian M&A Wave Hits '24
APA and its subsidiary Apache Corp. are plucking Callon Petroleum off the board for $4.5 billion in stock as a historic wave of Permian consolidation enters a new year.
Source: hartenergy.com
U.S. Drilling Continues to Slow | OilPrice.com
The total number of active drilling rigs for oil and gas in the United States fell this week by 1, according to new data that Baker Hughes published on Friday
Source: oilprice.com
U.S. Sees Minor Uptick in Oil Rigs
The total number of active drilling rigs in the United States rose this week by 2, according to new data that Baker Hughes published on Friday.
Red Sea Djibouti General China Renewable Energy Capacity Russia Refined Oil Exports Hit Bp Leads Oil Majors In Rerouting Ships Oil Inventories Rise Toward The End
Source: oilprice.com
WTI rises near $75.50 on dovish Fed outlook, Maersk, CMA CGM return to Red Sea
West Texas Intermediate (WTI) price trades higher around $75.50 per barrel during the Asian session on Wednesday.
Source: fxstreet.com
WTI advances near $74.70 on Red Sea disruptions, more vessels to avoid the Suez Canal
West Texas Intermediate (WTI) price trades higher around $74.70 per barrel at the time of writing, extending gains for the second successive day.
Source: fxstreet.com
What's Driving America's New Oil and Gas Boom?
Despite a significant reduction in the number of drilling rigs, the U.S. is on track to set new records in oil and natural gas production, largely due to technological advancements and the completion of previously drilled wells.
Source: oilprice.com