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How To Explain The Falling U.S. Rig Count Amid Rising Oil Prices - Vimarsana News

How To Explain The Falling U.S. Rig Count Amid Rising Oil Prices

Oil prices keep rising, but U.S. rig counts keep dropping. It's a new comfort zone for America's oil and gas business.

Source: forbes.com
US Dollar books weekly gain with US government shutdown and continued UAW strikes as tail risk - Vimarsana News

US Dollar books weekly gain with US government shutdown and continued UAW strikes as tail risk

The US Dollar (USD) is confirming yet again it is worth its label as 'King", booking gains against nearly every major G20 currency. Backed by higher US yields,

Oil last spark before the weekend as UAW mentions progress with Ford - Vimarsana News

Oil last spark before the weekend as UAW mentions progress with Ford

Oil prices are trading in a moderate manner which is more than welcome to the overheated rally in both WTI Crude and Brent oil prices. Traders will want to see

Oil, Gas Drilling Slows To 19-Month Low In U.S. - Vimarsana News

Oil, Gas Drilling Slows To 19-Month Low In U.S.

The total number of active drilling rigs in the United States fell by 11 this week, after seeing a brief 9-rig rise last week

U.S. Drilling Activity Ticks Up As Oil Prices Rise - Vimarsana News

U.S. Drilling Activity Ticks Up As Oil Prices Rise

The total number of active drilling rigs in the United States rose by 9 this week as WTI soared to $90 per barrel