U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...

With 180 rigs running, the count was 11 more than the 169 units drilling during the same period in 2024. The number of oil-directed rigs in Canada fell by 21, dropping the count to 118 rigs for ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...

Here, we outline our expectations for the oil and gas industries and the companies that are best positioned to succeed amid this environment. The US rig count has held roughly flat sequentially ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

Friday March 28, 2025 - 'The only certainty right now is uncertainty', one exploration and production company stated in the comments section of the first quarter 2025 Dallas Fed Energy Survey.