U.S. drilling rigs rise for fifth straight week, Baker Hughes says
The number of active rigs drilling for oil and gas in the U.S. rose by 1 to 593 for a fifth straight weekly gain, Baker Hughes said Friday in its latest report. Despite the increase, Baker Hughes said ...
Crude Oil Prices2h
US Oil, Gas Rig Count Inches Up As Drillers Proceed With Caution
The latest EIA data showed that U.S. crude oil production for the week ending February 21 edged higher to 13.502 million bpd.
US drillers add oil and gas rigs for fifth week in a row, Baker Hughes says
U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, ...
Brazil Offshore Oil Hit by Regulator’s Crackdown on Drilling
Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating ...