The Permian. with 55% of all the active crude rigs in the country. is the busiest American field.
Read More »U.S. Oil Rig Count Increase as WTI Pops
The oil and gas rig count now stands at 1.052—up 100 from this time last year.
Read More »Oil Falls despite OPEC`s Output Rise. Markets Remain Tight
In the United States. U.S. energy companies last week cut one oil rig. the first reduction in 12 weeks.
Read More »US Oil Rig Count Down but Prices Jump on OPEC News
The loss of a single oil rig did not have much impact on the oil market today.
Read More »Oil Prices Decline on Rising Supplies from U.S.. Russia
Russian output hit 11.1 million bpd in early June.
Read More »Crude Oil Price Drops as US Supply Grows. OPEC Mulls Higher Output
The production-cutting pact between the OPEC. Russia and other producers has given strong tailwind to oil prices.
Read More »Crude Oil Price Drops as US Supply Grows. OPEC Mulls Higher Output
The production-cutting pact between the OPEC. Russia and other producers has given strong tailwind to oil prices.
Read More »US Oil Rig Count Rises 15 to 859
The recent US oil rig peak of 1.609 was in October 2014. at a time oil prices had fallen to the mid-$80s b.
Read More »ADNOC Drilling to Set Up Partnership with Baker Hughes
ADNOC Drilling deal with Baker Hughes would allow the US firm to expand in the Middle East.
Read More »U.S. Oil Rises above $70 for First Time since November 2014
U.S. output will likely rise further this year. towards or past Russia'.s 11 million bpd. as its energy firms keep drilling for more.
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