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Baker Hughes reported U.S. oil rigs rose by two this week to 449, up 35 from a year ago. The increase accompanies record domestic crude output near 13.9 million barrels per day, which the EIA expects…
US oil rig counts rose slightly while gas rigs fell, keeping the total unchanged. US crude production hit a new record high. Despite recent daily gains, crude prices remain lower than the previous we…
US oil rig count rose slightly to 588, with Permian Basin at 260 rigs. WTI crude fell $4.64 to $84.67/barrel, signaling weaker price momentum despite steady drilling activity.
US oil rig count rose to 588, up 48 YoY, while crude production dipped slightly. Oil prices rose Friday but remain down weekly, reflecting mixed supply signals.
U.S. oil rig count edged down slightly while WTI crude surged $6.82 to $89.31/barrel, signaling tightening supply and bullish price momentum in energy markets.
U.S. oil and gas rig count rose to 588, up seven from last week, with Permian activity also increasing. WTI crude jumped $11.08 to $82.49 per barrel, signaling stronger energy sector activity and pri…