U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time ...

Drillers packing up gear, rig count drops, potential signal of tighter oil supply. Investors should watch oil stocks, ...

Oilfield services firm Baker Hughes said Friday its U.S. rig count fell four rigs to 559, the sixth consecutive weekly ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data ...

Global updates on exploration, production starts, field development, rig activity, and key technology developments. Coverage includes US and international conventional and unconventional plays, wells, ...

Baker Hughes said its weekly US rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021 ...

Crude futures rise to multiweek highs amid optimism that U.S. engagement this week with China could lead to trade agreements.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest ...

The spread between U.S. West Texas Intermediate and Brent crude futures narrowed to its tightest level since September 2023 on Friday as U.S. prices rose on a sliding rig count and Canadian wildfires ...