AM ET: Michigan Consumer Sentiment (Forecast:53.5, Previous: 52.2) • 1:00 PM ET: Baker Hughes U.S. Rig Count (Previous:442) - A key indicator of oil drilling industry activity • 1:00 PM ET: U.S. Baker ...

Oil futures started the week trading both sides of even, with optimism about U.S.-China trade talks and expectations of tighter U.S. supply partly offset by concerns about Chinese crude demand.

The U.S. dropped four rigs week on week, while Canada added two rigs during the same timeframe, taking the total North ...

"It’s no surprise that with the market moving higher, speculators increased their net long in oil. Speculators bought 42,496 lots in NYMEX WTI over the last reporting week, leaving them with a net ...

The total number of active drilling rigs for oil and gas in the United States fell yet again in the week ended June 6, according to new data that Baker Hughes published on ...

US drilling activity continues to slow given the broader weakness in oil prices. Meanwhile, markets will be focused on the US ...

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

The spread between U.S. West Texas Intermediate and Brent crude futures narrowed to its tightest level since September 2023 ...

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The number of total oil and gas drilling rigs in the U.S. fell for the sixth consecutive week, down by 4 to 559 to the lowest count since November 2021, Baker Hughes reported.

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 ...