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 ...

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 ...

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

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

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

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

Upstream shale oil and gas stocks are oversold, with investor fears overblown. Click here for a detailed analysis.

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

Peak shale may already be behind us. U.S. crude oil production is now forecast to slip from a record 13.5 million barrels per ...

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 ...

OPEC agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted ...