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.

The total rig count in North America is down 64 rigs from the same time last year. Canada had 114 rigs working, up 2 week-over-week, but down 29 units from the same period last year. There were 559 ...

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 ...

Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of natural gas and oil ...