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US Oil Output To Fall Next Year Unless Rig Counts Rise, Key Energy Investor Says
Bloomberg· 4 hours agoUS oil production is set to decline about 1 million barrels per day by the second half of 2025 unless rig counts rise, a key energy investor said.
US oil and gas rig count falls to lowest since January 2022 -Baker Hughes
Reuters· 3 days agoThe oil and gas rig count, an early indicator of future output, fell by six to 594 in the week to...
Permian, Texas rig counts steady as US count falls
Midland Reporter-Telegram· 2 days agoThe rig count is 101 rigs or 15% below the 695 rigs active last year. The number of rigs drilling for crude oil fell four rigs to 492 ...
Oil prices nudge higher after third straight weekly loss
Market Watch· 9 hours agoOil futures saw tiny gains early Monday, attempting to find a footing after an OPEC+ decision to...
Total US Drilling Rig Tally Flat: Here's What It Means
Zacks via Yahoo Finance· 6 days agoIn its weekly release, Baker Hughes (BKR) reports that the totalcount of oil rigs in the United...
US rig count down six as prices fall
Odessa American, Texas via Yahoo Finance· 3 days agoJun. 7—The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 310 rigs active ...
Oil dips on deflated US interest rate cut expectations, OPEC+ decision By Reuters
Investing.com· 4 days agoNEW YORK (Reuters) -Oil prices edged down on Friday and posted a third straight weekly loss as...
The Energy Report: Houthi Rebels Won’t Go Away | Investing.com
Investing.com· 6 hours agoIranian-backed Houthi rebels are kind of like cockroaches that you can’t get rid of. Despite the...
Oil outlook: OPEC+ to phase out Oil production cuts by the end of 2025
The Forex Market· 4 days agoThere seemed to be an increase in volatility for oil prices since last week’s report. In the current...
Drilling Rig Market size is set to grow by USD 14.6 billion from 2024-2028, Increase in oil and gas...
Benzinga· 3 days agoNEW YORK, June 7, 2024 /PRNewswire/ -- The global drilling rig market size is estimated to grow by USD 14.6 bn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.63% during the