The total number of active oil and gas drilling rigs in the US decreased by four to 576. US crude oil production fell to 13.477 million bpd, down from 13.481 million bpd the previous week.

The total U.S. rig count is made up of 472 oil rigs, 99 gas rigs, and five miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 511 horizontal rigs, 51 ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

LONDON, Jan 27 (Reuters) - Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as traders ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...

Natural gas up 5%, nears trigger point for rally on talk of output cuts By Investing.com - May 15, 2023 3 Investing.com -- Talk of output cuts is beginning to influence trading in U.S. natural gas ...

Leidos outlines an intriguing plan to acquire oil rigs and convert them to everything from maintenance to medical hubs. Find ...

Leidos outlines an intriguing plan to acquire oil rigs and convert them to everything from maintenance to medical hubs. Find out how it would work.