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March 28 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes (BKR.O), opens new tab ...
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while oil prices saw an increase before the rig data release. Drilling activity in the Permian Basin experienced a slight decline, and the Eagle Ford rig count held steady, both showing decreases ...
(Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks energy, services firm Baker Hughes said in its closely followed ...
- Uncertainty over how Trump administration will shape its policies toward key oil suppliers such as Russia, Iran, and Venezuela continues to signal ongoing risk in oil market ...
- Raising global trade concerns over Trump's tariff policies, Fed's decision on unchanged interest rates, and increase of US crude stocks beyond market expectations affect price fall - At $6.8 ...
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(Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
Despite the drop, at 163 rigs running, the count is 12 more than the year-ago level. The number of oil-directed rigs in Canada decreased by 10, bringing the count to 108 rigs for the week.
With 180 rigs running, the count was 11 more than the 169 units drilling during the same period in 2024. The number of oil-directed rigs in Canada fell by 21, dropping the count to 118 rigs for ...