U.S. rig count drops for a second week, hitting its lowest since January as drilling activity slows nationwide, with Texas ...

North American drilling activity declined for the week, with 692 rotary rigs working in the US and Canada. Fewer oil-directed rigs drove the decline.

Baker Hughes, a leading energy services company, said that the U.S. oil and gas companies have reduced their number of ...

The number of total drilling rigs in the U.S. fell sharply during the past week, declining by 6 to 578, Baker Hughes said in its latest weekly survey.

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy ...

Higher output from the OPEC+ grouping and a global tariff war that has raised demand concerns drove crude prices to near $55 ...

Baker Hughes' U.S. rotary drilling rig count was 584 on May 2, down by three from the previous week, down by 21 from 605 a year ago and down by one from two weeks ago. Over the last eight weeks the ...

Oil and gas drilling permit applications in Texas, the top U.S. oil-producing state, fell to their lowest last month since ...

Venezuela-owned refiner Citgo Petroleum registered an $82 million net loss in the first quarter, compared with a net income ...

As traders approach another pivotal day for financial markets on Friday, May 9, 2025, a series of crucial Federal Reserve speeches are expected to sway market dynamics. Multiple Fed officials, ...