The increased rig count could signal that the market was not as shocked as some had feared by oil prices briefly plummeting below $60 per barrel earlier this month. Many in the oil and gas ...

The oil and gas rig count declined by about 5% in 2024 and 20% in 2023 as lower U.S. oil and gas prices over the past couple of years prompted energy firms to focus more on boosting shareholder ...

The oil and gas rig count declined by about 5% in 2024 and 20% in 2023 as lower U.S. oil and gas prices over the past couple of years prompted energy firms to focus more on boosting shareholder ...

Oil prices were trading up on Friday before the data release. At 12:29 p.m., ET, the WTI benchmark was trading up $0.48 per barrel (+0.72%) on the day at $67.03, just $0.14 per barrel off of last ...

US Oil, Gas Rig Count Falls By Julianne Geiger - Mar 07, 2025, 12:20 PM CST ...

The rig count has fallen since last year, although most of the decline took place before Trump came into office. Baker Hughes’s report found that compared to this week in 2024, there are 25 ...

The oil and gas rig count declined by about 5% in 2024 and 20% in 2023 as lower U.S. oil and gas prices over the past couple of years prompted energy firms to focus more on boosting shareholder ...