News

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time ...
The number of total oil and gas drilling rigs in the U.S. fell for the sixth consecutive week, down by 4 to 559 to the lowest count since November 2021, Baker Hughes reported.
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Oilfield services firm Baker Hughes said Friday its U.S. rig count fell four rigs to 559, the sixth consecutive weekly ...
Market Roundup US Average Hourly Earnings (YoY) (May): 3.9%, 3.7% forecast, 3.9% previous US Average Weekly Hours (May): 34.3, 34.3 forecast, 34.3 previous US Government Payrolls (May): -1.0K, 1.0K ...
Crude oil prices increased on Friday, marking the first weekly gain in three weeks. This rise followed a positive U.S. jobs ...
HOUSTON] Crude rose more than US$1 a barrel on Friday, posting its first weekly gain in three weeks after a favourable US ...
Crude futures rise to multiweek highs amid optimism that U.S. engagement this week with China could lead to trade agreements.
The U.S. stock rebound has driven key indexes to the cusp of record levels, with fresh economic data and trade and fiscal ...
The U.S. economy created more jobs than expected last month, data showed Friday, but Macquarie economists warn that leading indicators are starting to show cracks emerging in the labor market.
Canada's unemployment rate rose to seven per cent in May, the highest it's been in nine years outside of the pandemic, Statistics Canada said on Friday.
The spread between U.S. West Texas Intermediate and Brent crude futures narrowed to its tightest level since September 2023 ...