Drilling activity inched higher as more rigs went to work across the U.S. for the first time in four weeks. Oilfield services firm Baker Hughes said its weekly U.S. rig count rose two rigs to 585 for ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

After a bearish inventory announcement last Thursday, a slight increase in the U.S. Baker Hughes Total Rig count from 746 to 754 last week added one more leg to the bearish sentiments. Natural gas ...

Baker Hughes (BKR) reports the Canada rig count is down four from last week to 134, with oil rigs down four to 87, gas rigs unchanged at 47, ...

U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker ...

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 ...

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Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 12, 2024 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as traders ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig ...

U.S. energy firms last week cut the number of oil and natural gas rigs operating for a second week in a row, energy services firm Baker Hughes Co. said in its closely followed report on April 6. The ...