With rising U.S. output, OPEC+ supply flexibility, and economic uncertainty weighing on demand forecasts, the oil market remains under pressure. While geopolitical risks may spark occasional ...

(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 report on ...

(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 report ...

OPEC+ measures face growing pressure to counter bearish momentum. Discover the... Oil: Bull Case Limited in Near Term, OPEC Scaremongering Infinite By Barani Krishnan - Oct 13, 2023 29 New China ...

The US Energy Information Administration has posited that gradual production increases and relatively weak oil demand could result in some downward pressure ... The US rig count has held roughly ...

Weak Chinese demand and rising U.S. output weigh heavily on prices. OPEC+ measures face growing pressure to counter bearish momentum. Discover the... Oil: Bull Case Limited in Near Term, OPEC ...

March 21 (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 (BKR.O), opens new tab said in its closely ...

SHREVEPORT, La.—Sabine Oil & Gas plans to add a fourth rig on its East Texas leasehold next month. Sabine aims to keep the fourth rig deployed “hopefully for the rest of the year,” if the company is ...

The total U.S. rig count is made up of 487 oil rigs, 100 gas rigs, and five miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 530 horizontal rigs ...

Transocean Ltd. (NYSE:RIG) is a leading international provider of offshore contract drilling services for oil and gas wells. Shares of Transocean Ltd. (NYSE:RIG) have again surged last week after ...

Baker Hughes (BKR) reports that the U.S. rig count is unchanged from last week at 592 with oil rigs up 1 to 487, gas rigs down 1 to 100 and miscellaneous rigs unchanged at 5. The U.S. Rig Count is ...