Investing.com – Oil prices edged lower in European trading on Monday, giving back small overnight gains as the market weighed a relentless...
U.S. exploration and production companies have added an extra 400+ rigs to target oil-bearing formations since the end of May 2016. The...
Oil Prices Fall As U.S. Rig Count Rises For 20th Straight Week. The oil rig count rose by 11 to 733, the...
The total count of active U.S. drilling rigs continues to climb, posting a modest increase of 7 rigs to 908. Oil rigs...
Oil Prices Improve As The U.S. Rig Count Continues To Climb Oil and natural gas producers boosted drilling activity with seven rigs in the...
Permian, overall US rig counts each up 7 US oil-directed rigs also rose for a 16th consecutive week, gaining 6 units to 703,...
This week marks the sixteenth straight build for oil rigs (+181 or +34.7% since January 13). Gas rigs climbed 11 of the...
The US oil-rig count increased by nine to 697 this week, according to Baker Hughes. The E&P’s continue to take advantage of...
U.S. crude oil prices fell below $49 a barrel on Thursday amid deteriorating gasoline futures and a higher dollar in the wake...
Oil falls below $50 as U.S. rig count climbs again. The markets remain heavily oversupplied, evidenced by falling oil prices and rising...