U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks, energy services firm Baker Hughes said in its closely followed report on Jan. 31. The oil and gas rig ...
The number of oil rigs in the US increased by seven in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil grew to 479 rigs from 472 last ...
Crude Oil: Critical $67 Support Under Threat Amid China Slowdown, Rising US Output By Damian Nowiszewski - Dec 11, 2024 4 WTI crude teeters near a critical support level. Weak Chinese demand and ...
Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key source of crude supply.