Drillers packing up gear, rig count drops, potential signal of tighter oil supply. Investors should watch oil stocks, ...

North America dropped five rigs week on week, according to Baker Hughes' latest North America rotary rig count.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest ...

The number of total drilling rigs in the U.S. fell for the fifth straight week, down by 3 to 563 to the lowest level since November 2021, Baker Hughes reported.

The US drilling rig count decreased 3 units to reach 563 rigs working for the week ended May 30, according to Baker Hughes data. The count is down 37 units from the 600 rigs working this time a year ...

Discover key financial insights with updates on employment growth, oil rig activity, and consumer credit trends.

Baker Hughes (BKR) reports that the U.S. rig count is down 2 from last week to 576 with oil rigs down 1 to 473, gas rigs down 1 to 100 and miscellaneous rigs unchanged at 3.The U.S. Rig Count is ...

The oil and gas rig count, an early indicator of future output, fell by six to 578 in the week to May 9. , , Sign up here. Baker Hughes said this week's decline puts the total rig count down 25 ...

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

The US drilling rig count decreased for the fifth consecutive week, signaling a potential tightening of future supplies of oil in the world’s largest economy, according to Baker Hughes. The US oil rig ...

Baker Hughes said its weekly US rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021 ...