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Tag: oil drops
US oil and natural gas rig count drops by 67 to 1,125, Texas down 37, with oil price slump
2015-03-13 19:01:40| Oil & Gas - Topix.net
Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 67 this week to 1,125 amid depressed oil prices. Houston-based Baker Hughes said Friday that 866 rigs were seeking oil and 257 exploring for natural gas.
Tags: with
price
natural
count
Oil drops below $56 a barrel on continuous strong US dollar
2015-03-11 01:00:00| Offshore Technology
The price of Brent crude oil dropped below $56 a barrel on Wednesday due to the continuous increase in the US dollar.
Oil drops below $58 a barrel on strong US dollar
2015-03-10 01:00:00| Offshore Technology
The price of Brent crude futures dropped below $58 a barrel today as a result of a stronger US dollar and abundant supplies.
US oil and natural gas rig count drops by 75 to 1,192
2015-03-07 00:37:05| Oil & Gas - Topix.net
Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 75 this week to 1,192 amid depressed oil prices. Baker Hughes said Friday 922 rigs were seeking oil and 268 were exploring for natural gas, with two listed as miscellaneous.
Oil Drops as Gain in Saudi Arabian Output Boosts OPEC Production
2015-03-02 09:47:31| Oil & Gas - Topix.net
Futures decreased as much as 1.1 percent in New York. The Organization of Petroleum Exporting Countries pumped 30.6 million barrels a day in February, according to a Bloomberg survey.
Tags: production
gain
oil
output
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