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Oil extends gains on lower U.S. rig count, China stimulus

2015-04-20 09:26:04| Energy - Topix.net

Oil prices rose on Monday, extending last week's gains as a drop in the number of U.S. rigs drilling for crude pointed to lower supply later in the year, while China's latest stimulus measure also underpinned the market. U.S. oil drilling rigs fell for a record 19th straight week to the lowest since 2010, data from Baker Hughes showed on Friday.

Tags: china lower count oil

 

Oil extends gains on lower U.S. rig count, China stimulus

2015-04-20 09:14:59| Oil & Gas - Topix.net

Oil prices rose on Monday, extending last week's gains as a drop in the number of U.S. rigs drilling for crude pointed to lower supply later in the year, while China's latest stimulus measure also underpinned the market. U.S. oil drilling rigs fell for a record 19th straight week to the lowest since 2010, data from Baker Hughes showed on Friday.

Tags: china lower count oil

 
 

US oil and natural gas rig count drops by 34 to 954

2015-04-18 03:09:15| 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. declined by 34 this week to 954 amid depressed oil prices. Houston-based Baker Hughes said Friday 734 rigs were seeking oil and 217 explored for natural gas.

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US oil and natural gas rig count drops by 40 to 988

2015-04-10 21:02:05| 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. declined by 40 this week to 988 amid depressed oil prices. It was the first time the weekly count was below 1,000 since September 2009.

Tags: to natural count gas

 

Greenpeace activists board Arctic-bound oil rig

2015-04-07 10:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Six Greenpeace activists protesting Arctic offshore drilling on Monday boarded a drill rig as it was transported across the Pacific Ocean toward Seattle, where it will be staged for drilling on Shell leases in Alaska waters. The 400ft (122 meter) Polar Pioneer, owned by Transocean Ltd, was on board a heavy-lift vessel about 750 miles (1,206 km) northwest of Hawaii when the activists approached in inflatable boats and used climbing gear to get on board, Greenpeace spokesman Travis Nichols said....

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