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US Drillers Add More Oil Rigs, Gas Rig Count Falls
2021-08-20 19:55:50| OGI
U.S. oil rigs rose eight to 405 this week, their highest since April 2020, while gas rigs fell five to 97, registering their biggest weekly decline in 16 months.
US Oil, Gas Rig Count Falls for First Week in Eight
2021-07-30 19:23:21| OGI
Despite this weeks decline, the total rig count was up 237, or 94%, over this time last year, according to Baker Hughes data going back to 1940.
Baker Hughes Profit Falls 9% from Q1 as Oilfield Services Demand Remains Tepid
2021-07-21 15:18:44| OGI
Oilfield services provider Baker Hughes Co. said on July 21 its adjusted profit fell 9% in the second quarter from the previous three months and it missed Wall Street estimates for earnings, as crude producers kept a tight lid on spending.
Tags: services
remains
falls
demand
UK government borrowing falls in June
2021-07-21 08:53:58| BBC News | Business | UK Edition
Despite a fall, borrowing was still the second-highest on record for June as Covid spending continues.
Tags: june
government
falls
borrowing
Oil Falls More Than $2 after OPEC+ Producers Agree to Raise Output
2021-07-19 15:22:20| OGI
Oil prices fell sharply on July 19 after OPEC+ overcame internal divisions and agreed to boost output, sparking concerns about a crude surplus as COVID-19 infections rise in many countries.
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