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US Oil and Gas Rig Count Falls for First Week in Seven
2021-10-22 19:40:00| OGI
Despite this weeks decline, the total count of oil and natural gas rigs operating in the U.S. was still up 255 rigs, or 89%, over this time last year.
Oil Falls on Fears Inflation May Dent Fuel Demand Growth
2021-10-13 11:41:45| OGI
The International Monetary Fund cut its growth outlooks for U.S. and other major economies amid supply chain disruptions and cost pressures.
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.
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.
US Oil, Gas Rig Count Falls for First Time in Six Weeks
2021-06-04 19:24:54| OGI
The U.S. oil and gas rig count, an early indicator of future output, fell by one to 456 in the week to June 4, according to data from Baker Hughes Co.