Deleveraging efforts and potential shareholder distributions by 2026, along with rising demand for deepwater drilling, ...

Active rigs drilling for oil and gas in the U.S. fell by 1 to 583, falling by a single rig for the second straight week, Baker Hughes said in its latest report.

Oil prices settle lower but notch fourth-weekly gain on demand optimism By Investing.com - Jul 05 ... hits three-year highs for two weeks despite a 15% drop in drilling rigs. Improved production ...

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday ...

In its latest short term energy outlook (STEO), which was released recently, the U.S. Energy Information Administration (EIA) ...

Analysts noted that the market still has confidence in a modest 2025 crude oil surplus. That expectation has depressed positioning and valuation. Goldman is still bullish on investments in oil, ...

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