rig count

The price of WTI crude oil was up 1.3 percent to $60.10 per barrel on Friday, after Baker Hughes A GE Co (NYSE: BHGE) released its weekly U.S. rotary drill rig numbers. Rig counts have been slowly creeping higher for nearly three years now as the oil market recovers from a 2014 price collapse. The...

The price of WTI crude oil was down 2.5 percent to $58.46 per barrel on Friday after Baker Hughes A GE Co (NYSE: BHGE) released its weekly U.S. rotary drill rig numbers. Rig counts have been slowly creeping higher for nearly three years now as the oil market recovers from a 2014 price collapse. The...

The price of WTI crude oil was little changed at around $58.50 per barrel on Friday, after Baker Hughes A GE Co (NYSE: BHGE) released its weekly U.S. rotary drill rig numbers. Rig counts have been slowly creeping higher for nearly three years now as the oil market recovers from a 2014 price...

Every Friday, U.S. oil & gas investors finish out the week with an important litmus test of the health of the overall industry. Since 1944, Baker Hughes Incorporated (NYSE: BHI) has reported weekly counts of total rig drilling activity in the U.S. and Canada. The North American rig count is...

U.S. rig counts rose again for the third consecutive week last week, and Goldman Sachs analyst Damien Courvalin has updated the firm’s projections for oil production. Total rig count climbed by nine rigs last week, including seven additional vertical rigs and one additional horizontal rig....

U.S. crude oil rig counts fell by 10 this week. Tensions remain high in Syria between the United States, Russia and other members of the international community. The U.S. Ambassador to the UN has condemned Iran’s recent missile testing as a “clear violation” of a testing ban....