The U.S. oil rig count stood at 506 at the end of March, down by 382 rigs since 2018, which was the peak in the last decade. "If oil prices stay in the $50s, oil rig counts will drop, and the drop ...

"If oil does go into lower $60s or upper $50s, public independents that are already capital disciplined are going to have to cut their budget and cut rigs," said Bryan Sheffield, founder of energy ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

Brazil plans extra auction for offshore oil areas Kuwait to tap international debt market for first time since 2017 Russia’s economy expected to contract further from oil price decline Saudi ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as traders ...

US Trade Policy: Wide-ranging Tariff Increases Heighten Global Credit Risk2 days ago US-China Trade War: Yuan Sinks as US Tariff Pressure Mounts, Eyes on Beijing3 days ago China Inflation Data ...

The price of oil is the most important value on the international commodity markets. Crude oil is the most important commodity and emerging industrial markets such as China, India and Latin ...

US oil futures rise despite API inventory showing surprise build in crude stocks By Investing.com - Apr 15, 2025 1 Investing.com -- U.S. crude oil futures traded above post-settlement levels ...

Tuesday April 15, 2025 - BMI reveals its latest Brent oil price forecasts out to 2029.