“Baker Hughes Report: US Oil Drilling Rigs See Exciting Weekly Drop!”

finance

Oilfield services company Baker Hughes reported on May 21 that the weekly number of active U.S. rigs drilling for oil dropped by three to 588. In total, the active U.S. rig count, encompassing those drilling for natural gas, fell by seven to 748. Following this report, oil prices continued to rise, with the June West […]