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oil and gas sector News

Baker Hughes Reports: Slight Rise in US Oil Rig Count to 480 This Week

Ryan Peterson 08 Feb, 2025

The latest Baker Hughes report reveals a slight increase in the US oil rig count to 480, alongside a rise in gas rigs to 100. Despite weekly gains, annual comparisons show declines...

Market

US Oil Rig Count Sees a Surge: Baker Hughes Reports a 7-Rig Increase to 479

Ryan Peterson 01 Feb, 2025

The US oil rig count increased by seven to 479, as reported by Baker Hughes, while the gas rig count slightly decreased. Canada also saw a rise in its rig count, indicating a posit...