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weekly decline News

US Oil Rig Count Drops by 2 to 486: A Weekly Decline Amidst Annual Decrease

Olivia Carter 01 Mar, 2025

The US oil rig count decreased by two to 486, marking a 20-rig drop from last year. Gas rigs slightly increased, but overall rig counts show a yearly decline. Canada saw increases ...

Economy

Significant Drop in US Natural Gas Inventories: A Weekly Decline of 261 Bcf Revealed

Emily Rodriguez 28 Feb, 2025

The EIA reports a significant weekly decrease in US natural gas inventories, with a net drop of 261 Bcf, bringing total storage to 1,840 Bcf. Year-over-year, stockpiles are down by...