US Drillers Cut Oil and Gas Rigs for Eighth Week in a Row: Baker Hughes

The oil and gas rig count fell for the eighth week in a row to 682. 

US Drillers Cut Oil and Gas Rigs for Seventh Week in a Row: Baker Hughes

The oil and gas rig count fell by 8 to 687, the lowest it's been since April 2022.

US Drillers Cut Oil and Gas Rigs for Sixth Week in a Row: Baker Hughes

The oil and gas rig count fell by one to 695. 

US Oil Rig Count Falls by Most Since September 2021: Baker Hughes

The oil and gas rig count fell, for the fifth week in a row, to 696.

US Oil & Gas Rigs Fall in May By Most in a Month Since 2020

The U.S. oil and gas rig count fell by 44 this month, in the biggest drop in three years.

What's Affecting Oil Prices This Week? (May 22, 2023)

Oil prices increased thanks to a number of factors, including the U.S. debt limit, increased inventories of commercial crude and decreased inventories in the Strategic Petroleum Reserve. 

US Drillers Cut Most Oil Rigs in a Week Since Sept. 2021: Baker Hughes

U.S. oil rigs fell to 575 this week, but the number of gas rigs was unchanged.

What's Affecting Oil Prices This Week? (May 15, 2023)

The price of oil is facing headwinds from several factors, including concerns about the U.S.' regional banking sector and the impending U.S. debt limit.

US Oil and Gas Rig Count Falls to Lowest Since June 2022: Baker Hughes

The oil and gas rig count fell to 731, the biggest decline since June 2020.

US Weekly Oil & Gas Rig Count Falls by the Most Since February

Growth is set to decelerate sharply as the more recent slump in prices curtails new drilling and well completions.