Oil-directed rigs accounted for most of the sharp increase in the drilling rig count in Canada during the week ended Jan. 10. Oil-directed rigs accounted for most of the sharp increase in the ...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The ...
The real-time price of Brent crude oil is at $79.61 per barrel, and the price of WTI crude oil is at $76.65 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...
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 ...