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US energy sector News

Weekly Oil Rig Count Shows Slight Increase in US, Significant Annual Drop

Emily Rodriguez 09 Aug, 2025

The US oil rig count slightly increased to 411, with a significant annual drop of 74. Gas rigs decreased weekly but rose annually. Canada's rig count showed mixed trends, with a we...

Economy

Weekly Oil Rig Count Drops: US Sees Decline as Baker Hughes Reports Significant Annual Decrease

Emily Rodriguez 02 Aug, 2025

The latest Baker Hughes report shows a weekly decrease in the US oil rig count to 410, with a significant annual drop. Gas rigs, however, increased. Canada's rig count also decline...