Baker Hughes (BKR.O), a prominent energy services firm, reported that U.S. energy companies decreased the count of oil rigs for the eighth consecutive month in July, while they expanded the
Baker Hughes (BKR.O), a prominent energy services firm, reported that U.S. energy companies decreased the count of oil rigs for the eighth consecutive month in July, while they expanded the
Baker Hughes (BKR.O), a leading energy services firm, reported this Friday that U.S. energy companies have continued to decrease the number of operational oil and natural gas rigs for the
The Kremlin announced that Russia has withdrawn from the Black Sea grain export agreement, causing wheat prices to rise.
SLB, the global leader in oil services and equipment, announced on Friday that it is suspending all product and technology deliveries to Russia from all its businesses in response to
This week, Baker Hughes, a prominent energy services company, reported that U.S. energy companies have reduced the operation of oil and natural gas rigs for the tenth time in the
Oil prices have declined following the largest weekly surge since the beginning of April, as persistent worries about demand continue to weigh on investors.
Energy companies in the U.S. have increased the number of oil and natural gas rigs for the first time in a span of 10 weeks, marking the most substantial weekly
Oil prices are experiencing a surge following simultaneous announcements by Saudi Arabia and Russia to curtail supplies.
Oil prices ended higher on Friday, but they marked their fourth consecutive quarterly loss, fueled by investor concerns over a global economic slowdown potentially denting fuel demand.
Oil prices have taken a hit as Russia’s refined fuel exports continued their upward trajectory over the past week.
The Russian rouble experienced a significant drop, nearing a 15-month low against the dollar, as markets reacted for the first time to the short-lived military coup against Vladimir Putin.