US Drillers Cut Oil & Gas Rigs For 7th Week to Lowest Since 2021, Baker Hughes Says

(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, … Read more