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US Oil Rig Count Falls By Five

2019-07-03 19:14:35| OGI

The rig count, an early indicator of future output, declined over the past seven months as independent E&P companies cut spending on new drilling as they focus more on earnings growth instead of increased output.

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US Oil Rig Count Falls To Lowest Since February 2018

2019-06-07 19:44:26| OGI

Drillers cut 11 oil rigs in the week to June 7, bringing down the total count to 789, Baker Hughes, a GE company, said in its weekly report.

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US Oil Drillers Cut Rigs, Count Falls By Two

2019-05-10 19:35:21| OGI

The rig count has declined over the past five months as independent E&P companies cut spending on new drilling as they focus more on earnings growth instead of increased output.

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Russian Oil Output Falls In April But Fails To Reach Reduction Target

2019-05-02 17:24:21| OGI

Officials want to raise the production quota, pointing to improved market conditions.

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FTSE 100 falls as oil shares dive

2016-04-18 10:07:42| BBC News | Business | UK Edition

The UK's benchmark share index drops sharply as oil shares tumble after a meeting of oil producers fails to agree a cap on output.

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