Wednesday, September 16, 2026
U.S. rig count had an increase of 1 this week, at 255- oil and gas 360

U.S. rig count decreased by 34 this week, at 374

Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had a decrease of 34 over last week, resulting in a total count of 374 rigs. Canada had an decrease of 1 over last week, resulting in a total Canadian count of 26 rigs. Breakdown by region Of the regions tracked by Baker Hughes, no regions saw

Oil heads for another weekly gain on demand hopes and shut-ins- oil and rise- oil and gas 360

Oil heads for another weekly gain on demand hopes and shut-ins

CNBC Oil prices rose on Friday and were on course for a second consecutive week of gains as more countries moved ahead with plans to relax economic and social lockdowns put in place to halt the coronavirus pandemic and as more output was shut in. U.S. West Texas Intermediate crude gained 5%, or $1.18, to trade at $24.73 per barrel, while

U.S. drillers expected to slash oil & gas rigs to lowest ever

Reuters The number of oil and gas rigs operating in the United States is expected to hit an all-time low this week – reflecting data going back 80 years – as the energy industry slashes output and spending to deal with the coronavirus-led crash in fuel demand. Last week, the U.S. rig count was just four units above the record