Thursday, December 4, 2025
Column: U.S. gasoline consumption nears pre-pandemic level- oil and gas 360

Column: U.S. gasoline consumption nears pre-pandemic level

Reuters U.S. traffic volumes have almost returned to pre-pandemic levels, helping normalise gasoline consumption as more businesses re-open, domestic leisure travel resumes and workers return to offices. The volume of traffic on all roads was down by less than 4% in March compared with the same month two years ago, according to the Federal Highway Administration (“Traffic volume trends” FHWA,

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count increased by 2 this week, at 455

Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of  2 over last week, resulting in a total count of 455 rigs. Canada had a decrease of 1 over last week, resulting in a total Canadian count of 58 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford,

Roughly half of Halliburton's shareholders vote against executive compensation plan- oil and gas 360

Roughly half of Halliburton’s shareholders vote against executive compensation plan

Nasdaq More than half of Halliburton’s shareholders voted against its proposed executive compensation plan this week, according to a filing published on Friday, marking a sharp reversal from last year, when the proposal received 91% approval. Shareholders rejected an advisory vote on the company’s proposed executive compensation plan by roughly 53%, and about 46% said they approved. The company does

Barclays says oil demand 'healing' even as COVID rages across Asia- oil and gas 360

Barclays says oil demand ‘healing’ even as COVID rages across Asia

Nasdaq A gradual oil demand recovery is largely on track as economies re-open, British bank Barclays said on Friday, adding that it remained constructive on oil prices despite rising coronavirus cases across Asia and potential return of Iranian supplies. It cut demand estimates for the Emerging Markets Asia (ex-China) region, flagging the risk of further downside if the recent surge