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US Oil Drilling Continues to Flounder
The total number of active drilling rigs for oil and gas in the United States rose by 2 this week, according to new data that Baker Hughes published on Friday ...
OilPrice.com on MSN
Low oil prices force billionaire Harold Hamm to halt Bakken drilling
Billionaire oil magnate Harold Hamm has ceased drilling operations in North Dakota's Bakken shale, citing low margins as oil prices remain near the $50 per barrel range and costs increase.
The total number of active drilling rigs for oil and gas in the United States rose by 1 this week, according to new data that ...
Crude oil fell over 5% as US-Iran tensions eased. OPEC+ supply pause and bullish speculative positioning temper the outlook.
Crude oil prices jumped to four-month highs above $65 per barrel last week, driven by geopolitical tensions between the U.S. and Iran as well as significant production disruptions caused by severe ...
Crude oil exports jumped more than 24 percent, leaping 900-thousand barrels a day to nearly 4.6 million. The four-week ...
Harold Hamm, the billionaire wildcatter who helped kick off the US shale oil revolution, said he’s about to shut down drilling in North Dakota’s Bakken for the first time in decades because of low ...
Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing peace talks between Russia and Ukraine, and a wave of oversupply hitting ...
Crude oil prices have been rallying in the last few days, putting oil and gas companies in focus. A key reason for the recent crude price surge is escalating geopolitical risk, particularly around ...
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