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U.S. to Continue Record Crude Exports in 2023 as Energy Crisis Deepens

By Sheela Tobben and Devika Krishna Kumar (Bloomberg) — US crude sales overseas are set to hit fresh records through next year as American oil increasingly takes market share in Europe..

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Europe Becomes Top Market for USA Crude

This shift in oil flows underscores how significantly Russia's invasion of Ukraine has redirected energy supplies.

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U.S. Natural Gas Drilling Up in Latest Baker Tally; Oil Count Surges

The U.S. natural gas rig count added three units to reach 157 for the week ended Friday (June 24), while a surge in oil-directed drilling lifted the

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Surge in Oil Patch Lifts U.S. Drilling Tally by Double Digits in Latest Baker Count

The U.S. rig count surged 13 units higher to 753 during the week ended Friday (June 24), driven by growth in the oil patch, the latest figures from

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Falling DUC Inventory Spurs Lower 48 E&Ps to Goose Drilling Activity

Exploration and production (E&P) operators in the U.S. onshore are ramping up drilling activity, particularly in the Permian Basin, to offset the

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