U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first time since mid-January, energy services firm Baker Hughes BKR.O said in its closely followed report on Thursday.
U.S. oil output from top
shale-producing regions is due to decline in February for the
fifth consecutive month, the U.S. Energy Information
Administration said in a monthly report on Tuesday. . -January 16, 2024 at 02:20 pm EST
- MarketScreener