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US Oil Rig Count Jumps 10, Crude Price Holds On to Gain

The U.S. land-based rig count rose by 13 this week, including 10 new oil rigs. A crude oil price rally held onto most of its gains for the day, but black gold is headed for another losing week......»»

Category: blogSource: 247wallstAug 10th, 2018

Crude Oil Price Holds On to Gain as Stockpiles Drop

U.S. commercial crude inventories dropped by 5.8 million barrels last week even though refineries are running nearly flat out. Prices pared their early gains, but still hold onto to an increase of........»»

Category: blogSource: 247wallstAug 22nd, 2018

US Oil Rig Count Jumps by 11; Crude Price Sinks

The number of U.S. land-based rigs drilling for oil jumped by 11 this week and a total of 14 horizontal rigs were put into service......»»

Category: blogSource: 247wallstApr 6th, 2018

WTI Jumps Above $72 After Surprise Crude Draw

Against expectations of a 2.5mm barrel build, API reported Crude stocks drewdown in the latest week by 2.13mm barrels, sparking a kneejerk gain in WTI crude back above $72.......»»

Category: blogSource: zerohedgeOct 16th, 2018

3M Holds on as Dow’s Poorest Performer

3M Company rang up a nice share price gain last week, but it was not enough to alter the stock's rank as the worst performer among the 30 Dow index stocks......»»

Category: blogSource: 247wallstSep 22nd, 2018

US Oil Rig Count Rises by 7, Prices on Track for Small Weekly Gain

U.S. land-based oil drillers added seven new rigs last week, lifting the total number of rigs drilling for oil to 867. The report sent crude prices down from an intraday high well above $69, but........»»

Category: blogSource: 247wallstSep 14th, 2018

Crude Oil Price Holds Gains as Gasoline, Diesel Inventory Gains Outweigh Crude Decline

The U.S. Energy Information Administration reported Wednesday morning that U.S. commercial crude oil inventories fell by more than 5 million barrels last week. Product inventories (gasoline and........»»

Category: blogSource: 247wallstSep 12th, 2018

US Oil Rig Count Remains Flat, Prices on Track for 3.5% Loss for the Week

The number of U.S. land-based rigs drilling for oil fell by two this week, but the loss was offset by a gain of two new natural gas wells. Crude oil and natural gas prices have taken a beating this........»»

Category: blogSource: 247wallstSep 7th, 2018

Futures Movers: Oil prices end lower, but score solid gains for the month

Oil ends lower Friday, but holds on to a solid gain for the month, a day after U.S. benchmark prices topped $70 for the first time in about six weeks, with U.S. sanctions on Iranian oil expected to lead to tighter global crude supplies......»»

Category: topSource: marketwatchAug 31st, 2018

US Oil Rig Count Rises by 2, Crude on Track for 2% Weekly Gain

The number of land-based rigs operating in the United States rose by two this week after dropping by nine last week. U.S. production continues to rise, reaching nearly 10.7 million barrels a day in........»»

Category: blogSource: 247wallstAug 31st, 2018

US Oil Rig Count Drops by 9, Crude on Track for 6% Weekly Gain

The number of U.S. land-based oil rigs dropped by 9 this week and 4 land-based natural gas rigs were also idled. The decline had only a minor effect on spot crude prices......»»

Category: blogSource: 247wallstAug 24th, 2018

Oil holds sharp gain after Baker Hughes weekly rig count data show oil rigs jumped by 10

Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil increased by 10 to 869 for the .....»»

Category: topSource: marketwatchAug 10th, 2018

US Oil Rig Count Down 2, Crude Price on Track to Close the Week Lower

The number of U.S. land-based rigs drilling for oil dropped by two this week and the number of horizontal rigs plummeted......»»

Category: blogSource: 247wallstAug 3rd, 2018

US Oil Rig Count Up 3, Crude Price to Close Lower

The number of land-based rigs drilling for oil in the U.S. rose by three this week, it's first increase in a month. Crude oil prices remain under pressure......»»

Category: blogSource: 247wallstJul 27th, 2018

Crude Oil Price Jumps on Large Inventory Drawdown

The U.S. crude oil stockpile fell by more than 6 million barrels last week, more than double the expected drop. Gasoline inventories also posted a much larger-than-expected drop......»»

Category: blogSource: 247wallstJul 25th, 2018

US Oil Rig Count Down 5, Crude Price Set to Post Small Weekly Loss

The number of U.S. land-based rigs drilling for oil fell by five this week and the natural gas rig count fell by two. The decline has sent crude prices higher......»»

Category: blogSource: 247wallstJul 20th, 2018

Inflation jumps 2.9 percent in largest annual gain in 6 years

Consumer prices rose in June from a year earlier at the fastest pace in six years, lifted by more expensive gas, car insurance, and higher rent. The Labor Department says the consumer price index ticked up just 0.1 percent in June......»»

Category: topSource: moneycentralJul 12th, 2018

US Oil Rig Count Ticks Up Again as Crude Price Slides

The number of U.S. land-based rigs drilling for oil rose by 1 for the second consecutive week. Rigs drilling for natural gas dropped and the total rig count for the week came in at 1,059, down 3........»»

Category: blogSource: 247wallstJun 15th, 2018

US Oil Rig Count Ticks Up as Crude Price Weakens

The number of land-based rigs drilling for oil rose by one this week, according to the weekly count by Baker Hughes......»»

Category: blogSource: 247wallstJun 8th, 2018

Natural Gas Price Holds Gain Following Inventory Report

U.S. natural gas stockpiles rose in line with projections last week and wellhead prices held on to a solid gain already posted in Thursday trading......»»

Category: blogSource: 247wallstJun 7th, 2018

US Oil Rig Count Up a Little; Crude Price Softens on Russian Production Increase

The number of U.S. land rigs drilling for oil rose by a modest 2 this week after several weeks of larger increases. Crude prices are under pressure from increased production by Russian oil giant........»»

Category: blogSource: 247wallstJun 1st, 2018