Sunday, December 22, 2024
U.S. rig count had an increase of 1 this week, at 255- oil and gas 360

U.S. rig count decreased by 5 this week, at 258

Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had a decrease of 5 over last week, resulting in a total count of 258 rigs. Canada had an increase of 8 over last week, resulting in a total Canadian count of 18–26 rigs. Breakdown by region Of the regions tracked by Baker Hughes, no regions saw

Stocks battle higher as coronavirus treatment shows promise- oil and gas 360

Stocks battle higher as coronavirus treatment shows promise

FOX Business U.S. equity markets rallied Friday after a study found an experimental treatment reduced death in COVID-19 patients.   The Dow Jones Industrial Average rose as many as 201 points, or 0.78 percent, while the S&P 500 added 0.38 percent. Meanwhile, the Nasdaq Composite seesawed between losses and gains after booking its 26th record-high close of the year on Thursday. Ticker Security Last Change Change %

Libya lifts exports force majeure but says output recovery to be slow- oil and gas 360

Libya lifts exports force majeure but says output recovery to be slow

Reuters TUNIS/LONDON  – Libya’s National Oil Corporation (NOC) lifted force majeure on all oil exports on Friday as a Vitol tanker loaded at Es Sider after a half-year blockade by eastern forces, but said technical problems caused by the shutdown would keep output low. “The increase in production will take a long time due to the significant damage to reservoirs