Monday, December 15, 2025
Oil outshines stocks and dollar in 2022- oil and gas 360

Oil outshines stocks and dollar in 2022

US News LONDON – Oil prices are proving resilient to global economic recession fears and have outperformed major equity indices and the U.S. dollar so far this year as Western sanctions on Russia further limit supplies to an already tight market. The two major crude futures contractsare up about 30% so far this year, while the All Country World Index

Shale drilling climbs to levels not seen since early pandemic- oil and gas 360

Shale drilling climbs to levels not seen since early pandemic

World Oil (Bloomberg) — Shale explorers are searching for oil at rates not seen since the early weeks of the pandemic as high crude prices incentivize drilling.     Oil rigs operating in US fields increased by 6 this week to 605, marking the biggest weekly expansion since June 24, according to Baker Hughes Co. data released Friday. It was