US Oil Rig Count Plunges to Lowest Point Since January
US Energy Firms Reduce Rig Count to January Low Amid Price Concerns Bucharest — May 29, 2024 — U.S. energy firms are curtailing operations, sending the oil and gas rig count to its lowest level since January, according to a recent report. The reduction,driven by fluctuating prices,sees a primary focus on shareholder returns rather than … Read more