Showing posts with label U.S. drilling. Show all posts
Showing posts with label U.S. drilling. Show all posts

Wednesday, July 1, 2015

Rig Rout Puts Smaller Drillers in Front as Oil Majors Scale Back

Crude oil’s plunge is leaving drilling rigs idle from Africa to Latin America as the world’s biggest energy companies curtail spending and stall projects.

Tuesday, April 14, 2015

Oil edges up as financial traders bet on higher prices

SINGAPORE (Reuters) - Oil prices rose slightly on Monday, continuing from a strong end to last week as financial traders increased bets on higher prices amid a slowdown in U.S. drilling, but analysts warned fundamentals remained weak.