U.S. energy firms this week resumed cutting the number of oil and natural gas rigs after adding rigs last week, with the ...

The total number of active drilling rigs for oil and gas in the United States fell slightly this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 2 ...

Meanwhile, the US oil and gas rig count fell by 2 units last week to 588 vs. 630 last year at this time. While the Fed rate cut provided the biggest positive economic news for the week ...

Oil prices increased on Tuesday, driven by concerns over US supply disruptions following Hurricane Francine and growing expectations that the US Federal Reserve may cut interest rates ...

The evidence suggests investors had more than fully absorbed the Fed would be cutting rates by 50 BPS. Click to read.