INTEnergy Newsoilprice:oilprice-article-45028أخبارIn force

US Oil Drillers Take A Break As Oil Prices Hover Near $100

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 587, up 45 from this same time last year. The number of active oil rigs fell by 2, reaching 450 during the latest reporting period, according to the data. This is 35 above this same time last year. The number of gas rigs rose by 1 and now stand at 127, which is 5 more than this time last year. Miscellaneous rigs stayed at 10. The latest EIA data showed…

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العرض المستخرج للقراءة · النص الأصلي للأدلة الامتثالية
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 587, up 45 from this same time last year. The number of active oil rigs fell by 2, reaching 450 during the latest reporting period, according to the data. This is 35 above this same time last year. The number of gas rigs rose by 1 and now stand at 127, which is 5 more than this time last year. Miscellaneous rigs stayed at 10. The latest EIA data showed…

المصدر

https://oilprice.com/Energy/Crude-Oil/US-Oil-Drillers-Take-A-Break-As-Oil-Prices-Hover-Near-100.html

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ذات صلة في International

INTEnergy Newsoilprice:oilprice-article-45056أخبارIn force

The U.S. Army Just Called China’s Bluff in the Rare Earth War

Just recently, in a span of about six weeks, one impressive company was selected by the U.S. Army to build and operate rare earth processing facilities on an American military base…the first time the Army has ever done this. That same company closed $100 million in institutional financing, giving it a war chest of roughly $130 million. It was also formally added to the Russell 3000 Index. And it locked in MOU’s for feedstock agreements covering billions of tonnes of rare earth-bearing material from sources across Wyoming, Appalachia…

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INTEnergy Newsoilprice:oilprice-article-45052أخبارIn force

Oil Prices Ignore the Warning Signs in Physical Markets

Oil price movements since the start of March this year have become the topic of dozens of discussions. Many have been puzzled by futures prices and why they haven’t gone through the roof given the severe disruption in Middle Eastern supply. It appears the reason is sheer optimism and a bet on market adaptability. However, there is a problem with that. Adaptability has limits. Many commentators like to compare the current oil price—and supply—situation to 2022, when Russia’s incursion into eastern Ukraine prompted an actual…

قبل 6 ساعات
INTEnergy Newsoilprice:oilprice-article-45054أخبارIn force

The World’s Largest Sand Battery Is Now Online

Modern power grids require a constant, real-time balance between supply and consumption. Unfortunately, the integration of wind and solar energy makes power grids unstable due to the intermittent nature of renewable energy generation. To prevent localized grid blackouts or harmful voltage spikes, utilities are increasingly pairing renewables with battery storage and/or rapid-response natural gas plants to smooth out fluctuating supply. However, Finland has now come up with a rather eccentric method to store excess renewable energy and release it…

قبل 7 ساعات
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/australia_to_study_first_new_oil_refinery_since_60s-28-jul-2026-184235-article/?rss=trueأخبارIn force

Australia to Study First New Oil Refinery Since 60s

Prime Minister Anthony Albanese Tuesday announced a study for a new refinery in Karratha in Western Australia, backed by A$4 million ($2.8 million) of government funds.

قبل 8 ساعات
INTEnergy Newsoilprice:oilprice-article-45055أخبارIn force

Refined Fuels, Not Crude, Are Driving the Oil Market Crunch

Oil prices have just come off a fresh two-month high as the crude oil market has tumbled this week amid signals of de-escalation in the U.S.-Iran conflict. Despite the slump in crude prices and the extreme volatility in the past five months, the refined product market continues to tighten with refining margins at record highs because the supply of petroleum products is much tighter than crude supply. Refining margins held at record highs even as crude oil prices soared last week to $100 per barrel. That’s because global gasoline, diesel,…

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