U.S. oil and gas rigs cut for first time in six weeks

On July 24, Baker Hughes reported that U.S. energy firms reduced operating oil and gas rigs by one to a total of 587 for the week ending July 24, marking the first decline in six weeks. The decrease reflects softer energy demand or market conditions.

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@ alice maz

stream:bsky-jetstreamother68d ago kagi ↗

one thing about the iliad that is very tender is how often homer is like “the sword cut into omnipolydactyles’s stomach. oh, he was a young boy, small town, big dreams, growing up in the rolling wheat fields of argos where the honey flows like rivers, apple of his mother's eye, he had a pet sheep one thing about the iliad that is very tender is how often homer is like “the sword cut into omnipolyd

US energy firms cut rigs for first time in six weeks

kite:energyother67d ago kagi ↗

U.S. energy firms cut the number of operating oil and gas rigs for the first time in six weeks, Baker Hughes said Friday. The total rig count fell by one to 587 in the week to July 24, the lowest level since mid-July, but remained 45 rigs, or 8%, above the same time last year [boereport.com#1][energynow.com#1][google.com#1]. Oil rigs fell by two to 450, their lowest level since mid-July; gas rigs