The move may come as a surprise, given that the U.S. benchmark oil price, West Texas Intermediate, is $69.36 per barrel ...

Prudential Financial Inc. grew its position in Transocean Ltd. (NYSE:RIG – Free Report) by 899.8% during the fourth quarter, ...

Vanguard Group Inc. lifted its position in Transocean Ltd. (NYSE:RIG – Free Report) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange ...

Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The number of oil rigs in the US increased by five during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil rose to 489, while gas lost ...

JP Morgan analyst maintains a Neutral rating on Magnolia Oil & Gas with a price forecast of $24 ahead of earnings release on ...

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said Friday in its latest report. The decline reduces the total rig ...

U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs ...

Transocean Ltd.’s RIG share price has dipped by 20.22%, which has investors questioning if this is right time to buy.

Nabors Industries Ltd.’s NBR share price has dipped by 21.07%, which has investors questioning if this is right time to buy.

As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics are expected on Friday, April 4, 2025. The U.S.