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Tag Archives: US oil rig count

U.S. oil poised as next swing producer – INTERVIEW

energy market, oil swing producer

Oil prices have taken a wild ride in recent years, and nobody knows exactly where they will settle. Some market analysts, though, have a better idea than others. Brent Berarducci of Blacklion Capital Management, namely, is one unique to the oil and gas financial market. His boots have been on the ground (as well as 30,000+ feet in the air) ...

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U.S. oil rigs decline, but up in Permian, Bakken

U.S. oil drillers this week added one rig each in the Permian and Bakken shale basins, data showed on Friday, another sign that higher crude prices are coaxing producers back to the well pad after a six-month slump in activity. Overall, drillers reduced the number of rigs by four this week, oil services company Baker Hughes Inc said in its ...

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