Oil Prices Down Amid Rising Rig Count, Soft Us Economic Data

Slide in oil prices deepens as rising rig count, US factory data point to weaker demand

Topics:  data   oil prices   rising rig count   
BING NEWS:
  • Oil Rig Count Falls by 7 This Week, Baker Hughes Says
    The weekly count ... oil tally rising by four to 60 and gas losing two at 60. West Texas Intermediate crude oil fell 1.1% to $78.10 per barrel in Friday late-afternoon trade, while Brent dipped 0.7%, ...
    05/3/2024 - 8:49 am | View Link
  • U.S. oil rig count drops for sixth time in seven weeks
    The number of active oil and gas drilling rigs in the US continues to decline, with a drop of 8 in the past week, according to Baker Hughes.
    05/3/2024 - 7:00 am | View Link
  • Crude Oil WTI (NYM $/bbl) Front Month
    2-Year U.S. Treasury Note Continuous Contract $101.730 0.105 0.10% 5-Year U.S. Treasury Note Continuous Contract $105.656 0.250 0.24% 10-Year U.S. Treasury Note Continuous Contract $108.750 0.391 ...
    05/3/2024 - 5:59 am | View Link
  • Weak US productivity could threaten Fed's 'soft landing' hopes
    Weaker U.S. productivity gains in the first quarter may challenge the Federal Reserve's efforts to finish its inflation fight without a painful rise in unemployment, potentially stalling progress on ...
    05/2/2024 - 4:59 am | View Link
  • North American rig count takes a hit while Middle East maintains stability
    North America's rig count drops; Middle East maintains stability amid global market fluctuations.. North American rig count takes a hit while Middle East maintains stability. ANALYSIS, Exploration & ...
    04/29/2024 - 5:44 pm | View Link
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