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Crude Oil News

US Rig Count Holds Steady at 551: Insights from the Latest Baker Hughes Report

February 20, 2026 Clark Savage

The U.S. rotary rig count remained unchanged at 551 for the week ending February 20, 2026, according to the latest data from Baker Hughes. This marks no shift from the previous week but reflects a […]

Crude Oil News

US Oil Drilling Adds 2 Rigs This Week, But Down 36 Over Last Year

January 31, 2026 Clark Savage

By Stuart Turley, Energy News Beat January 31, 2026 The latest Baker Hughes rig count report, released on January 30, 2026, shows a modest uptick in U.S. drilling activity with the total rig count climbing […]

Crude Oil News

Why Chevron and Exxon are Holding Their Stock Price Even When Oil is Holding at $60 to $65?

January 17, 2026 Clark Savage

In the volatile world of energy markets, oil prices have stabilized around $60 to $65 per barrel throughout much of 2025 and into early 2026, a level that might typically pressure major oil companies’ stock […]

Crude Oil News

U.S. Total Rig Count Down One This Week With Production Also Down

January 17, 2026 Clark Savage

The U.S. oil and gas industry saw a slight decline in drilling activity this week, with the total rig count dropping by one to 543, according to the latest data from Baker Hughes. This continues […]

No need to drill when margins are gone - Harold Hamm - Energy News Beat
Big Oil Companies

Harold Hamm Says There Is No Need to Drill at $58 per Barrel

January 16, 2026 Clark Savage

In the ever-volatile world of oil markets, few voices carry as much weight as that of Harold Hamm, the billionaire wildcatter and founder of Continental Resources. As oil prices hover in the low $50s to […]

Crude Oil News

2026 Rig Count Starts Out on a Down Note

January 10, 2026 Clark Savage

As we kick off 2026, the U.S. oil and gas industry is signaling caution, with the latest rig count data showing a slight decline to start the year. According to the weekly report from Baker […]

Crude Oil News

Breaking Barriers: Phoenix Energy’s 4-Mile Laterals and the Future of American Oil

December 30, 2025 Clark Savage

In this episode of Energy Newsbeat – Conversations in Energy, host Stu Turley sits down with Adam Ferrari, CEO of Phoenix Energy, to talk about “American oil” in action—from drilling record-setting four-mile laterals in the Bakken […]

Big Oil Companies

US Oil Rig Count Stages A Comeback After Last Week’s Losses

December 6, 2025 Clark Savage

The US oil and gas sector showed signs of resilience this week, with the total active rig count rebounding by 5 to reach 549 as of December 5, 2025, according to the latest data from […]

Crude Oil News

India Looking to Buy from US to Replace Russian Oil – What is the best blend for India’s refineries is a real question.

October 30, 2025 Clark Savage

In a significant shift amid escalating geopolitical tensions, India’s largest refiner, Indian Oil Corporation (IOC), is actively seeking to diversify its crude oil imports by turning to the United States and other American suppliers. This […]

AI

Wall Street Found Big Oil. Who Would Have Thought? – ENB Weekly Recap

October 4, 2025 Andy Del Prado

Weekly Daily Standup Top Stories Dallas Fed Survey Reveals Unrest in America’s Shale Patch September 27, 2025 Clark Savage ENB Pub Note: This article is from David Blackmon’s Substack, and we recommend subscribing. This brings up […]

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