U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...

The number of active rigs drilling for oil and gas in the U.S. fell by 4 to 576, extending a recent decline to its lowest level since December 2021, Baker Hughes said.

The move would bar new oil and gas leases along the Atlantic coast, the eastern Gulf of Mexico, the Pacific coast and portions of the northern Bering Sea, two people familiar with the plans said.

The bank’s latest energy survey showed a split between large and small companies in spending outlooks. Following President-elect Donald Trump’s victory in November, oil and gas executives ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...