BUSINESSMay 22 · 18:24 UTCBLOOMBERGEmma Sanchez

US Oil Rig Count Up by Most in Four Years Amid Drilling Recovery

The US oil rig count has increased by the largest amount in four years, signaling a recovery in drilling activity. This growth reflects renewed investment and confidence in the oil sector following a period of market challenges.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

United StatesplaceMidland, TexasplaceOil Rig CounttopicDrilling RecoverytopicOil Industrytopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSMay 6 · 12:48 UTC
Shale Drillers Finally Heed Trump’s Call to Start Pumping More Oil
BUSINESSMay 5 · 15:32 UTC
Diamondback Sees 10% More Permian Oil Rigs by Year-End as War Boosts Prices
BUSINESSMay 21 · 07:19 UTC
Saudi Oil Exports Value Surged to Three-Year High in March
BUSINESSMay 19 · 11:44 UTC
Russian Oil Flows Rebound as Key Black Sea Port Fully Restarted
BUSINESSApr 28 · 09:36 UTC
Tullow Shares Soar as West African Oil Brings Record Price
WORLDApr 21 · 13:08 UTC
Russia Set to Ramp Up Oil Flows as Impact of Drone Strikes Fades