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U.S. drilling rigs tick lower, snapping nine-week winning streak

Active drilling rigs in the U.S. fell by 1 to 727, snapping nine consecutive weekly gains, Baker Hughes reported Friday in its latest survey. Drilling rigs targeting crude oil fell

EIA inventory report - Crude inventory falls for the second week

Energy Information Administration Petroleum Inventories Crude -0.903M barrels vs. -1.0M last week. EIA Gasoline -0.5M vs. -0.5M last week. EIA Distillates +1.7M vs. +1.2M last week. Futures (CL1:COM +0.74%) ETFs: USO, UCO, SCO, BNO, DBO,

U.S. drilling rigs spike by 14 for ninth straight weekly gain

Active drilling rigs in the U.S. rose for the ninth consecutive week, surging by 14 to 728, according to Baker Hughes' latest weekly survey. The number of rigs drilling for

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EIA inventory report - Crude inventory falls unexpectedly

Energy Information Administration Petroleum Inventories Crude -3.4M barrels vs. +1.383M consensus, +8.487M last week. EIA Gasoline -4.8M vs. -1.333M consensus, -3.607M last week. EIA Distillates +1.2M vs. -0.800M consensus, -0.913M last week. Futures (CL1:...

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U.S. drilling rigs spike to eighth straight weekly gain

Active drilling rigs in the U.S. rose for the eighth consecutive week, adding 9 to 714, its highest total since March 2020 and 57% above levels at the same time