Another drop of active oil and gas rigs across the U.S. was reported by Baker Hughes while Oklahoma managed to make a gain. The report, released on Friday showed a decline nationally of 4 more rigs, leaving 619 pursuing the search for more oil and natural gas. The number of oil rigs fell by …
Crude oil prices managed moderate gains on Friday but still finished the week with their steepest weekly losses since March. Oklahoma energy stocks recorded 3% and 4% gains for the day. What prompted the crude oil gains? Largely it was due to a partial lifting of Russia’s fuel export ban. As a result, West Texas …
