March 6, 2026 archive

Oil and gas rig activity still strong across the U.S. as prices climb to $90

  • March 6, 2026

As crude oil prices hit more than $90 a barrel on Friday, the number of active drilling rigs in the U.S. showed a slight increase while Oklahoma’s count was unchanged. The Baker Hughes Rig Count released on Friday indicated the U.S. total grew by one to 551 and the breakdown reflected an increase of 4 …

Continue reading »

$90 oil arrives during expanding war by US and Israel against Iran

  • March 6, 2026

  Oil prices hit more than $90 a barrel on Friday as the Strait of Hormuz remained closed due to the fighting with Iran. The U.S., Israel and numerous Middle East countries continued their relentless attacks on Iran as the war extended to nearly one week on Friday. Why did WTI prices soar in the …

Continue reading »