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 …
As Iranian crude oil storage tanks burned following weekend attacks by Israeli warplanes, crude oil prices soared to more than $100 a barrel on Sunday. Prices in the U.S. hit $105.70 a barrel following a $14.80 or 16.28% jump for West Texas Intermediate crude. Brent crude, the global benchmark, rose to $106.50 a barrel after …
