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In the week ended October 7, the number of rigs drilling for oil in the United States rose to 428, according to the latest Baker Hughes North American Rotary Rig Count.
The number of rigs drilling for oil in the United States rose to 425 last week, according to the Baker Hughes North American Rotary Rig Count.
In the week ended September 23, the number of rigs drilling for oil in the United States rose to 418, according to the latest Baker Hughes North American Rotary Rig Count.
Baker Hughes released its weekly oil rig count late on Friday, and we have already started seeing some breaks in the growth of the number of rigs.
In the week ended September 9, the number of rigs drilling for oil in the United States rose to 414, according to the Baker Hughes North American Rotary Rig Count.
In the week ended September 2, the number of rigs drilling for oil in the United States rose to 407, according to the latest Baker Hughes North American Rotary Rig Count.
In the week ended August 26, the number of rigs drilling for oil in the United States totaled 406, unchanged compared with the prior week.
The latest Baker Hughes North American Rotary Rig Count finds the number of rigs drilling for oil in the United States totals 406.
Despite oil not being over $50 a barrel, the rig count went higher. Will it continue? And if so, won't more drilling just add more supply and drive prices lower?
A new UBS research report makes the case that oil services earnings are starting to surprise to the upside somewhat.
In the week ended August 5, the number of rigs drilling for oil in the United States rose to 381, according to the Baker Hughes North American Rotary Rig Count.
In the week ended July 29, the number of rigs drilling for oil in the United States rose to 374, according to the Baker Hughes North American Rotary Rig Count.
In the week ended July 22, the number of rigs drilling for oil in the United States rose to 371, according to the latest Baker Hughes North American Rotary Rig Count.
When oilfield services firm Halliburton reports second-quarter results before markets open Wednesday, analysts are looking for it to post a per-share loss.
Hedge funds have built a large long position in heating oil and a somewhat bearish view on gasoline, sending a strong message to refiners. And the refiners have begun to pay attention.