Yonhap Infomax NewsMay 26, 2025
The US energy sector is reducing drilling activity for the fourth straight week, hitting the lowest rig count since November 2021, despite President Trump’s production boost pledge, as tariff-related demand concerns weigh on output and WTI prices.
#YonhapInfomax #USEnergy #BakerHughes #RigCount #WTI #ProductionDecline #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=64629
[Global Chart]US Energy Sector Moves Contrary to Trump’s ‘Production Boost’ Pledge

The US energy sector is reducing drilling activity for the fourth straight week, hitting the lowest rig count since November 2021, despite President Trump’s production boost pledge, as tariff-related demand concerns weigh on output and WTI prices.

Yonhap Infomax
ExTraders GlobalMay 3, 2024
The US Baker Hughes Oil Rig Count dropped to 499, down from 506 previously. Additionally, the Total Rig Count decreased to 605 from the previous 613. #Oil #RigCount #BakerHughes