Baker Hughes, Inc. (NYSE:BHI)

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Why Crude Prices Could Stay Low Regardless of Rig Counts

In the week ended September 23, the number of rigs drilling for oil in the United States totaled 418, up by two compared with the prior week and down from a ...
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Offshore Drilling Rig

Why This Tiny Drop in the Rig Count May Bring at Least Some Concern

Baker Hughes Inc. (NYSE: BHI) 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. ...
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oil refinery

Rig Count Up by 11, Hedge Funds Piling Up Short Bets Again

In the week ended September 9, the number of rigs drilling for oil in the United States totaled 414, up by seven compared with the prior week and a total of ...
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fracking

Rig Count Up by 8, Hedge Funds Wavering on Short Bets

In the week ended September 2, the number of rigs drilling for oil in the United States totaled 407, up by one compared with the prior week, but down from a ...
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Rig Count Steady, Hedge Funds Dump Short Contracts on 63 Million Barrels

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, and down from a total ...
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Rig Count Rises by 10, Huge Short Covering in Crude Market

In the week ended August 19, the number of rigs drilling for oil in the United States totaled 406, up by 10 compared with the prior week but down from a ...
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Oil rig

Why 7 Straight Weeks With Higher Oil Rig Count Matters So Much

Baker Hughes Inc. (NYSE: BHI) released its weekly rig count, and despite oil not being over $50 a barrel, the count of rigs was still higher. What this means is ...
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oil field sunset

3 Oil Service Giants to Buy as Rig Count Slowly Improves

It still seems hard to believe that just a little over two years ago oil prices were bubbling near the $100 a barrel level and everything was a go in ...
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fracking

Oil Rig Count Up by 7 Last Week, Hedge Funds Scooping Up Short Contracts

In the week ended August 5, the number of rigs drilling for oil in the United States totaled 381, up by seven compared with the prior week and a total of ...
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Oil Rig Count Up by 3 Last Week, Hedge Funds Pile Into Short Contracts

In the week ended July 29, the number of rigs drilling for oil in the United States totaled 374, up by three compared with the prior week. The number totaled of ...
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fracking

Oil Rig Count Up by 14 Last Week, Hedge Funds Thinking Short Again

In the week ended July 22, the number of rigs drilling for oil in the United States totaled 371, up by 14 compared with the prior week and a total ...
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Oil worker

What to Expect From Halliburton’s Earnings Report

Oilfield services firm Halliburton Co. (NYSE: HAL) is scheduled to report second-quarter results before markets open Wednesday. Analysts are looking for a per-share loss of $0.19 and revenues of $3.76 ...
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Oil Rig Count Up by 6 Last Week, Hedge Funds Turn Long on Crude, Distillates

In the week ended July 15, the number of rigs drilling for oil in the United States totaled 357, up by six compared with the prior week and a total of ...
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Oil Rig Count Up by 10 Last Week, Hedge Funds Add to Short Positions

In the week ended July 8, the number of rigs drilling for oil in the United States totaled 351, up by 10 compared with the prior week and a total ...
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fracking

Oil Rig Count Rose by 9 Last Week, Hedge Funds Pile Up Short Contracts

In the week ended June 17, the number of rigs drilling for oil in the United States totaled 337, up by nine compared with the prior week and a total of ...
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