Increase in the number of drilling rigs

WTI oil continued to cautiously rise in price after the publication of the weekly report by Baker Hughes, despite the fact that it signaled an unexpected increase in the number…

Evidence Mounts For Another Shale Slowdown

More and more evidence is pointing at what is now looking like a serious slowdown in U.S. shale activity, as sub $50 WTI is taking its toll on over-leveraged drillers….