neutral
3 days agoU.S. drillers trim rig count for fourth straight week amid falling demand
Tracker shows U.S. oil and gas drillers cut the number of active rigs for the fourth consecutive week, underscoring weakening upstream activity as global demand softens. The drop reflects cautious energy market sentiment amid lower crude prices and inventory overhang. Energy firms are delaying investment plans, and analysts warn of potential production slowdowns through 2026.
Reuters• By Pooja Kumari
Explore:High Return Equity Mutual Fund
neutral
3 days agoU.S. drillers trim rig count for fourth straight week amid falling demand
Tracker shows U.S. oil and gas drillers cut the number of active rigs for the fourth consecutive week, underscoring weakening upstream activity as global demand softens. The drop reflects cautious energy market sentiment amid lower crude prices and inventory overhang. Energy firms are delaying investment plans, and analysts warn of potential production slowdowns through 2026.
Reuters• By Pooja Kumari
Explore:High Return Equity Mutual Fund
1 min read
55 words
U.S. energy drillers cut active rigs again as soft global demand and lower prices dampen upstream investment and production activity.
Tracker shows U.S. oil and gas drillers cut the number of active rigs for the fourth consecutive week, underscoring weakening upstream activity as global demand softens. The drop reflects cautious energy market sentiment amid lower crude prices and inventory overhang. Energy firms are delaying investment plans, and analysts warn of potential production slowdowns through 2026.
Tracker shows U.S. oil and gas drillers cut the number of active rigs for the fourth consecutive week, underscoring weakening upstream activity as global demand softens. The drop reflects cautious energy market sentiment amid lower crude prices and inventory overhang. Energy firms are delaying investment plans, and analysts warn of potential production slowdowns through 2026.
Nov 27, 2025 • 10:36