Latest news with #Plains-WestTexasIntermediatePosting
Yahoo
10-05-2025
- Business
- Yahoo
US rig count down six as prices rebound
May 9—The rig count in the Permian Basin was down two this week, the latest count Friday by Baker Hughes shows, with 285 rigs active in the region. A year ago, 314 rigs were active in the region. Nationally, the oil and gas rig count is down six from last week at 578 rigs. A year ago, 603 rigs were active. The count shows that 474 rigs sought oil, down five from the previous week, and 101 explored for natural gas, unchanged from the previous week. The count also shows three miscellaneous rigs, down one from the previous week. The U.S. rig count peaked at 4,530 in 1981. It bottomed out in August of 2020 at 244. The regional benchmark Plains-West Texas Intermediate Posting ended Friday at $57.50 per barrel, up $2.73 from last Friday's close. National benchmark West Texas Intermediate crude ended at $61.02 per barrel, up $2.73 from the previous week. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-04-2025
- Business
- Yahoo
US rig count up two as prices climb
Apr. 18—The rig count in the Permian Basin was unchanged this week, the latest count Thursday by Baker Hughes shows, with 289 rigs active in the region. A year ago, 318 rigs were active in the region. Nationally, the oil and gas rig count is up two from last week at 585 rigs. A year ago, 619 rigs were active. The count shows that 481 rigs sought oil, up one from the previous week, and 98 explored for natural gas, up one from the previous week. The count also shows six miscellaneous rigs, unchanged from the previous week. The U.S. rig count peaked at 4,530 in 1981. It bottomed out in August of 2020 at 244. The regional benchmark Plains-West Texas Intermediate Posting ended Thursday at $61.16 per barrel, up $3.18 from last Friday's close. National benchmark West Texas Intermediate crude ended at $64.68 per barrel, up $3.18 from the previous week.
Yahoo
05-04-2025
- Business
- Yahoo
Basin rig count down three as prices tumble
Apr. 4—The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 294 rigs active in the region. A year ago, 317 rigs were active in the region. Nationally, the oil and gas rig count is down two from last week at 590 rigs. A year ago, 620 rigs were active. The count shows that 489 rigs sought oil, up five from the previous week, and 96 explored for natural gas, down seven from the previous week. The count also shows five miscellaneous rigs, unchanged from the previous week. The U.S. rig count peaked at 4,530 in 1981. It bottomed out in August of 2020 at 244. The regional benchmark Plains-West Texas Intermediate Posting ended Friday at $58.47 per barrel, down $7.37 from last Friday's close. National benchmark West Texas Intermediate crude ended at $61.99 per barrel, down $7.37 from the previous week.
Yahoo
29-03-2025
- Business
- Yahoo
Basin rig count down three as prices climb
Mar. 28—The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 297 rigs active in the region. A year ago, 316 rigs were active in the region. Nationally, the oil and gas rig count is down one from last week at 592 rigs. A year ago, 621 rigs were active. The count shows that 484 rigs sought oil, down two from the previous week, and 103 explored for natural gas, up one from the previous week. The count also shows five miscellaneous rigs, unchanged from the previous week. The U.S. rig count peaked at 4,530 in 1981. It bottomed out in August of 2020 at 244. The regional benchmark Plains-West Texas Intermediate Posting ended Friday at $65.84 per barrel, up $1.08 from last Friday's close. National benchmark West Texas Intermediate crude ended at $69.36 per barrel, up $1.08 from the previous week.
Yahoo
22-03-2025
- Business
- Yahoo
US rig count up one as prices rise
Mar. 21—The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 300 rigs active in the region. A year ago, 315 rigs were active in the region. Nationally, the oil and gas rig count is up one from last week at 593 rigs. A year ago, 624 rigs were active. The count shows that 486 rigs sought oil, down one from the previous week, and 102 explored for natural gas, up two from the previous week. The count also shows five miscellaneous rigs, unchanged from the previous week. The U.S. rig count peaked at 4,530 in 1981. It bottomed out in August of 2020 at 244. The regional benchmark Plains-West Texas Intermediate Posting ended Friday at $64.76 per barrel, up $1.10 from last Friday's close. National benchmark West Texas Intermediate crude ended at $68.28 per barrel, up $1.10 from the previous week.
