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Oil and Gas Drilling Commodity Market Trades, Charts

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  • Halliburton plans to sell spate of businesses Tuesday, 7 Apr 2015 | 5:37 PM ET

    NEW YORK— Oil and gas drilling services company Halliburton said Tuesday it will sell several businesses as it works to complete its $34.6 billion acquisition of competitor Baker Hughes. Halliburton said the sales will not close until regulators approve its purchase of Baker Hughes. Halliburton moved to buy Baker Hughes as global oil prices tumbled in 2014....

  • Goldman: Oil prices must 'stay low for longer' Tuesday, 7 Apr 2015 | 9:56 AM ET
    Pipelines and oil storage tanks in Cushing, Oklahoma

    U.S. oil inventory and capex falls may boost prices modestly near term, but production growth is still too strong for substantial gains, Goldman said.

  • Oklahoma shakes, and fingers point to fracking Saturday, 4 Apr 2015 | 3:09 PM ET
    Floor hands work on an oil rig in the Bakken shale formation outside Watford City, North Dakota.

    Scientists say thousands of Oklahoma quakes are caused by wells used to bury wastewater from oil and gas exploration, the NYT reports.

  • The other biggest loser in oil's slide: Angola Sunday, 29 Mar 2015 | 12:01 PM ET
    New skyscrapers being built in the business district of Luanda, Angola

    Plunging oil has been a windfall for U.S. consumers, but energy-reliant countries like Angola, however, the effect has been far less beneficial.

  • March 27- Not so long ago, advanced drillships costing more than half a billion dollars each and capable of operating in ever-deeper waters practically guaranteed big profits for oil-rig operators. Drillship operators face a more brutal hit to margins than they did after the oil-price crash of 2008 because of the huge cost of maintaining the more than $10...

  • March 27- Not so long ago, advanced drillships costing more than half a billion dollars each and capable of operating in ever-deeper waters practically guaranteed big profits for oil-rig operators. Drillship operators face a more brutal hit to margins than they did after the oil-price crash of 2008 because of the huge cost of maintaining the more than $10...

  • Oil may be headed the way of dinosaurs: Insana Tuesday, 24 Mar 2015 | 11:46 AM ET
    Dinosaur

    Is oil headed to $100? $30? It may not matter, says Ron Insana. It could be headed the way of the dinosaurs.

  • US drillers scrambling to thwart OPEC threat Tuesday, 24 Mar 2015 | 7:17 AM ET
    Workers stand next to water service tanks at an Anadarko Petroleum hydraulic fracking site near Dacono, Colorado.

    OPEC and lower global oil prices delivered a one-two punch to the drillers in North Dakota and Texas. Now they are fighting back.

  • Government unveils first set of fracking rules Friday, 20 Mar 2015 | 1:27 PM ET
    File photo: Rig hands thread together drilling pipe at a hydraulic fracturing on the Marcellus shale rock formation in Pennsylvania.

    The federal government unveiled the first mandates for fracking operations on federal and Indian lands on Friday.

  • Spotlight on Refiners   Thursday, 19 Mar 2015 | 12:30 PM ET
    Drilling for deals

    CNBC's Morgan Brennan checks on the health of energy stocks as the price of Brent and WTI trade lower.

  • This signals more oilfield mergers may be coming Monday, 16 Mar 2015 | 2:55 PM ET
    Pumpjacks operate at an oil well in Williston, North Dakota.

    Exploration and production firms have issued nearly $9 billion in stock this year, well above recent first-quarter totals.

  • Hamm: Americans pay price for US oil export ban Thursday, 12 Mar 2015 | 8:40 AM ET
    Continental Resources CEO Harold Hamm pauses during an interview in his Oklahoma City offices, July 12, 2012.

    Billionaire oilman Harold Hamm tells CNBC that American refineries can't handle all the oil being produced domestically.

  • Time to lift oil restrictions: Harold Hamm   Thursday, 12 Mar 2015 | 7:37 AM ET
    Time to lift oil restrictions: Harold Hamm

    Harold Hamm, Continental Resources CEO, explains why he is calling to let American energy companies export their oil and level the playing field.

  • These oil driller stocks could be winners: Analyst Wednesday, 11 Mar 2015 | 5:00 PM ET
    Atwood Oceanics rig

    If investors know where to look they may find some opportunity in the oil-drilling sector, analyst Ken Sill said.

  • Brazil's Supreme Court will probe 34 politicians in connection with a multibillion-dollar kickback scheme at state-controlled oil company Petrobras.

  • Oil firms are swimming in data they don't use Thursday, 5 Mar 2015 | 1:39 PM ET

    The energy industry's failure to use the data it collects means it's not as efficient as it could be, leaving money on the table.

  • These countries the REAL wildcards for oil: Expert Thursday, 5 Mar 2015 | 9:13 AM ET
    A pump jack operates at an oil well in Williston, N.D., Feb. 15, 2015.

    Despite the meltdown in oil, prices are more likely to rise than to fall further because of political instability, an industry consultant tells CNBC.

  • Why OPEC is dead Wednesday, 4 Mar 2015 | 3:32 PM ET
    Oil Iraq OPEC

    With oil's price collapse, we can now declare that OPEC's reign as king of the market is over.

  • McClendon seeks cash for next big venture   Wednesday, 4 Mar 2015 | 6:22 AM ET
    McClendon seeks cash for next big venture

    CNBC's Kate Kelly reports Aubrey McClendon of American Energy Partners is at it again, raising money for new drilling investments but there are a number of headwinds.

  • March 2- Onshore and offshore driller Nabors Industries Ltd swung to a quarterly loss, hurt by a fall in drilling activity amid a slump in global crude prices. Nabors recorded charges of about $1.2 billion in the quarter related to its pending deal with C&J Energy Services Inc and the "current industry downturn." Nabors posted a net loss of $891.1 million, or $3.08...