Energy Equipment and Services Oil and Gas Drilling Commodity Market Trades, Charts

  • Oil rig afloat on the waters in Alaska

    The Obama administration on Friday blocked the sale of new permits to drill oil and gas in the Chukchi and Beaufort Seas off Alaska.

  • Petroleum workers moving a drill

    America's oil field workers already took a hit last year. This year, they're taking another one, and worse.

  • Scientists blame oil and gas industry for Oklahoma earthquakes

    Forty-six quakes have already struck the state since the beginning of November.

  • Dakota pipeline battle

    CNBC's Jackie DeAngelis reports on the protests and controversy surrounding the construction of the Dakota Access Pipeline.

  • Nov 11- U.S. oil drillers increased rigs this week for a 21th week in the last 24, as energy firms follow through on plans to add rigs made months ago when crude was still trading over the key $50 a barrel level analysts said should lead to more drilling. RIG-OL-USA- BHI> Since crude topped $50 a barrel in May, June and October, drillers have added 136 oil rigs, its biggest...

  • A pipeline sign stands in Cushing, Oklahoma, U.S.

    An earthquake with a preliminary magnitude of 5 struck near Cushing, Oklahoma, prompting evacuations, but there were no reports of injuries.

  • Nov 4- U.S. oil drillers increased rigs this week for a 20th week in the last 23, as energy firms follow through on plans to add rigs made months ago when crude was still trading over the key $50 a barrel level analysts said should lead to more drilling. RIG-OL-USA- BHI> Since crude topped $50 a barrel in May, June and October, drillers have added 134 oil rigs, its biggest...

  • Nov 4- U.S. oil drillers increased rigs this week for a 20th week in the last 23, as energy firms follow through on plans to add rigs made months ago when crude was still trading over the key $50 a barrel level analysts said should lead to more drilling. RIG-OL-USA- BHI> Since crude topped $50 a barrel in May, June and October, drillers have added 134 oil rigs, its biggest...

  • WASHINGTON, Nov 2- Some U.S. Supreme Court justices on Wednesday appeared wary about the foreign policy implications of making it too easy for foreign governments to be sued in U.S. courts as they considered a lawsuit by an Oklahoma-based oil drilling company that claims Venezuela unlawfully seized 11 drilling rigs six years ago. The eight justices heard an...

  • Mark II Unitorque electric pumping unit at a crude oil well site outside South Heart, North Dakota.

    The oil market is up against this vicious cycle and breaking out will be hard, says trader Anthony Grisanti.

  • *OPEC meeting yet to agree on output-cap plan- sources. NEW YORK, Oct 28- Oil prices settled below $50 on Friday to mark their biggest weekly loss in six weeks, on concerns OPEC will not fully carry out a planned output cut, even as data showed U.S. oil drillers removed rigs from production for the first time since June. But the market's attention remained on...

  • Oct 28- U.S. oil drillers cut rigs this week for the first time since June, ending a 17- week recovery in the rig count, even as crude prices mostly held over $50 a barrel this month, the key level analysts said should lead to more drilling. RIG-OL-USA- BHI> That ended the longest streak of not cutting oil rigs since 2011 started after crude briefly climbed over $50 a...

  • OIL DRILLERS CUT RIGS FOR FIRST WEEK SINCE JUNE- BAKER HUGHES.

  • A general view shows an Iraqi national flag flown in front of excess gas as its being burnt off, at a pipeline in the newly opened section of the oil refinery of Zubair, southwest of Basra in southern Iraq

    Iraq is OPEC's second largest producer, but analysts say the odds of Baghdad being exempt from planned output cuts are actually good.

  • Oct 25- Contract oil and gas driller Nabors Industries Ltd said on Tuesday it was seeing significant utilization increases in the Lower 48 states of the United States, but that spot market pricing remained competitive. "Increased demand is beginning to exert upward pressure on pricing for these top-end rigs, although in the near-term our fleet average margins...

  • Traders gather at the post that handles Baker Hughes on the floor of the New York Stock Exchange.

    Baker Hughes reported a loss of 15 cents per share, compared with expectations for a 44-cent loss.

  • LONDON, Oct 24- U.S. oil and gas drillers are reporting the biggest and most sustained upturn since oil prices began slumping in the middle of 2014.. More than two-thirds of the extra rigs have been deployed in the neighboring southwest states of Texas, New Mexico and Oklahoma. Within those states most of the additional rigs have been deployed in the Permian and...

  • LONDON, Oct 24- U.S. oil and gas drillers are reporting the biggest and most sustained upturn since oil prices began slumping in the middle of 2014.. More than two-thirds of the extra rigs have been deployed in the neighbouring southwest states of Texas, New Mexico and Oklahoma. Within those states most of the additional rigs have been deployed in the Permian and...

  • Stay cautious even on Schlumberger gains: Expert

    Ultimately, oil markets remain oversupplied even as oil services companies beat earnings, says Lipow Oil Associates' Andy Lipow.

  • NEW YORK, Oct 14- Crude oil prices fell on Friday as a stronger dollar weighed on the market and as traders awaited an industry report that would determine if U.S. oil drillers were ramping up activity with prices holding above $50 a barrel. Brent, the London- trade crude benchmark, was down 40 cents, or 0.8 percent, at $51.63 a barrel by 11:05 a.m. EDT, after rising...