Oil drilling rises in longest U.S. streak since 2022 on price bump |
Oil drilling rises in longest U.S. streak since 2022 on price bump
US oil drilling has expanded for six straight weeks, the longest uptrend in almost four years, after the Iran war pushed crude prices higher.
The number of rigs drilling across US oil fields rose by two this week to 431, according to data released by Baker Hughes Co. on Friday.........