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U.S. Oil Rig Count Slips Along With Crude Prices | OilPrice.com

Oil rig

By Julianne Geiger – Dec 16, 2022, 12:11 PM CST The number of total active drilling rigs in the United States slipped again this week, according to new data from Baker Hughes published on Friday. The total rig count fell by 4 again to 776 this week—197 rigs higher than …

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Gas prices tumble to 15-month low. Sub-$3 could be next | CNN Business

CNN  —  The plunge in gasoline prices hit another milestone on Friday, with the national average sinking to the lowest level since September 2021. The sharp decline in pump prices is encouraging news for consumers after a year of high prices for groceries, rent and other essentials. A gallon of …

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ICE Warns of Margins That Could Rock European Natural Gas Market if Price Cap Moves Ahead – Natural Gas Intelligence

Intercontinental Exchange Inc. (ICE) has warned European Union (EU) members that implementing a cap on natural gas prices without allowing markets time to adjust would cause more instability and possibly force it to reconsider trading in the Netherlands. ICE has alerted EU members in a memo that proposals for an …

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