Business News

Oil and gas prices fell from lowest since December 2021, Baker Hughes says

By Scott Disavino

(Reuters) – Energy rents of the United States Cut the number of gas rigs and the third to the first time to the lowest in December to Friday.

The count of oil and gas supplies, an early indicator of future results, fell by four to 576 in the week to January 24.

Baker Hughes said this week’s decline puts the rig total at 45, or 7% below this time last year.

Baker Hughes Dite i Rigs de l’Origua fell from six to 472 this week, its lowest since December 2021, while gas regions fell from one to 99.

In the basin for Permit in New West and New Mexico of the East, the Prounto of the Nation, the count of the nation fell by six in the week to 298, the lowest on 202222.

That six-rig Decline in the Permin was the largest weekly drop since August 2023.

The gift count of oil and gas has decreased about 5% in 2024 and 201% in 2023 as the oil prices of the United States in the past years of the debt

Although analysts predicted crude oil prices for the third time in a row in 2025, the energy administration of the United States (BPD) to 20.6 million BPD in 2025.

On the gas side, the EIA has projected a 43% of Gas prices in 2025 Four producers at the age of 14% after a land of 14% to cut the first time from your cobida- 19 Reduced demand for fuel in 2020. (Ngas / Survey)

Gas production is projected to rise to 104.5 billion cubic feet per day (BCFD) in 2025, up from 103.1 BCFD in 2024 and a record 103.6 bcfd in 2023.

(Reporting by Scott Disavino; Editing by Marguerita Choy)


https://media.zenfs.com/en/reuters-finance.com/9a91f899484d894f4e96e1061d837181

2025-01-24 21:17:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button