The U.S. oil rig count posted its largest weekly increase since 2022 as rising crude prices tied to Middle East tensions and the Strait of Hormuz disruption boosted shale drilling activity, particularly in Texas.
The U.S. oil rig count posted its largest weekly increase since 2022 as rising crude prices tied to Middle East tensions and the Strait of Hormuz disruption boosted shale drilling activity, particularly in Texas.