U.S. drillers add oil rigs in a record streak but pace slows

28 May 2017, Houston — U.S. energy firms added oil rigs for a record 19 weeks in a row as expectations of higher crude prices after an OPEC-led decision to extend current output curbs motivate producers to boost spending on new drilling. The pace of those additions, however, has slowed with the total added so […] More »