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Rigs Rise, Prices Climb in Oil Sector | Odessa News
Oil drilling is heating up across the U.S. with a five-rig jump nationwide to 593, fueled by a two-rig boost in the Permian Basin — now at 265. Oil rigs lead the charge at 455, while gas rigs climb to 128. Though still far below the 4,500 rigs peak of 1981, activity is rebounding from pandemic lows. Prices are rising too: West Texas Intermediate hit $82.40, up $4.22 from last week, signaling renewed momentum in the energy market. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news…
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