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Oil and Gas Headlines

UPDATE 1-U.S. drillers add oil rigs for 2nd consecutive week -Baker Hughes

U.S. energy companies added oil rigs this week for a second week in a row, data showed on Friday, as drillers followed through on plans to boost spending, encouraged by crude prices rising toward their highest in nearly three years. Drillers added four oil rigs in the week to March 23, bringing the total count to 804, the highest since March 2015, General Electric Co's Baker Hughes energy services firm said in


Trump signs budget deal after raising government shutdown threat

WASHINGTON U.S. President Donald Trump signed Congress' newly passed $1.3 trillion spending bill on Friday, ending several hours of confusion spurred by a tweeted veto threat that raised the specter of a government shutdown. | Video