From 13 July to 19 July the quantity of active oil drilling rigs in the US decreased by 5 units to 799 units according to Baker Hughes oilfield services company. The amount of gas production rose in 2 units to 174 units. The total number of oil drilling rigs declined by 4 units to 954 ones. According to Baker Hughes the total number of drilling rigs in the US reduced by 5 units to 958 units. At the same time, the quantity of oil rigs reduced by 4 units to 784 ones. The experts notice that the drilling activity decline in the US is a consequence of falling oil prices.
On Thursday, United Airlines' (UAL.O) and its pilots' union said that they had reached an agreement on two different resolutions to reduce involuntary furloughs in August. The company said that it would keep pilots ready once the global travel ...
On Monday, United Airlines (UAL.O) announced that it would continue adding more flights for international routes in September. The airline company plans to reintroduce flights that were canceled due to coronavirus pandemic. United Airlines ...
Japan’s factory activity for June contracted for its 14th straight month amid sharp reductions in supply and demand, according to data from a business survey released on Wednesday. Japan is one of many export-reliant nations that have ...
China’s factory activity grew stronger in June backed by optimism for a quick economic recovery globally. However, struggling export orders indicated that the virus-driven disruptions will continue to cap economic growth longer than ...
June had seen Japan’s manufacturing activity struggling at an 11-year low. This indicated that the novel coronavirus pandemic has greatly affected manufacturers even as services-sector confidence advanced. The au Jibun Bank Flash ...