In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States was lower than the prior week, and the count for natural gas also declined.
Diamondback Energy (FANG) concluded the recent trading session at $200.19, signifying a +0.5% move from its prior day's close.
Improving Permian production amid healthy oil prices raises the incentive to keep an eye on companies like ExxonMobil (XOM), Chevron (CVX) and Diamondback Energy (FANG).