U.S. Energy Sector Shows Resilient Trends | Business and Finance News

U.S. energy sector shows resilience despite minor dips: rig count falls to 587, still 45 above last year, with oil rigs down 2 to 450 and gas rigs up 1 to 127. Crude production slips slightly to 13.798 million barrels/day but remains 525K barrels/day above levels seen this time last year. Frac spread count drops 4, signaling a slight slowdown in bringing wells online, while the Permian Basin loses 1 rig to 258 — 2 below last year. Oil prices dip Friday (Brent at $95.96, WTI at $88.30) but remain higher than last week, hinting at underlying market strength. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ea91fabfb07c9e5b