
Oil and Gas Jobs Fall to 2026 Low Despite Record Output
USO jumped nearly 4 percent even as oil and gas jobs keep disappearing. Mergers, automation and data center power deals are reshaping who gets hired in the oil patch.

USO jumped nearly 4 percent even as oil and gas jobs keep disappearing. Mergers, automation and data center power deals are reshaping who gets hired in the oil patch.

Crude oil has shed nearly 40% from its wartime high as Hormuz traffic recovers and Iranian export hopes grow. USO hit 106.08, just above its 52-week low, with an RSI…

Crude oil fell to its lowest level since before the Iran conflict began, with USO dropping 3.77% as U.S.-Iran ceasefire talks in Switzerland raised expectations that the Strait of Hormuz…