Decline in U.S. Oil and Gas Rigs Signals Sector Slowdown

The latest report from Baker Hughes indicates a notable decrease in the number of operational oil and gas rigs in the United States, pointing to a continued slowdown in drilling activities. This trend mirrors the current economic and market conditions, suggesting possible operational shifts for exploration and production companies. Among those affected is GEMXX Corp. (OTC: GEMZ), which operates in Latin America, as the energy sector's uncertainties could sway investment trends. For further information on GEMXX Corp., visit their newsroom at https://ibn.fm/GEMZ.