The active rig count in the US was up by 4 units for the week ended Feb. 7 with 586 rigs running, according to Baker Hughes data.

Oil futures climbed Friday from their lowest levels of the year, but tallied a third straight weekly fall amid rising U.S.

The number of oil rigs in the US increased by one in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil grew to 480 rigs from 479 last ...

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, Baker Hughes said in its latest weekly report.

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since ...

The Dangote Refinery has announced that it now produces about 33 million litres of petrol per day and processes 550,000 barrels of crude oil daily.

The US has imposed a fresh round of sanctions on Russia’s energy sector in a bid to cut its oil revenue. The crucial question ...

Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...

The oil market has been in the spotlight over the past few days due to the US President Donald Trump’s tariff narrative.

CDS Musa has urged oil industry stakeholders to collaborate in achieving Tinubu’s 2.5 million barrels daily production target.

China has retaliated against President Donald Trump 's tariffs by implementing some of its own, renewing a trade war between ...

Cars are likely to go up in price — by about $3,000. That’s because parts cross the US, Canadian and Mexican borders multiple ...