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.

Here is a look at what happened in oil markets in the week of Feb. 3-7 and what the focus will be in the days to come.

Corn markets showed signs of life in early 2025 after a tough year of price declines, creating fresh opportunities for ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

President Trump seeks American energy independence, focusing on fossil fuels and reducing government interference. Read more to see my thoughts.

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.

After tumbling in 2024, the Woodside Energy Group Ltd (ASX: WDS) share price finished January in the green. Here’s what’s ...