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.

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 ...

Oil prices settled lower on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, ...

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

Once again, the U.S. ran the largest deficit with China, with the gap in goods totaling $295 billion in 2024. (Full-year statistics for services are not unavailable yet.) ...

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.

The US is imposing new levies on countries from which it buys everything from cars to fruit and vegetables. Until now, the ...