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.

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

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.

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 8.7 million ...