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 ...

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.

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% this year despite President Donald Trump's vow to maximize production, ...

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.

Oil prices dip as Trump threatens tariffs on Canada & Mexico. Uncertainty over crude imports keeps markets volatile. Traders ...

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 ...

OPEC+ has decided to stick to its scheduled production plan despite rising oil prices and pressure from President Trump to ...