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 ...

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, ...

The early signs are promising, hinting that this upward momentum will carry into February', analysts at J.P. Morgan said.