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.

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had curbed ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

Wright's confirmation highlights a focus on fossil fuel production and energy innovation amid climate change debates ...

The Federal Government has banned the export of crude oil meant to meet the needs of domestic refineries in the country, ...

The Federal Government's Naira-to-crude initiative, aimed at bolstering domestic refining capacity has been marred by inconsistent execution, causing local refineries ...

Despite Trump’s push for increased oil production, U.S. energy companies remain cautious, waiting for higher prices.

Global energy market prices are expected to decline as new US president Donald Trump recently announced plans to increase ...

Budget 2025, Q3 results, foreign fund outflow, US Fed verdict, among others, will dictate trends this week. D-Street experts ...

The tax treatment of oil ... domestic production, Gilbert E. Metcalf models firm behavior in response to the potential loss of each of the three major tax preferences in the United States.

"End of the day, there is no shortage of oil out there," Mizuho analyst Robert Yawger said, noting that U.S. oil production is ... top-consuming nations the United States and China.

Rupee's depreciation against the US dollar is increasing the cost of natural gas for Indian buyers. There are rising calls to price domestic gas in rupees ... 3.65 in a year and ₹1.65 in a month to ...