The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, a week after the count rose by 6, Baker Hughes said Friday in its latest weekly report. Despite the week's rig increase ...
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, ...
If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.
Following the steep drop seen in the previous session, the price of crude oil saw further downside during trading on Thursday. Crude ...
Thursday closed down -0.42 (-0.59%), and March RBOB gasoline (RBH25) closed up +0.0240 (+1.17%). Crude oil and gasoline ...
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 ...