The number of oil rigs in the US increased by seven in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil grew to 479 rigs from 472 last ...

The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year.

The latest weekly report by the Energy Information Administration showed crude-oil stocks climbed by about 3.5 million bbl for the week ended Friday. Distillate inventories slid almost 5 million bbl, ...

U.S. Crude Oil Stockpiles Rise for First Time in 10 Weeks U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, according to ...

U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, according to data released Wednesday by the U.S. Energy Information ...

Wall Street's tech giants dragged US frontline indices on Monday after China's AI startup DeepSeek rattled Silicon Valley and ...

Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly ...

Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade ...

Texas and the Permian Basin were hardest hit in this week's drilling activity decline as the rig count remains at three-year ...

Oil prices settled slightly higher on Friday but posted a weekly decline, ending four straight weeks of gains, after U.S.

Former President Joe Biden's eleventh-hour decision to impose tougher sanctions on Russian crude oil sales may make it difficult for President Trump to make good on his promise to reduce oil and ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...