The total number of active oil and gas drilling rigs in the US decreased by four to 576. US crude oil production fell to 13.477 million bpd, down from 13.481 million bpd the previous week.

The country’s oil rig count increased by 18 week on week and its gas rig count dropped by two week on week, the count showed. The total North America rig count is down 30 compared to year ago ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

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 ...

According to a new study, whale sharks use oil platforms as migratory stopover sites during their ... The researchers focused on whale sharks that had been tagged at Ningaloo Reef and Shark Bay – two ...

Vast stretches of Russian coast have been tarred by heavy fuel oil from two freighters that foundered in a storm. By Nataliya Vasilyeva Reporting from Istanbul When a 28-year-old volunteer named ...

NEW YORK (Reuters) -Oil prices settled up on Tuesday, bouncing back from multi-week lows, after the White House reaffirmed U.S. President Donald Trump's plans to issue tariffs on Canadian and ...

OIL prices fell about 2 per cent to a two-week low on Monday as news of surging interest in Chinese startup DeepSeek’s low-cost artificial intelligence (AI) model prompted concerns over energy demand ...

LONDON, Jan 27 (Reuters) - Investors are snapping up crude oil futures as a hedge against ... Haruhiko Kuroda's "bazooka" stimulus less than two years after its introduction, with a decision ...