Despite escalating regional tensions and military actions, Gulf National Oil Companies (NOCs) are maintaining their long-term ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a 10th week in a row for the first time ...

American refiners are relying on oil supplies from the country’s biggest shale basins more than ever as flows of denser ...

Oil and gas activity contracted in recent months as uncertainty lingers, according to most recent the Dallas Fed survey.

Total oil futures and options lots traded on the Intercontinental Exchange (ICE) hit record highs in the second quarter, as U ...

According to data from oil service provider Baker Hughes, the number of active oil rigs in the US fell by a further six last ...

A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude ...

The net change in the U.S. horizontal rig count is seven rigs—1% —fewer than at year-end 2024, a Hart Energy analysis shows.

Geopolitical tensions and oil price spikes are creating volatility, yet markets remain resilient, often rebounding quickly ...

The Strait of Hormuz is not just a waterway; it is the artery of global energy. Any blockade would trigger a chain reaction ...

PetroChina has brought online the Dukouhe-Qilibei sour gas field — its most sulphur-rich development to date — completing the ...