- Oil prices rise on Fed rate cut expectations but weighed down by trade tensions and strong dollar ...

April 4 (Reuters) - U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs rose to the highest since June, energy services ...

Suncor Energy is on the hunt for a rig set to be used in a multi-well drilling campaign at its Terra Nova oilfield offshore ...

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said Friday in its latest report. The decline reduces the total ...

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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 ...

Baker Hughes reported last Friday that active US oil rigs in the week ending March 28 fell -2 rigs to 484 rigs, mildly above the 3-year low of 472 rigs posted on January 24. The number of US oil ...

US oil prices tanked more than 7.5% on Thursday. President Donald Trump's tariffs are battering energy markets as recession fears climb. A surprise decision by OPEC+ to boost oil output ...

HOUSTON, April 3 (Reuters) - Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise increase in output the day after U.S ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...

Cameroonian villagers protesting on March 25 against plantation company Socapalm’s replanting of oil palm trees on disputed land were dispersed with tear gas by local law enforcement.