The number of oil rigs in the US decreased by one during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil dropped to 486, while gas ...

while oil prices saw an increase before the rig data release. Drilling activity in the Permian Basin experienced a slight decline, and the Eagle Ford rig count held steady, both showing decreases ...

OPEC Plus's decision to increase oil production may provide the US with a strategic advantage in imposing stricter sanctions on Iran, as it could help offset any potential loss of Iranian exports ...

The US is applying pressure to Iranian crude exports after President ... Baker Hughes reported last Friday that active US oil rigs in the week ending March 14 rose +1 rig to 487 rigs, mildly ...

Iraq minister says Iranian tankers used forged Iraqi documents Tehran denies using such documents Iran says allegations came from U.S officials BAGHDAD, March 24 (Reuters) - Iraq's oil minister ...

- American Petroleum Institute (API) data show rise of 1 million barrels, contrary to market expectations of 2.6 million barrel decline ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.

Iraq plans to raise oil production capacity to more than 6 million barrels per day (bpd) by 2029, the state news agency reported Iraq's oil ministry as saying on Sunday. Iranian oil shipments into ...

Crude oil futures traded higher on Friday morning after the US imposed fresh sanctions on Iran. Added to this, the Organisation of Petroleum Exporting Countries and its allies, known as OPEC+ ...

U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on March 21. The oil and gas rig ...

Iraq's oil minister Hayan Abdel-Ghani has said Iranian oil tankers seized by US forces in the Gulf were using forged Iraqi documents. The administration of US President Donald Trump has restored ...