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US drilling activity continues to slow given the broader weakness in oil prices. Meanwhile, markets will be focused on the US ...
Tensions have escalated between Iraq’s central government in Baghdad and the semi-autonomous Kurdish region in the country’s ...
Oil prices dipped slightly on weak Chinese economic data, but broader market sentiment remains buoyant ahead of crucial ...
Crude oil prices increased on Friday, marking the first weekly gain in three weeks. This rise followed a positive U.S. jobs ...
Oilfield services firm Baker Hughes said Friday its U.S. rig count fell four rigs to 559, the sixth consecutive weekly ...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
The number of total oil and gas drilling rigs in the U.S. fell for the sixth consecutive week, down by 4 to 559 to the lowest count since November 2021, Baker Hughes reported Friday in its latest ...
Oil rose as stronger-than-expected US jobs data eased concerns about an economic slowdown that would crimp demand, spurring ...
Crude rose more than $1 a barrel on Friday, posting its first weekly gain in three weeks after a favorable U.S. jobs report ...
Crude futures rise to multiweek highs amid optimism that U.S. engagement this week with China could lead to trade agreements.
Federal regulators haven begun circling the Grand Strand region to see if it could be home to a future offshore oil rig.
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