Oil prices fell on Monday on concerns the escalating trade war between the United States and China would weaken global economic growth and dent fuel demand. Brent crude futures were down 29 cents ...

Increased production efficiency counteracted a decrease in the number of active oil rigs, resulting in L48 production increasing 3% last year. Unlike in the L48 states, production in Alaska and ...

Experience the reasons behind the high salaries of workers on offshore oil rigs, where harsh conditions and demanding work lead to significant financial rewards. These employees endure extreme ...

The Department of the Interior announced Thursday it would no longer require the Bureau of Land Management to produce an environmental impact statement for thousands of oil and gas leases in seven ...

The Trump Administration announced on Thursday that they will no longer be requiring environmental impact statements (EIS) for oil and natural gas leases in the U.S. West. This is a move to remove ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. Crude oil inventories in the United States saw an increase ...

TOKYO: Bank of Japan Governor Kazuo Ueda said on Wednesday (Apr 9) the central bank will carefully analyse how US tariffs could affect the economy in making monetary policy decisions. "Domestic ...

The total U.S. rig count is made up of 489 oil rigs, 96 gas rigs, and five miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 529 horizontal rigs, 48 ...

Typically, producers respond to oil price moves with a lag of a few months. To gauge how low prices can go before producers lay down rigs, investors often look at breakeven prices to profitably ...

Stonewall County Judge Ronnie Moorhead said the project, led by Swenson Solar, will benefit the county, especially given the recent decrease in oil rigs in the area. “They’re going to be ...