One person playing No Man's Sky uses the game's wide variety of tools to create an imaginative base that resembles a real-life oil rig.

The oil and gas rig count, an early indicator of future output, fell by two to 537 in the week to July 11, the lowest since October 2021. , , ...

Egypt’s top oil and gas official held a meeting on Tuesday with Ades Drilling, the Saudi Arabian owner of a jack-up barge that capsized in the Gulf of Suez last week with fatal consequences, to ...

The Coast Guard medevacked a man who was reportedly suffering severe chest pains from an oil rig off the coast of Santa Barbara on Friday.

Oil prices could soar into the triple-digits in the worst-case scenario, JPMorgan analysts said. The bank sees crude trading as high as $130 a barrel in the event of supply disruptions.

Oil markets are entering a new phase of uncertainty after the U.S. entered the war between Iran and Israel, said industry watchers, predicting oil at $100 a barrel if the Strait of Hormuz is closed.

Oil futures extended gains to recover “Liberation Day” levels as the U.S. and China reached a tentative trade agreement.

The oil and gas rig count, an early indicator of future output, fell by four to 559 in the week to June 6, the lowest since November 2021.

Drillers packing up gear, rig count drops, potential signal of tighter oil supply. Investors should watch oil stocks, favoring efficient producers.

U.S. crude oil futures rose about 3% on Monday after OPEC+ increased production at a steady rate, easing investor fears that the group might boost output even faster.

US drillers pumped a record amount of oil in March, but the final number came in lower than government figures previously indicated.