Crude oil prices increased on Friday, marking the first weekly gain in three weeks. This rise followed a positive U.S. jobs ...

Market Roundup US Average Hourly Earnings (YoY) (May): 3.9%, 3.7% forecast, 3.9% previous US Average Weekly Hours (May): 34.3, 34.3 forecast, 34.3 previous US Government Payrolls (May): -1.0K, 1.0K ...

Oilfield services firm Baker Hughes said Friday its U.S. rig count fell four rigs to 559, the sixth consecutive weekly ...

Canada's unemployment rate rose to seven per cent in May, the highest it's been in nine years outside of the pandemic, Statistics Canada said on Friday.

By Erwin Seba HOUSTON (Reuters) -Crude rose more than $1 a barrel on Friday, posting its first weekly gain in three weeks ...

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.

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 U.S. economy created more jobs than expected last month, data showed Friday, but Macquarie economists warn that leading indicators are starting to show cracks emerging in the labor market.

Global updates on exploration, production starts, field development, rig activity, and key technology developments. Coverage includes US and international conventional and unconventional plays, wells, ...

The rescue package will provide an equity boost of between 3 billion pounds and 4 billion pounds to stabilize the utility's ...

Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of natural gas and oil ...