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U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker ...

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NEW YORK: Oil prices rose more than 2% on Wednesday, supported by a large draw in US crude stockpiles and potential supply disruptions caused by new US sanctions on Russia, while a Gaza ceasefire ...

The US Energy Information Administration (EIA) reported a 12.2 million draw in the country's crude oil barrels in storage last week, which was larger than analysts' expectations in a Reuters poll ...

"If oil does go into lower $60s or upper $50s, public independents that are already capital disciplined are going to have to cut their budget and cut rigs," said Bryan Sheffield, founder of energy ...

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 ...

A recent plunge in oil prices, prompted by Donald Trump’s ... That would force the Kremlin to increase borrowing, cut nonmilitary spending or draw down its remaining reserves.

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 2 rig dip in the prior week.