The number of U.S. rigs drilling for crude — a closely followed metric that can point to future oil output — fell by nine to 480 this week, the biggest drop since June 2023, according to data ...

More jack-ups drilling rigs could be leaving the Middle East region ... driven by limited geological success and Oil and Natural Gas Corporation's desire to lower oil service costs, said Shelf.

Oil markets ... ramp up drilling. "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 ...

Oil prices declined today, April 16, as markets assessed the potential impact of the US-China trade war on economic growth and energy demand, amid expectations of a rise in US crude inventories last ...

Oil prices rose today, April 15, supported by a potential easing of tariffs announced by US President Donald Trump and a rebound in Chinese oil imports in anticipation of a decline in Iranian supplies ...

The price of oil is the most important value on the international commodity markets. Crude oil is the most important commodity and emerging industrial markets such as China, India and Latin ...

Natural gas up 5%, nears trigger point for rally on talk of output cuts By Investing.com - May 15, 2023 3 Investing.com -- Talk of output cuts is beginning to influence trading in U.S. natural gas ...

Tuesday April 15, 2025 - BMI reveals its latest Brent oil price forecasts out to 2029.