Crude oil stocks, not including the SPR, stood at 428.8 million barrels on February 6, according to the EIA's latest weekly ...
Rystad Energy outlined that the January U.S. labor market report 'surprise[d]... to the upside, underpinning energy demand'.
China has bought some Venezuelan oil that was purchased earlier by the U.S., according to Energy Secretary Chris Wright.
Global exploration is signaling an “early recovery”, according to an Enverus Intelligence Research (EIR) statement sent to Rigzone by the Enverus team recently.
Oil markets are awash in crude, keeping a lid on prices and squeezing drillers. For US refiners, though, the glut is proving a windfall.
The US government issued a general license to allow oilfield-service companies to work in Venezuela as the Trump ...
The U.S. Energy Information Administration projected that the average Brent spot price will drop in 2026 and 2027.
OPEC oil production declined sharply last month amid losses in Kazakhstan, Venezuela and Iran, the group said.
Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be up by 6.5 million barrels for ...
The U.S. Energy Information Administration's latest gasoline fuel update showed an increasing trend for the U.S. regular gasoline price.
As flagged last month, BP took a writedown of about $4 billion from its energy transition business in the fourth quarter.
In a BofA Global Research report sent to Rigzone last month, analysts offered a comparison of global 'big oil' companies.
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