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 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.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

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

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data ...

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

Discover key financial insights with updates on employment growth, oil rig activity, and consumer credit trends.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

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

Crude futures rise to multiweek highs amid optimism that U.S. engagement this week with China could lead to trade agreements.

Behind the scenes at Petit Le Mans last year, a few key Porsche execs met with Roger Penske to lay the groundwork for a ...

Daniel Israel, the former president of Michigan-based Asphalt Specialists, got six months in prison for a multi-year bid ...