Oil prices moved up modestly Wednesday after Baker Hughes reported a big weekly drop in the number of active U.S. oil rigs.

Florida Gov. Ron DeSantis is pushing back against the Trump administration's plan to open up Florida's Gulf coast to oil ...

The total number of active drilling rigs for oil and gas in the United States fell sharply this week, according to new data that Baker Hughes published on Wednesday ahead of the Thanksgiving holiday.

Despite oil prices trading about $15/bbl below their 52-week highs, Big Oil firms—Exxon, Chevron, Shell, and ...

A plan to expand oil and gas drilling, including seven areas in the Gulf of America off Florida, has been released by the ...

RIG boosts its global presence with $89M in new contracts across Brazil, Norway and Romania, reinforcing demand for deepwater ...

U.S. oil and natural gas drilling activity has continued to decline even as production reaches record highs, the U.S. Energy ...

The price of crude oil is steadily declining, leading to the abandonment of oil rigs in Scotland and other countries. Massive ...

The U.S. Energy Information Administration reported on Monday that drilling activity in the U.S. has declined even though production is at record levels.

U.S. April oil production increased by 18 kb/d to 13,468 kb/d, a new high. The largest increase came from Texas, offset by a large drop in New Mexico. April’s production in the Big Two states ...

Oil futures fell to one-month lows as the Trump administration pressed Ukraine to accept a plan to end the war with Russia ...