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

The number of oil and gas drilling rigs in the U.S. fell by 10 to 544, after rising for five out of the previous six weeks, Baker Hughes said Friday in its latest weekly report. In the shortened week ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in four weeks, with oil ...

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Biglari says it was falsely told the oil company's assets included a dormant drilling rig worth $8.4 million that Biglari ...

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.

The oil rig count in the US increased by 2 this week, oilfield services company Baker Hughes data showed Friday. The number of oil rigs, an indicator of short-term production in the country, rose to ...

An investigation has been launched after the death of a worker on an offshore installation in the North Sea. Lee Hulse passed ...

Fourth-graders at Charles Haskell Elementary have been learning all about oil. The students were assigned to build oil derricks using a certain amount of straws, paper clips and tape. The students ...

It’s impossible to know who the first person to discover oil on the banks of Oil Creek in Venango County was, because by the time settlers arrived, Native Americans had been collecting the substance ...