On crowded platforms perched above the icy waters of Cook Inlet, a small army labors to keep up the extraction of fossil fuels.

U.S. West Texas Intermediate crude finished at $72.98 a barrel, up $4.94, or 7.62%. During the session, WTI jumped over 14% ...

Oil gains of up to 14 per cent were largest intraday move since 2022 Iran’s nuclear facility in Natanz damaged in Israeli ...

The number of total oil and gas drilling rigs in the US fell for the seventh consecutive week, down by 4 to 555 to the lowest count since November 2021, Baker Hughes reported.

The number of rigs drilling for crude oil fell by three to 439 rigs, the lowest level since October 2021 and down 49 rigs or 10% from 488 the previous June. The number of rigs drilling for natural gas ...

The United States and its allies, in coordination with the IEA, last tapped emergency oil stocks in early 2022 after the ...