The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. A year ago, 314 rigs were active in the region.

Oil prices fell 2% on Friday but were unchanged on the week as concerns about supply disruptions in Russia provided support while there was continued uncertainty about a potential peace deal in ...

The West Texas Intermediate for April delivery dropped 2.08 U.S. dollars, or 2.87 percent, to settle at 70.4 dollars a barrel on the New York Mercantile Exchange. Brent crude for April delivery ...

Oil prices fell on Friday but were still poised for a weekly gain on supply disruption in Russia while uncertainty looms over ...

Oil prices fell on Friday but were still poised for a weekly gain on supply disruption in Russia while uncertainty looms over a potential peace deal in Ukraine. Brent ...

The reference oil traded most frequently and of major significance for the USA is West Texas Intermediate (WTI), while the most important in Asia is Dubai Fateh. Other reference oil types include ...