News

President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil ...
OPEC cut forecasts for global oil demand growth this year and next as President Donald Trump’s tariff onslaught takes a toll ...
The total number of active drilling rigs for oil and gas in the United States rose this week following the recent price slide ...
For African countries with hydrocarbon resources, a high rig count, the number of active drilling rigs operating for oil and gas, can be a potent indicator of development and opportunity. ・Business ...
Crude oil futures are down about 13% since President Donald Trump announced his sweeping tariff plan on April 2.
OPEC has revised its global oil demand growth forecast for 2025, citing escalating trade tensions and weaker-than-expected economic indicators. The cartel now anticipates a demand increase of 1.3 ...
The Organization of the Petroleum Exporting Countries reduced its oil-demand outlook for this year and next, citing the ...
The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after a surprise ...
New schedule for 8 members to make compensation output cuts Plan represents monthly cuts of 196,000 bpd to 520,000 bpd Iraq is making effort to comply, source says Cuts scheduled to last until ...
The Organization of the Petroleum Exporting Countries (OPEC) on April 14 trimmed its 2025 forecast for global oil demand growth, citing slower first-quarter trends and fresh US trade tariffs.
OPEC Output Hikes, Trade Wars Have US Oil Producers ... drill' when prices were lower," he added. The U.S. oil rig count stood at 506 at the end of March, down by 382 rigs since 2018, which ...
OPEC cut forecasts for global oil demand growth slightly this year and next as President Donald Trump’s tariff onslaught takes a toll on consumption, while remaining more bullish than other ...