By Julianne Geiger – Sep 05, 2025, 12:13 PM CDT The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count in the US rose to 537, according to Baker Hughes, down 45 from […]
Oil Rig Count Rises Amid Slide in Oil Prices Read More »
Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Aug 29, 2025, 10:00 AM CDT Oil prices fell on Friday due to expectations of lower demand in the U.S. Friday, August 29, 2025 Oil prices are headed
Oil Set For Another Weekly Gain Read More »
Oil drilling rigs Oil prices held firm on Friday after rising by more than 1% on Aug. 21, and are on track to end two-week losses as hopes for an immediate peace deal between Russia and Ukraine receded. Brent crude futures for October delivery were unchanged at $67.64 a barrel as of 07:56 am KSA
Oil prices flat but set for weekly rise Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Aug 20, 2025, 8:00 PM CDT Brent swung between $65–$67/bbl as Trump–Putin–Zelenskyy diplomacy lifted odds of sanction relief. Russia is already near capacity, leaving little spare to flood markets. Lifting the price
StanChart: Limited Russian Supply Cushion Even if Sanctions Ease Read More »
Updated 18 August 2025 at 14:58 IST * US adviser says if India wants to be a US strategic partner, it has to act like one * Trump-Putin meeting yielded no deal on Ukraine war * Outline emerges of Putin’s offer to end his Ukraine war * Follow : Oil | Image: Republic US
UPDATE 3-Oil prices climb after US adviser says India’s Russian crude buying has to stop Read More »
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $62.81 per barrel, up from Friday’s close at $62.72. Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $65.86. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on
Crude Oil price today: WTI price bullish at European opening Read More »
Oil drilling rigs Oil prices ended Friday up but posted a weekly loss amid uncertainty over the global economic outlook following the implementation of new U.S. tariffs and as markets awaited a potential meeting between the US and Russian presidents. Brent crude futures for October delivery increased by 0.24%, or $0.16, to $66.59 a barrel,
Brent closes higher, loses over 4% this week Read More »
Oil continues to be a major contributor to the economies of many African countries, playing a crucial role in their economic stability and growth. In 2025, the African oil market remains dynamic, with some countries showing impressive production figures. As oil prices and demand fluctuate, these nations continue to lead in production, providing valuable insights
Top 5 African Countries Leading Oil Production in 2025 Read More »
Osama Rizvi Osama Rizvi is an Economic and Energy Analyst with a special focus on commodities, macroeconomy, geopolitics, and climate change. He has written for various print… More Info Premium Content By Osama Rizvi – Aug 02, 2025, 11:03 AM CDT Asia’s oil demand is growing faster than major agencies forecast, led by India and
The Hidden Signals in Oil Markets Read More »
Exxon Mobil’s profit dropped in the second quarter to the lowest level in four years as oil prices declined amid an increase in production by OPEC+, but the results still managed to beat Wall Street’s expectations By MICHELLE CHAPMAN AP business writer NEW YORK — Exxon Mobil’s second-quarter profit dropped to the lowest level in
