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 ...

Top US refiners are poised to seek alternative sources for heavy, sour crudes, including running more domestic grades, as they await clarity around US President Donald Trump's threatened tariffs on ...

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 ...

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