Oil prices fell on Monday as increased drilling in the United States pointed to more output, raising concerns about a return of oversupply. U.S. West Texas Intermediate (WTI) crude ... Read More
Oil prices recovered ground on Monday following last week’s big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although ... Read More
When oil price bottomed around $27 per barrel last year in February, many predicted a major reversal and the dark days for producers to be over. Yet, more than ... Read More
Permian Basin oil rigs rise by 5, Eagle Ford adds 4 rigs U.S. oil producers bring back rigs for sixth consecutive week U.S. oil drillers added rigs for the ... Read More
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