The number of oil rigs in the US decreased by one during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil dropped to 486, while gas ...

The tightened U.S. sanctions on Iranian oil flows under the Trump Administration’s renewed maximum pressure campaign have created chaos in Iran’s oil exports to its single biggest buyer ...

Crude has carryover support from last Thursday when Treasury Secretary Bessent said the US is willing to "shut down" Iran's oil sector ... Friday that active US oil rigs in the week ending ...

Crude has carryover support from last Thursday when Treasury Secretary Bessent said the US is willing to "shut down" Iran's oil sector ... Friday that active US oil rigs in the week ending ...

Trump has vowed to restore a "maximum pressure" campaign to isolate Iran from the global economy and drive its oil exports to zero, in order to stop the country from obtaining a nuclear weapon.

Oil prices climb 2% to five-week high on Russia, Iran supply worries Oil prices climbed ... US drillers cut oil and gas rigs for first time in three weeks, Baker Hughes says U.S. energy firms ...