Oil & Gas

U.S. oil prices on Thursday extended their sharp climb from the session before amid rising stock markets, but worries over a glut in crude supply and concerns over a faltering global economy kept a lid on gains.

U.S. Crude Oil Inventories Rose by 10.27M Barrels Last Week: EIA

U.S. energy firms this week increased the number of oil rigs operating for the first time this year but the rig count in January fell the most in a month since April 2016, as the boom in the Permian, the nation's biggest shale oil formation, cools.

U.S. energy firms this week increased the number of oil rigs operating for a second week in a row with crude futures up more than 40 percent so far this year.

U.S. Crude Oil Inventories Fell by 8.65M Barrels Last Week: EIA

Crude prices fell on Tuesday afternoon as the API reported the third crude oil build in three weeks

Source: www.usatoday.com Mining features among sectors where blue collar jobs made a comeback this year in the U.S., along with manufacturing and construction. While increased...

U.S. Crude Oil Inventories Fell by Most Since July Last Week: EIA

South Korea's purchases of U.S. oil and gas this year will hold to the rapid pace set in 2018, likely narrowing its trade surplus with the world's top economy further and bolstering its ties to Washington.

The EIA said on Oct. 31 that crude stocks rose 3.2 million barrels in the week to Oct. 26, less than analysts' expectations for a 4.1 million-barrel build.