CNBCBaker Hughes US oil rig count rises by 5CNBCCrude prices extended losses after Baker Hughes reported another drop in its U.S. oil rig count. The number of rigs exploring for oil in U.S. oilfields fell by 5 to a total of 664. Future were down on Friday …

Wall Street JournalU.S. Oil-Rig Count Increases to 659 in Latest Week - WSJWall Street JournalThe number of U.S. oil-drilling rigs, which is a proxy for activity in the oil industry, had fallen sharply since oil prices headed south last year. They had drop …

CNBCOil rout may be worse for drillers than you thinkCNBCUpstream oil companies had been on track to get a boost to their balance sheets as crude prices regained ground in the first quarter and stabilized in the second. But with banks set to reassess the o …

CNBCUS crude nudges lower on refined products buildCNBCThe total number of rigs exploring for oil in the United States fell by three last week to a total of 628. Drillers were operating 930 rigs in U.S. oilfields at this time last year. Brent crude for Aug …

Trinidad Drilling acquires CanElson to set stage for oil-price recoveryThe Globe and MailThe Calgary-based companies had previously cut staff and lowered salaries as their oil producer customers chopped spending, leaving more than half their drilling capac …

BBC NewsWhat will Opec do about the oil supply?BBC NewsWith oil prices down some 40% in a year, the oil ministers of the Organization of the Petroleum Exporting Countries (Opec) are once again getting together in Vienna this week to decide whether to cut o …

CNBC5 oil stocks to buy ahead of key dataCNBCU.S. benchmark West Texas Intermediate crude oil—battered to a 34 percent loss in the last year—settled up nearly 2 percent Tuesday at its highest level since December. Still, data in recent weeks suggest the oi …

Decline of North Sea Oil Fields Forces Political Shifts in BritainNew York TimesThe British government, which has long treated the oil industry as a cash cow, was forced to confront the threat to jobs and taxes during the run-up to last year's referend …

DeadlineNew ABC Drama 'Oil' Recasts 2 RolesDeadlineAdd Sunday drama Oil to the list of newly picked up ABC/ABC Studios drama series that will be undergoing recasting. Oil, toplned by Don Johnson and Chace Crawford, examines the biggest oil discover …

Business InsiderThe next fracking boom could be in Saudi ArabiaCNBCThe key to an energy boom is simple: Build a technology to get at the oil and gas that geologists already know is trapped in various subterranean, or subsea, formations. The fracking boom i …