Oil Prices Climb As Oil Rig Count DropsOilPrice.comThe number of active oil and gas rigs in the United States fell this week by 3 rigs as drillers in the United States proceed more cautiously as oil prices fail to sustain any significant increase. Combined …

Chron.comFive US oil-drilling rigs idledChron.comU.S. oil companies idled five oil-drilling rigs this week, and set up two natural gas-hunting rigs, Baker Hughes said Friday. The nation's total rig count dropped by three to 946, the fourth consecutive …

MarketWatchOil turns higher to pare weekly lossMarketWatch“This is a monster refinery—the second largest oil refinery in the United States,” said Phil Flynn, senior market analyst at Price Futures Group, adding that it has a capacity of 584,000 barrels a d …

New Congo Govt Eyes 25% Oil Output Boost By Next YearOilPrice.comThe prime minister and cabinet of Congo resigned on Thursday amid economic turmoil related to three years of low oil prices, according to reports emerging from the region, but the incoming go …

These Oil Giants Just Jumped Into A Brand New MarketOilPrice.comIn a sign that Mexico's energy reform continues to attract foreign companies, Chevron and Glencore have announced separate plans for jumping into the Mexican retail fuel market, joining ot …

ReutersOil dips, weekly drop exceeds two percent as glut worry lingersReutersNEW YORK (Reuters) - Oil prices edged lower on Friday, and were on track to close the week down 2 to 3 percent as investors continued to worry about the global crude glut. The wee …

ReutersOil jumps more than 2 percent as Wall Street up, dollar downReutersNEW YORK (Reuters) - Oil prices rose on Friday as the stock market strengthened and the U.S. dollar weakened, but U.S. crude futures remained on track to close the week down as inves …

The Single Biggest Bullish Catalyst For OilOilPrice.comBrent futures have recently begun to exhibit a state of backwardation, which is when near-term oil futures trade at a premium to contracts dated further off into the future. This is the first time in y …

ReutersOil dips despite steep draw in US crude stocksReutersNEW YORK (Reuters) - Oil prices fell on Wednesday even though U.S. crude stockpiles declined by the most in a year, as the government also reported that domestic crude production was edging higher …

BloombergSupply Risks Could Push Oil Prices Higher This WeekSeeking AlphaOil lost ground in the last few days on slipping OPEC compliance rates and fears of persistent oversupply. As oil prices dipped, analysts attributed the drop-off to the appreciating U …