A MAN who bought an abandoned oil rig lifeboat with the goal of turning it into his dream home has showed off the epic ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...

The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year.

Crude oil futures are experiencing volatility, Li Xing, Financial Markets Strategist Consultant to Exness, highlighted.

Italy's coastguard said Wednesday it had evacuated 26 people after a fire broke out on an oil platform in the Adriatic Sea, but no injuries or pollution have been reported.