233 years of rig contract backlog added in 2021 as Brent price climbs
Higher oil prices look set to drive sustained rig demand in 2022, according to new analysis.
Brent crude price
Top petroeconomist tips Brent to continue surge after crude oil hits three year high
Brent oil has been tipped to continue its upward trajectory after the crude benchmark hit its highest level in around three years.
Oil slides below $40 with supply disruptions subsiding
Oil accelerated losses with workers in the U.S. Gulf heading back following Hurricane Delta’s landfall and Libya taking a major step toward reopening its biggest field.
Opinion: OPEC meeting yields little change in policy
As expected, the OPEC meeting concluded in Vienna on 2 June without agreement on a production ceiling.
US summer gasoline prices set to be lowest since 2004
American drivers will pay the lowest average summer price in more than a decade this year for regular gasoline, according to Energy Information Administration forecasts.