The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 306 rigs active in the region. A year ago, 322 rigs were active in the region.

WTI futures rose by 1.62% to $69.14/bbl, as of 9 a.m. ET. West Texas Intermediate prices have drifted lower in 2024, but prices are down 2.88% over the past three years. WTI crude fell to its 52-week ...

Brent crude futures lost 26 cents, or 0.3%, to $71.71 a barrel by 1:30 p.m. EDT . U.S. West Texas Intermediate crude shed 31 cents, or 0.3%, to $68.66. Both benchmarks rose by more than $1 a barrel ...

WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...

Oil futures settled Friday with a loss for the session but an overall gain for the week, as traders weighed storm disruptions to output in the Gulf of Mexico ag ...

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Stocks wrapped up the week with gains, with the Nasdaq and S&P 500 marking their best weeks since November 2023 ...

The Nymex RBOB contract was up by more than 2cts, retreating from morning gains of nearly 5cts. The October RBOB contract was 1.98cts higher at $1.9468/gal, and the November contract was trading ...

Oil prices rose over 2% on Thursday as producers assessed the impact on output in the U.S. Gulf of Mexico after Hurricane ...

Oil prices rose on Friday, extending a rally sparked by output disruptions in the U.S. Gulf of Mexico, where Hurricane ...

Brent crude futures rose by 34 cents, or 0.5%, to $72.31 per barrel by 0016 GMT. U.S. West Texas Intermediate crude futures ...