Oil prices are going to drive profits for the sector, specifically in North America.

The price of oil briefly hit $126 — its highest price in years. Brent crude oil surged overnight on Thursday, April 30 to ...

The last time crude prices saw a major surge was at $130 a barrel on March 9, 2022, due to the escalation of the Russia-Ukraine war.

Benchmark US oil contract, West Texas Intermediate, for delivery in the same month, gained 4.85 percent to reach $104.78, ...

Why are oil and European gas prices up again, and will Brent crude futures and U.S. West Texas Intermediate continue to rise ...

The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 241 rigs active in the region. A year ago, 287 rigs were active in the region. Nationally ...

Oil prices climb sharply as US-Iran deadlock deepens, raising global supply fears and renewed market volatility worldwide.

Global energy markets continue to reel from the ongoing disruption in the Strait of Hormuz. The price of oil is sitting ...

Oil futures climbed on Tuesday, with Brent crude reaching above $110, after reports that President Donald Trump is unhappy with Iran’s offer to end the war. The West Texas Intermediate, the U.S.