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U.S. RIG COUNT
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...- South Korea to overhaul election process after ballot shortage shocks countrySouth Korea is set to reform its election system following ballot paper shortages during recent local polls. The incident sparked public an...
- Trump dismisses idea that Iran betrays his 'no new wars' campaign messagePresident Trump defended his stance on "no new wars," stating he never guaranteed it and that the conflict with Iran is not an "endless war...
- Donald Trump claims 2020 election 'rigged' at least 107 times in six months as midterms loomDonald Trump devotes near-daily attention to the issue, a Reuters review of his public events, interviews and online posts found, and his c...
- Trump officials tried to ban half of US voting machines, citing conspiracy theoriesA Trump administration plan aimed to ban Dominion voting machines. Officials considered declaring components national-security risks. This ...
- Trump's false claims about the 2020 election are casting a shadow over Georgia's GOP runoffsDonald Trump's persistent claims of a fraudulent 2020 election continue to dominate Georgia's Republican primaries, influencing candidates ...
- US soon to issue general license for oil production in Venezuela: ReportThe U.S. government is preparing to issue a general license this week, allowing companies to produce oil and gas in Venezuela. This move ai...
- Oil prices climb as US blocks Venezuelan tankers, eyes on Russia-Ukraine talksOil prices saw a slight uptick amid concerns over potential disruptions from a U.S. blockade of Venezuelan tankers. Markets are also keenly...
- Commodity Radar: After a 12% crash, is crude oil set for a steeper slide? 3 key indicators to watchOil prices show slight gains before the OPEC+ meeting. China's factory activity is expanding. OPEC+ may increase output by 411,000 barrels ...
- OPEC output hikes and trade wars have US oil producers wary of 'drill baby drill'Despite US President Trump's efforts to boost U.S. oil production, the industry faces potential output cuts and job losses. Increased OPEC ...
- Oil prices fall on supply glut fears despite OPEC+ output cut extensionOil prices dipped over 1% on Friday, solidifying weekly losses amid projections of a 2024 supply surplus due to weak demand. This occurred ...
- Oil prices inch up on Fed rate cut outlookOil prices rose slightly on Monday amid expectations of a U.S. interest rate cut, though gains were limited by resumed U.S. supply after Hu...
- Oil eases on resuming US output after storm, rising rig countAs U.S. Gulf Coast production and refining activity resumes, investors have opted to offload oil contracts going into the weekend, said Bob...
- Oil settles down on US jobs data, steepest weekly loss in 3 monthsBrent crude futures for July settled 71 cents lower, or 0.85%, to $82.96 a barrel. U.S. West Texas Intermediate crude for June fell 84 cent...
- Oil prices down on Gaza ceasefire talks, flat on the weekBrent futures for May delivery settled at $85.43, losing 35 cents. U.S. crude settled at $80.63 a barrel, falling 44 cents. Both benchmarks...
- Oil prices take a small loss in seesaw sessionThe market tumbled earlier in the session after a New York Federal Reserve Bank manufacturing survey showed a third month of declines in ne...
- Oil gains for third straight week on tight supply, China optimismSupply concerns continue to be a driving force for prices since Saudi Arabia and Russia this month announced an extension of their combined...
- Oil prices come off earlier gains as banks cut China growth forecastsGlobal oil prices fell on Monday due to concerns over China's faltering post-COVID recovery, which overshadowed last week's OPEC+ output cu...
- Oil drops for 2nd session on concerns over rising COVID-19 casesOil lost more ground on Monday as rapidly climbing cases of the Omicron COVID-19 variant hit economic activity, although losses were curbed...
- Escalating oil prices signal need for more outputGlobal petroleum stocks have fallen by almost 600 million barrels since May 2020, after rising by over 1.2 billion barrels in the previous ...
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