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US 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 ...
- 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 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 down on stronger greenback, rising US rig countUS West Texas Intermediate (WTI) crude futures fell 30 cents, or 0.4%, to $71.67 a barrel at 0059 GMT, after declining by 64 cents on Frida...
- 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 ...
- Oil prices fall on rising US rig count, economic slowdownBeyond oil supply, a key question for this year will be demand-growth.
- Brent oil rises back above $80 as Iran sanctions loomWTI crude futures were at $69.60 a barrel, up 48 cents, or 0.7 per cent.
- Oil prices drop on OPEC's output deal, but markets to stay tightDutch bank ING said "the 1 million bpd increase announced gives us confidence in our view for lower prices."
- Crude oil tug of war on, US rig count may spoil partyOil prices to remain choppy this week and the dollar will likely provide near-term triggers.
- Crude oil outlook positive, but prices seen capped at $62Expect $53-55 a barrel to act as a strong base for crude oil prices in the coming months.
- Guar farmers cheer oil rig rise in North AmericaRise in oil rig count in N America has pushed up guar seed and guar gum prices in past 3 months; crude price rise is also boosting the dema...
- Crude oil awaits full compliance of the Opec deal as US shale oil puts pressureLooking ahead, rangebound action could continue for the time being. Global risk sentiment will drive prices in the short term as fundamenta...
- Oil prices rise on lower US rig count although China still worriesOil prices rose as the number of US rigs fell for a sixth straight week, while investors waited for Chinese trade data to be published late...
- Drilling giant Baker Hughes warns the pain from oil crash is far from overThe oilfield services company reported second quarter results on Tuesday morning, with an adjusted earnings per share loss of $0.14, in lin...
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