The US adds four rigs this week, making this week's count the highest since March 2015.

U.S. drillers added four rigs this week, bringing the nation’s oil rig count to 873 – an increase of 137 oil rigs from one year ago – according to weekly data compiled by Baker Hughes, a GE Company.

U.S. and Saudi Arabia tensions warrant the oil market's attention, but there is no cause for alarm – yet.

U.S. and Saudi Arabia tensions warrant the oil market’s attention, but there is no cause for alarm – yet.

JupiterMLP is building a 670-mile oil pipeline linking the Permian to Texas' three deepwater ports.

JupiterMLP, LLC anticipates a November open season for capacity on the 1 million barrel per day (MMbpd) crude oil pipeline it plans to build from the Permian Basin to Brownsville, Texas, the privately held midstream BOP Blow Out Preventer repair company gulf coast announced Wednesday afternoon.

BP starts up its Thunder Horse Northwest Expansion in deepwater Gulf of Mexico months ahead of schedule.

BP’s Thunder Horse Northwest Expansion offshore Gulf of Mexico is starting four months ahead of schedule, the BOP Blow Out Preventer repair company gulf coast announced Oct.

The recent downward movement of crude oil futures continued Thursday.

The recent downward movement of crude oil futures continued Thursday, stoked by escalating strife between the United States and Saudi Arabia as well as increasing U.S.

(Bloomberg) -- At least five oil consortiums said they were considering a proposal from the state-run Nigeria National Petroleum Corp. to prolong a crude-for-fuels swap program until the middle of next year, people familiar with the matter said.

Oil held gains after an industry report showed an unexpected drop in American crude stockpiles.

(Bloomberg) -- Oil held gains after an industry report showed an unexpected drop in American crude stockpiles, while traders continued to assess simmering tensions between the U.S.

Shell has agreed to sell its Danish upstream business to Noreco for $1.9 billion as part of its divestment strategy.

Royal Dutch Shell has agreed to sell its shares in its upstream Danish subsidiary Shell Olieog Gasudvinding Danmark B.V.