The number of active rigs targeting oil in the kingdom dropped to its lowest in more than two decades in July, according to Baker Hughes data. Image by champc via iStock The number of active oil rigs ...

Did you know that after the completion of the construction of one of the tallest buildings in the world - the Empire State Building - many people were afraid to get close to it? They believed that a ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...

The overall drilling rig count in North America is down 7 units to 717 the week ended Aug. 1, with drops in oil-directed rigs accounting for much of the decline. The overall drilling rig count in ...

Later today, oil services and technology company Baker Hughes will release its U.S. rig count, which is the tally of active oil rigs in the country. Since the spring, rig count has declined, reaching ...

The cost of shipping Middle East crude to customers in Asia collapsed on Thursday, the latest sign of oil markets returning to normal after conflict eased in the world’s top petroleum-exporting region ...

The rig count in North America ended the week unchanged at 693 rigs working, according to Baker Hughes data. The count is 61 units fewer than were drilling in North America this time last year. US oil ...