Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

The number of rigs drilling in inland waters was unchanged at 2. The number of rigs drilling for oil and the number of rigs drilling for gas changed only slightly week over week, gas adding one ...

Palaeontologists say that the footprints are so detailed that it is possible to see how the mud was deformed as it was “squelched” under the huge weight of the dinosaur feet. The footprints ...

If winter TV is about escapism then it’s hard to get any further away from reality than The Rig (Amazon Prime Video). Series one was set on a North Sea oil platform but soon spiralled even ...

This week, Prime Video unleashes the latest chilling instalments from The Rig, as it sets sail on a brand ... whisked from the debris of their Scottish oil platform for more eerie research.

NEW YORK, Jan 2 (Reuters) - Oil prices settled up by more than $1 a barrel on Thursday as investors returned for the first trading day of 2025 with an optimistic eye on China's economy and fuel ...

The Rig is returning, and the Kinloch Bravo team’s nightmare is far from over after the events of season 1. Initially set on an oil rig off the coast of Scotland, The Rig got off to a strange ...

Childhood memories of towering oil rigs being built in the Cromarty Firth inspired the writer David Macpherson to dream up a North Sea-set supernatural thriller from his flat in the seaside town ...

HOUSTON, Dec 31 (Reuters) - Oil prices fell around 3% in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and the U.S. and other ...

Russia's average daily production of crude oil in 2024 slumped to its lowest level in nearly two decades, according to the latest figures, which reportedly show the impact of Ukrainian drone ...

The total U.S. rig count is made up of 483 oil rigs, 102 gas rigs, and four miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 527 horizontal rigs ...