All the latest breaking news on oil prices. Browse ibtimes archives of photos, videos and articles on oil prices.

Oil rigs are critical for supplying the world with energy but working on a rig is not without its risks ... But if the divers come back up too quickly the rapid pressure release leads to ...

U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...

Upstream depends on being able to display ads on our services in order to finance our journalism.

One of the men took to social media to explain how they had set out from Libya and spent five days aboard a rubber dinghy before being shipwrecked at the rig in the Miskar oil and gas field ...

The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 304 rigs ...

Baker Hughes (BKR) reports that the U.S. rig count is down 1 from last week to 592 with oil rigs unchanged at 486, gas rigs down 1 to 101 and ...

Oil prices gain despite OPEC+ production increases, while natural gas futures surge due to cold weather and supply concerns.

Transocean (RIG), an international provider of offshore contract drilling services for oil and gas wells, looks to benefit from the US ...