The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total rig count in the US fell by 1 rig, landing at 539, according to Baker Hughes, down 49 from this same time last year. The...Continue Reading

New Rival Bid Emerges in Fight for Citgo’s Parent Company | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Aug 08, 2025, 11:30 AM CDT A surprise bidder has entered the high-stakes...Continue Reading

Trump to Host Armenia-Azerbaijan Peace Signing at White House | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Aug 08, 2025, 11:00 AM CDT A US-brokered peace...Continue Reading

NASA Wants To Put a Nuclear Reactor on the Moon | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Aug 08, 2025, 10:30 AM CDT NASA is accelerating plans to set up a nuclear reactor to the Moon by the end...Continue Reading

Trump-Putin Talks Put Oil Markets on Edge | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Aug 08, 2025, 10:00 AM CDT The anticipated Trump-Putin meeting has become the dominant storyline in commodity markets this...Continue Reading

Crude’s Disconnect – What It Means and How to Trade It | OilPrice.com Premium Content By Editorial Dept – Aug 08, 2025, 9:30 AM CDT This past week, energy markets behaved in what many people view as an unusual manner. As crude oil futures exhibited one of the largest weekly declines in a while, natural...Continue Reading

Environmentalists Raise Alarm Over Argentina’s Massive Oil Export Ambitions | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 08, 2025, 9:30 AM CDT Argentina’s plans to become a major energy exporter are going through a unique area in Patagonia, home to an endangered whale species...Continue Reading

Numbers Report – August 08, 2025 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig into some data and provide a bit of explanation on what drives the numbers. Let’s...Continue Reading

Major international oil and gas companies have scaled back or quit operations in Colombia’s offshore exploration and production areas, as the country’s leftist president has imposed stricter rules and exploration drilling failed to live up to expectations.   Since leftist President Gustavo Petro took office in 2022, the barriers to oil industry investors have increased with...Continue Reading

OPEC+ Output Hike and Trade Frictions Send Oil Prices Tumbling | OilPrice.com Premium Content By Editorial Dept – Aug 08, 2025, 8:30 AM CDT Light crude oil futures posted steep losses this week, with prices sliding over 5% to settle near $63.85. The sharp selloff was fueled by a wave of bearish fundamental developments—including an...Continue Reading