Tag Archives: oil rigs count

Oil prices rose on Thursday, with Brent crude exceeding $105 a barrel for the first time since 2014 after a Russian attack on Ukraine raised fears of a war in Europe that could disrupt global energy supplies. Brent crude prices rose $8.24, or 8.5 percent, to $105.08 a barrel by …

Oil prices stabilized on Wednesday, below their highest levels since 2014, as US officials indicated that an escalation between Russia and Ukraine is unlikely to lead to sanctions on energy supplies from Russia, one of the world’s largest oil producers. Brent crude remained unchanged, reaching $96.84 a barrel, after hitting …

Oil prices fell on Wednesday from seven-year highs hit the previous day as it became clear that the first wave of US and European sanctions against Russia was unlikely to disrupt oil supplies. Brent crude fell 59 cents, or 0.6 percent, to $96.25 a barrel after hitting $99.50 on Tuesday, …

Oil prices jumped close to $100 a barrel on Tuesday after Moscow ordered troops into two breakaway regions in eastern Ukraine, but the market pared gains to close to its highest level since 2014 following efforts by Western countries to halt what they fear may be the start of a …

Oil prices jumped more than $2 on Tuesday amid fears of supply disruptions as tensions escalated between Russia and Ukraine after Moscow ordered troops into two breakaway regions in eastern Ukraine. Moscow’s move drew international condemnation, and US officials said Washington, in coordination with allies, was planning to announce new …

Oil prices rose slightly on Monday after fresh diplomatic efforts to resolve the Ukraine crisis brought relief to markets over supply concerns that kept oil prices close to $100 a barrel. Brent crude futures rose 25 cents, or 0.3 percent, to $93.79 a barrel at 1000 GMT. US West Texas …

Baker Hughes on Friday reported that the number of active US rigs drilling for oil was up by four to 520 this week. That followed a climb of 19 oil rigs the week before, Baker Hughes data show. The total active US rig count, which includes those drilling for natural …

Oil prices fell on Tuesday from a seven-year high to around $94 a barrel, after a report that some troops in Russian military areas adjacent to Ukraine had returned to their bases, in a move that would ease tensions between Moscow and the West. While large-scale exercises continue across the …

Oil prices stabilized on Monday, February 14, in volatile trading, after hitting their highest levels in more than seven years, on fears that a possible Russian invasion of Ukraine would lead to US and European sanctions that would disrupt exports from one of the world’s largest producers. Brent crude was …

Oil prices on Monday hit their highest level in more than seven years amid fears that a possible Russian invasion of Ukraine could trigger sanctions from the United States and Europe and disrupt energy exports from the world’s largest producer. Brent crude futures were at $56.95 a barrel by 0235 …