U.S. energy firms cut the most oil and natural gas rigs in a week since February, energy services firm Baker Hughes Co said in its closely followed report on Friday.
Wage talks between Norwegian oil firms and two labour unions ended in a deal on Wednesday, industry and union officials said, averting the risk of strike action later this year.
Tens of thousands of people are descending on Omaha, Nebraska to attend the annual shareholder weekend for billionaire investor Warren Buffett's Berkshire Hathaway Inc .
U.S. oil and gas company APA Corp said it was ramping down lean gas drilling in the Permian Basin due to weak prices, trimming some $100 million off the 2023 budget, and that it would return to its Alpine High development there when the market improves.
U.S. shale producers EOG Resources Inc and Coterra Energy Inc beat first-quarter estimates on Thursday, joining their peers in benefiting from a sustained fuel demand and tight crude supplies.