The total rig count rose to 761 this week 126 rigs higher than the rig count this time in 2022 and 314 rigs lower than the rig count at the beginning of 2019
After rebounding by some 5% earlier this week on China demand recovery optimism, crude oil prices have shed over 1% on Thursday, following U.S. inventory data showing increasing stockpiles
TotalEnergies is holding off on its investment in embattled Adani Group’s $50 billion hydrogen project, calling for clarity over the emergence of allegations against Adani
Brent crude is up 1.55% today, rising for the third day in a row following Federal Reserve Chairman Jerome Powell’s unexpectedly less hawkish statement on Tuesday, which appears to have given risk appetites a bit of a boost