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World 09 Jan 2021 | 6:54 AM

Number of active U.S. drilling rigs increases this week

HOUSTON, Jan. 8 (Xinhua) -- The number of active drilling rigs in the United States increased by nine to 360 rigs this week, down by 421 year on year, according to the weekly data released Friday by Houston-based oilfield services company Baker Hughes.

World 09 Jan 2021 | 5:31 AM

Oil prices rise, notching solid weekly gains

NEW YORK, Jan. 8 (Xinhua) -- Oil prices moved higher on Friday, logging pronounced gains for the week.

World 09 Jan 2021 | 3:59 AM

WTI crude futures settle higher

NEW YORK, Jan. 8 (Xinhua) -- U.S. oil prices rose on Friday.

World 08 Jan 2021 | 5:20 AM

Oil prices gain amid Saudi output cut, U.S. inventory draw

NEW YORK, Jan. 7 (Xinhua) -- Oil prices climbed on Thursday as Saudi Arabia's surprisingly strong voluntary production cut and a pronounced inventory reduction in the United States continued to lend a support.

World 08 Jan 2021 | 4:04 AM

Iran's income from oil exports less than 20 bln USD in 2020: official

TEHRAN, Jan. 7 (Xinhua) -- The governor of the Central Bank of Iran (CBI) said Thursday that Iran's income from crude exports was less than 20 billion U.S. dollars in 2020, Press TV reported.

World 08 Jan 2021 | 4:01 AM

WTI crude futures settle higher

NEW YORK, Jan. 7 (Xinhua) -- U.S. oil prices rose on Thursday.