The U.S. saw a sharp decline in support activities for mining in November, according to data released Friday from the U.S. Bureau of Labor Statistics.

Halliburton has confirmed job cuts in Duncan, Oklahoma, just days after closing a facility in El Reno, Oklahoma.

OPEC+ will adjust its output target and redistribute production cuts between its members under pressure from Saudi Arabia.

Solstad Offshore ASA has announced several contract awards this month already.

These two sources of energy are intrinsically linked, and together supply over 60 percent of U.S. and global energy.

Tony O'Reilly has stepped down from the position of chief executive officer of Providence Resources and resigned from the board with immediate effect.

Saudi Aramco raised $25.6 billion from the world's biggest initial public offering.

Oil sputtered as the OPEC+ coalition failed to pin down the details of an agreement to adjust its official output target even after six hours of talks in Vienna.

Brent crude oil futures showed a meager gain Thursday, and West Texas Intermediate (WTI) posted no gain at all.

The expansion comes with the closure of Energy Transfer's SemGroup acquisition.

OPEC reached an agreement that adjusts its official production targets, but removes few barrels from a market that's forecast to return to surplus early next year.

The production outlook for North American shale will remain robust in coming years, despite a potential drop in oil prices, according to Rystad Energy.

A seasonal increase in the number of US shale basin-based frac spreads has not materialized.

The fate of at least 15 oil tankers idling off the coast of China holds the key to determining the path of global freight rates.

Saudi Arabia is offering fellow OPEC+ members a quid pro quo - If you stop cheating, we'll curb production.

TGS has started onshore seismic acquisition for an additional Montney basin 3D project in Canada.

Fitch Solutions Macro Research has left its Brent crude price forecasts unchanged for the second time in a row.

Petrobras plans to pay its shareholders $34 billion in dividends over the next five years as it cuts debt and sells assets to shore up its finances.

Oil held its biggest surge in more than two months as signs of a potential U.S.-China deal and tightening American crude stockpiles bolstered prices ahead of the OPEC+ meeting.

OPEC member Iraq wants the cartel to raise existing production cuts.