The number of oil rigs in the US held steady during the ... An recent end to Assad's regime in Syria has stoked uncertainty in a Middle East that's been gripped by conflicts.

Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...

Rig demand is forecast to average 4,704 between 2025 and 2029, an increase of 18% on the previous five-year period. Global ...

Oil traders are making big moves in the Brent-Dubai spread, a contract that lets them bet on the price gap between Middle ...

Two brand new jack-up rigs are set to join the fleet of Adnoc Drilling, a subsidiary of state-owned giant Abu Dhabi National Oil Company, boosting its fleet to 142 rigs. High-specification jack-up ...

Countries like the UAE and Oman are developing local oil exchanges to push for more influence on global oil markets. The lack of variety and volume in Middle Eastern benchmarks, such as Dubai ...

The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices ...

Offshore drilling waste management specialist, TWMA Middle East Limited (TWMA*), has been announced as a finalist in the 2025 ...

With the oil market constantly changing, there could come a time when a Middle East blend might come to rival the international benchmark. This time, to be fair, is still quite far in the future ...