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Oil climbs and rig count rises

U.S. crude futures closed higher on Friday after bouncing back from six-and-a-half-year lows on recovering equities markets, strong U.S. economic growth and news of low…



Total sells North Sea assets for $907M

French oil major Total has agreed to sell some of its gas pipeline assets in the UK’s North Sea to North Sea Midstream Partners, an…







Here is oil's biggest problem and why

China’s economic slowdown is, and will continue to be, the oil market’s biggest problem moving forward, John Kilduff, founder of Again Capital, said Friday. “This…