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Oil Prices Recover Some Losses After Omicron Drove Demand Fears

U.S. crude prices finished the week above Thursday lows, while Brent crude, the global benchmark, rose 0.3% to $69.88 Friday.

. | December 6, 2021 ....

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News Highlights: Top Energy News of the Day

News Highlights: Top Energy News of the Day
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Permian Oil Rig Tally Rises After Falling for 2 Weeks Straight

Baker Hughes' (BKR) data show that the count of oil and gas rigs in the United States has increased for two consecutive weeks. ....

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News Highlights: Top Energy News of the Day

News Highlights: Top Energy News of the Day
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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Dow Jones
Oil prices decline, with U.S. prices losing more than 3% for the week
Oil futures end lower on Friday, with concerns about growing supply and weakening appetite for energy, as global cases of COVID rise abroad, prompting prices to post a loss for the week.
U.S. Oil-Rig Count Flat in Latest Week, Baker Hughes Says
The number of rigs drilling for oil in the U.S. was flat in the latest week at 337, according to oil-field services company Baker Hughes.
Iran Releases South Korean Oil Tanker Seized Over Frozen Funds
Banks in South Korea blocked several billion dollars in 2019 to comply with U.S. sanctions restricting financial transactions with Iran. ....

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