Israel weighs options for Iran attack response as Biden warns Netanyahu U.S. won't support a counterattack
Israel's war Cabinet met on Sunday to discuss how to respond to Iran's...
Israel's war Cabinet met on Sunday to discuss how to respond to Iran's attack — but concluded the meeting without a decision.
Iran said its attacks against Israel — made in retaliation for the April 1 bombing of Iran's embassy in Syria — are now "concluded." Iran's attack, which saw more than 300 drones and missiles hurtle toward Israel, caused minimal damage, officials said.
U.S. oil drilling rig count steady after 8 weeks of hikes
U.S. energy firms this week cut the number of oil and...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fourth week in a row for the first time since September 2023, energy services firm Baker Hughes said in its closely followed report on April 12.
The total oil and gas rig count, an early indicator of future output, fell by three to 617in the week to April 12, the lowest since November. Baker Hughes said that puts the total rig count down 131, or 18%, below this time last year.
Oil rigsfell by two to 506this week, while gas rigsdecreased by one to 109, their lowest since January 2022.
The oil and gas rig count dropped about 20% in 2023 after rising by 33% in 2022 and 67% in 2021, due to a decline in oil and gas prices, higher labor and equipment costs from soaring inflation, and as companies focused on paying down debt and boosting shareholder returns instead of raising output.
What we know about Iran's attack on Israel | BBC News
Experts say Tehran does not want a broader war. But it is far from clear whether Iran or Israel will...
Experts say Tehran does not want a broader war. But it is far from clear whether Iran or Israel will choose to escalate a conflict that has become more direct and out of the shadows.
The founder of top 10 U.S. privately-held petroleum producer Petro-Hunt...
The founder of top 10 U.S. privately-held petroleum producer Petro-Hunt LLC,William Herbert Hunt, passed away on April 9. He was 95.
A son of East Texas oil wildcatter H.L. Hunt, he grew his Dallas-brd Petro-Hunt to operations globally and across the U.S., including in the Permian, Williston and Powder River basins and in the Eagle Ford Shale.
Domestically and globally, Petro-Hunt was instrumental in some of the largest oil discoveries in the world. In 1961, Hunt and his brother Nelson Bunker Hunt discovered the Sarir Field in Libya, one of the largest oil fields onshore Africa.
Later, the family opened the North Sea with Placid Oil’s discovery in the 1970s on Block L 10/11.
Benchmark U.S. crude oil for May delivery rose 64 centsto $85.66 per barrel Friday. Brent crude for June delivery rose 71 cents to $90.45 per barrel.
Wholesale gasoline for May delivery rose 3 cents to $2.80 a gallon. May heating oilrose 3 centsto $2.69 a gallon. May natural gasrose 1 cent to $1.77 per 1,000 cubic feet.