Oil prices saw their largest jump in over two weeks as US sanctions on Iranian crude and OPEC+ discussions to extend production cuts spurred market gains.
The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Wednesday, after falling in the week prior.
DNO ASA discovered oil in the Othello prospect in production license (PL) 1086 in the southern North Sea. Preliminary estimates indicate the size of the discovery is about 4-9 million std cu m of oil ...