Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, Baker Hughes said in its latest weekly report.

The real-time price of Brent crude oil is at $74.56 per barrel, and the price of WTI crude oil is at $70.88 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...