Oil Industry Headlines

    Rigzone.com: Industry Headlines

    The latest oil and gas news from around the world.

  • Oil Posts Another Weekly Gain Despite Doubts About China Growth

    Futures in New York slid 2 percent Friday but notched a 13 percent increase for the week.
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  • Completions Death Spiral Slows Down

    Rigzone panelists highlight their perspectives on the top oil market hits and misses for the week ending May 22, 2020.
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  • Oil Takes Breather on China Economy Doubts

    "Great uncertainty" over the coronavirus has discouraged Beijing from setting an economic growth target.
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  • Big Jump Predicted for Nat Gas Prices

    Here are some of Rigzone's top stories during the last week, just in case you missed them…
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  • Trump Cautioned on Imposing Oil Tariffs

    A coalition of 23 free-market, small business and consumer groups is urging President Trump not to impose tariffs on imported crude oil.
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  • $2.7B Cut of West Africa Contracts Bound for Saipem

    Here is a recap of the most popular downstream-related articles this past week on Rigzone.
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  • Oil Sees Longest Streak of Gains in More Than a Year

    US supply data showed crude inventories fell for a second week after climbing steadily since January.
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  • Industry Bodies Partner on Inclusive Campaign

    UK industry bodies AXIS Network and Step Change in Safety are partnering to develop guidance for operators and the supply chain on inclusive offshore working practises.
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  • Oil Heads for 6th Daily Rise on US Stockpile Draws

    Oil was headed for its longest run of daily gains in 15 months.
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  • Oil Rises for Fifth Day

    The US Energy Information Administration showed oil inventories declined for the second week in a row.
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  • New Mexico Lease Sale Postponed

    The BLM had planned to offer 94 parcels on more than 45,000 acres in New Mexico and Texas.
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  • Oil Prices Surging After Plunging into Abyss

    For the world's most important commodity, there's never been a month like it.
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  • Oil Rally Stalls with Fed Warning Countering Cuts

    Oil steadied after a four day gain as investors weighed signs the market is rebalancing against what's still a precarious economic outlook.
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  • Oil Rises on Supply Cuts, Improving Demand Signals

    Output cuts by the world's largest producers are whittling down a supply glut while oil consumption is recovering.
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  • Veteran Iranian OPEC Governor Passes Away

    Iran's OPEC Governor Hossein Kazempour Ardebili has passed away.
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  • Repeat of Sub-Zero Oil Plunge Unlikely

    Oil's historic crash below zero looked increasingly like an aberration as the June contract rose for a fourth day in its last session of trading before expiring.
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  • Oil Posts Two-Month High

    Demand in the US is expected to pick up as more lockdowns end.
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  • Can US Shale Producers Innovate Themselves Out of Trouble?

    The shale industry was in trouble even when oil was priced at $30 a barrel.
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  • Union Launches Campaign to Protect North Sea Jobs

    Unite Scotland launches a campaign on Monday to protect offshore oil and gas jobs.
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  • The EU Major Upstream Co Best Placed for 2020 Storm

    The European major with the upstream business that is best placed to weather 2020 market volatility is Total SA, according to a new study by GlobalData.
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