Oil Industry Headlines

    Rigzone.com: Industry Headlines

    The latest oil and gas news from around the world.

  • Oil Prices Slide Again

    Oil slid by the most in three weeks as a stronger dollar and weak US economic data stoked concerns over an economic rebound.
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  • HAL Electric Frac First and More

    Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...
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  • US Targets CNOOC in Late Anti-China Push

    The Trump administration blacklisted China's third-biggest oil company over its drilling in the South China Sea.
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  • Oil Retreats as Stronger Dollar Dents Rally

    Oil declined from a 10-month high as the dollar strengthened, taking the steam out of a recent rally.
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  • Oil Futures Gain Amid $2T Stimulus Hopes

    Oil rose to a new 10-month high in New York.
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  • Equinor Bags Largest Ever US Offshore Wind Award

    Equinor (NYSE: EQNR) has been selected to provide New York State with offshore wind power in what is being described as one of the largest renewable energy procurements in the U.S. to date.
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  • Oil Pauses as Rising Fuel Supplies Threaten Rally

    Oil in New York was steady after a rally that pushed prices to the highest level in 10 months ran out of steam as a rise in U.S. fuel stockpiles added to concern over a shaky demand outlook.
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  • Oil Prices Falter Amid Fuel Build

    Oil's red-hot rally took a breather as a stronger dollar and rising refined products supplies offset shrinking US crude inventories.
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  • EIA Raises 2021 Oil Price Forecasts

    The U.S. Energy Information Administration has raised its Brent spot average and West Texas Intermediate spot average prices for 2021.
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  • Oil Poised for Longest Run of Gains in 2 Years

    Oil is poised for the longest winning streak in almost two years after an industry report pointing to another decrease in U.S. crude stockpiles added impetus to a new year rally driven by Saudi Arabian output cuts.
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  • Light Crude Ends Session Above $53

    Oil rose to a fresh 10-month high.
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  • Wall Street Is Bullish on Oil

    Commodity investors are back in full force, with record wagers that crops, metals and oil are set for a rally.
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  • Oil Hits 10-Month High as Dollar Drops

    Oil in New York climbed to a new 10-month high as the dollar declined, increasing the appeal of commodities priced in the currency.
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  • Oil Futures Contend with Stronger Greenback

    Oil closed little changed with a stronger US dollar and broader market selloff sapping momentum from a recent rally.
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  • Vaccine Rollout Snags Stifle Energy Demand Rebound

    Here are some trends to watch for this week in the oil and gas markets.
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  • Mexican Billionaire Bets on Oil Industry

    Carlos Slim and his family have accumulated stakes worth $230 million in oil refiner PBF Energy Inc. and pipeline operator PBF Logistics LP.
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  • US Labels Houthis Terrorists After Tanker Attacks

    The U.S. has classified Yemen's Houthis as a foreign terrorist organization following a series of attacks on oil tankers in the Red Sea.
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  • Saudis Single Handedly Help Brent Break $55

    Saudi Arabia single handedly helped Brent rise to a fresh new record and break the $55 per barrel mark, according to Rystad Energy's senior oil markets analyst Paola Rodriguez Masiu.
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  • Oil Rally Takes Breather as Dollar Strengthens

    Oil retreated as the dollar strengthened, with the steam coming out of a recent rally.
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  • Oil Prices Show Best Weekly Gain in Months

    Oil posted the biggest weekly gain since late September as Saudi Arabia’s plan to slice output spurred a surge in physical crude buying.
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