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.
Read moreCompletions Death Spiral Slows Down
Rigzone panelists highlight their perspectives on the top oil market hits and misses for the week ending May 22, 2020.
Read moreOil Takes Breather on China Economy Doubts
"Great uncertainty" over the coronavirus has discouraged Beijing from setting an economic growth target.
Read moreBig Jump Predicted for Nat Gas Prices
Here are some of Rigzone's top stories during the last week, just in case you missed them…
Read moreTrump 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.
Read more$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.
Read moreOil 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.
Read moreIndustry 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.
Read moreOil Heads for 6th Daily Rise on US Stockpile Draws
Oil was headed for its longest run of daily gains in 15 months.
Read moreOil Rises for Fifth Day
The US Energy Information Administration showed oil inventories declined for the second week in a row.
Read moreNew Mexico Lease Sale Postponed
The BLM had planned to offer 94 parcels on more than 45,000 acres in New Mexico and Texas.
Read moreOil Prices Surging After Plunging into Abyss
For the world's most important commodity, there's never been a month like it.
Read moreOil 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.
Read moreOil 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.
Read moreVeteran Iranian OPEC Governor Passes Away
Iran's OPEC Governor Hossein Kazempour Ardebili has passed away.
Read moreRepeat 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.
Read moreOil Posts Two-Month High
Demand in the US is expected to pick up as more lockdowns end.
Read moreCan US Shale Producers Innovate Themselves Out of Trouble?
The shale industry was in trouble even when oil was priced at $30 a barrel.
Read moreUnion Launches Campaign to Protect North Sea Jobs
Unite Scotland launches a campaign on Monday to protect offshore oil and gas jobs.
Read moreThe 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.
Read more