Oil Industry Headlines
Rigzone.com: Industry Headlines
The latest oil and gas news from around the world.
Oil Prices Fall Amid OPEC+ Easing Expectations
Expectations are that the cartel will begin unwinding historic supply curbs as planned in August.
Read moreOPEC Readies Next Move
Saudi Oil Minister Prince Abdulaziz bin Salman likes the idea of OPEC+ acting as the central bank of oil.
Read moreOil Demand is at Threat
Oil demand is again at threat as a second wave of Covid-19 seems to be on the horizon.
Read moreNOC Redeclares Force Majeure on All Libya Exports
Libya's National Oil Corporation has been forced to redeclare force majeure on all oil exports from the country.
Read moreOil Down on Signs OPEC+ Will Increase Output
Oil edged lower ahead of an OPEC+ meeting this week at which the group may announce plans to start tapering historic production cuts.
Read moreOil Prices Up Amid Virus Treatment News
Oil rebounded as a new virus treatment showed promising results, but rising Covid-19 cases continued to weigh on the market.
Read moreOil Demand Could Get Boost from Metals Surge
Check out this review of oil market hits and misses for the week ending July 10, 2020.
Read moreIEA Warns Oil Demand Recovery at Risk
The International Energy Agency bolstered its outlook for global oil demand, but warned that the recovery could be derailed by the resurgence of coronavirus.
Read moreWhat Happens to Oil in a 2nd Covid Wave?
Here are some of Rigzone's top stories during the last week, just in case you missed them...
Read moreOil Drops as Virus Surge Clouds Outlook
Oil in New York is heading for a weekly decline as surging coronavirus cases raised fresh concerns about demand.
Read moreOil Prices Fall As US Layoffs Loom
Oil tumbled to the lowest level in more than a week as a resurgence in coronavirus cases and impending US layoffs darken the economic outlook.
Read moreOil Stuck with Gains Capped by Rising Stockpiles
Oil was anchored near $41 a barrel in New York with swelling U.S. crude stockpiles raising fresh concerns about supply.
Read moreUS Energy Sec Heads to Texas
The U.S. Secretary of Energy Dan Brouillette is travelling to Texas.
Read more7 Killed in BRVS Explosion
An explosion has occurred at the Gbetiokun field in OML 40, the Nigerian National Petroleum Corporation has confirmed.
Read moreOil Prices Finish Higher
Oil's rally has hit a ceiling.
Read moreEIA Raises Oil Price Forecasts Again
The U.S. Energy Information Administration has raised its Brent and West Texas Intermediate oil price forecasts again.
Read moreOil Stuck With Signs US Crude Stockpiles Swelled
Oil was anchored below $41 a barrel with an industry report signaling a surprise gain in U.S. crude stockpiles.
Read moreOil Prices Edge Downward
Crude futures in New York were unable rise above $41.
Read moreOne-Time Heart of Shale May Never Boom Again
These days, the Bakken is looking like anything but a boom.
Read moreEni Says Pandemic is Reshaping Oil Industry
Eni became the latest oil company to cut its long-term price assumptions.
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