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.
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  • OPEC Readies Next Move

    Saudi Oil Minister Prince Abdulaziz bin Salman likes the idea of OPEC+ acting as the central bank of oil.
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  • Oil Demand is at Threat

    Oil demand is again at threat as a second wave of Covid-19 seems to be on the horizon.
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  • NOC 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.
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  • Oil 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.
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  • Oil 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.
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  • Oil Demand Could Get Boost from Metals Surge

    Check out this review of oil market hits and misses for the week ending July 10, 2020.
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  • IEA 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.
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  • What 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...
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  • Oil 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.
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  • Oil 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.
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  • Oil 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.
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  • US Energy Sec Heads to Texas

    The U.S. Secretary of Energy Dan Brouillette is travelling to Texas.
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  • 7 Killed in BRVS Explosion

    An explosion has occurred at the Gbetiokun field in OML 40, the Nigerian National Petroleum Corporation has confirmed.
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  • Oil Prices Finish Higher

    Oil's rally has hit a ceiling.
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  • EIA Raises Oil Price Forecasts Again

    The U.S. Energy Information Administration has raised its Brent and West Texas Intermediate oil price forecasts again.
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  • Oil 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.
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  • Oil Prices Edge Downward

    Crude futures in New York were unable rise above $41.
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  • One-Time Heart of Shale May Never Boom Again

    These days, the Bakken is looking like anything but a boom.
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  • Eni Says Pandemic is Reshaping Oil Industry

    Eni became the latest oil company to cut its long-term price assumptions.
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