Oil Industry Headlines

    Rigzone.com: Industry Headlines

    The latest oil and gas news from around the world.

  • Saudis Make Good on Oil Wave Promise

    The first wave of crude oil is already on its way toward Europe and the US.
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  • Putin, Trump Agree Sinking Oil Prices Not In Mutual Interest

    Vladimir Putin and Donald Trump agreed in a phone call Monday that "current oil prices aren't in the interests of our countries."
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  • Oil Set for Worst Ever Quarter

    Oil clawed back some losses as signs of a recovery in the Chinese economy bolstered hopes for a rebound in demand though prices are still headed for the worst quarter on record.
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  • Oil Tumbles to 18-Year Low

    While President Trump spoke with Vladimir Putin Monday to discuss the importance of stable energy markets, it did little to stanch the decline.
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  • Trump Plans Call With Putin to Discuss Falling Oil Prices

    President Donald Trump said he's calling Vladimir Putin on Monday to discuss the oil-price war and the coronavirus pandemic.
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  • US Energy Dominance Under Threat

    The United States' energy dominance is now under direct threat, according to six U.S. senators.
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  • Oil Down as Broken Market Drowns in Crude

    Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world's largest economies.
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  • What to Watch in the Oil Market This Week

    Rigzone panelists share what they will be looking for this week – and beyond.
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  • Oil Drops Fifth Straight Week

    Oil dipped amid a one-two punch from collapsing demand due to the coronavirus crisis and ballooning supply.
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  • Action-Packed Week Wraps Up for Oil Market

    Rigzone panelists weigh in on oil market hits and misses for the week ending March 27, 2020.
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  • Moody's Projects $50-Plus Oil in 2021

    Moody's Investor Service reported its WTI crude oil price assumptions for this year and next amid the sharp market downturn.
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  • Texas Rig Count Down 29 Week on Week

    The rig count in the Permian Basin during the period fell by 23.
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  • Evacuated FPSO Crew Member Tests Positive for COVID-19

    The FPSO Aoka Mizu is operating on the Lancaster field, west of the Shetland Islands. PHOTO SOURCE: Hurricane Energy plc
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  • Oil Industry Experts Say Shale Will Rise Again

    The comeback trail would be steep and long.
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  • Saudis Hold Firm, No Talks With Russia on Oil Output Cut

    The comments from the Saudi Energy Ministry dispelled speculation that Riyadh and Moscow may be seeking diplomatic talks.
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  • Thousands of Texans Already Being Laid Off

    Here are some of Rigzone's top stories during the last week, just in case you missed them...
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  • Canadian Crude Costs More to Ship than Buy

    Canadian heavy crude has become so cheap that the cost of shipping it to refineries exceeds the value of the oil itself.
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  • Murphy Oil CEO Has Presumptive Covid-19 Diagnosis

    Murphy Oil Corporation announced Thursday that its president and chief executive officer has, pending test results, a presumptive diagnosis of Covid-19.
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  • Oil Set to Eke Out Weekly Gain on Risk Rally

    Oil was buoyed by a wider risk rally driven by monetary and fiscal responses to the coronavirus to head for its first weekly gain in five.
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  • Oil Plunges After IEA Says Demand Is in Free Fall

    Futures in New York tumbled 7.7 percent in New York, dropping for the first time this week.
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