Oil Industry Headlines

    Rigzone.com: Industry Headlines

    The latest oil and gas news from around the world.

  • 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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  • Oil Down as US Gasoline Stockpiles Seen Expanding

    Oil dropped before U.S. government data that's forecast to show gasoline stockpiles increased, while rising virus infections raised concern stricter controls will be extended.
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  • The Effects of a 2nd Covid Wave on Oil

    Oil demand in 2020 could lose an additional 2.5 million barrels per day in a second Covid-19 wave scenario.
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  • Saudis Raise Oil Pricing to US and Asia

    Saudi Arabia raised pricing for August oil shipments to the U.S. and Asia.
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  • Oil Group Responds to New Texas Covid Rules

    Texas Oil and Gas Association President Todd Staples has supported Texas Governor Greg Abbott's latest Covid-19 rules.
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  • Oil Up as Investors Weigh Supply Against Virus

    Oil edged higher in London to trade above $43 a barrel as investors weighed tightening crude supplies and robust U.S. economic data against surging coronavirus infections.
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