Oil Industry Headlines

    Rigzone.com: Industry Headlines

    The latest oil and gas news from around the world.

  • Light Crude Ends Week Above $41

    Saudi Arabia's warning to OPEC+ cheaters and short-sellers alike helped oil prices stage their biggest weekly rally since June.
    Read more
  • Hedge Fund That Profited from Oil Crash Eyes Biden Win

    A hedge fund betting on the decline of fossil fuels has made a 25% gain this year after oil's historic crash sent energy stocks plummeting.
    Read more
  • Permian in for Bright Future and More

    Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...
    Read more
  • Arctic Energy Office Reestablished

    The U.S. Department of Energy has announced the reestablishment of its Arctic Energy Office.
    Read more
  • Oil Set for Best Week Since June

    Oil is poised for its biggest weekly advance since early June with Saudi Arabia ratcheting up the pressure on OPEC+ members to adhere to the group's production cuts amid signs demand is faltering.
    Read more
  • Oil Prices Get Boost from Saudi Call for Compliance

    Oil posted its largest three-day advance since May.
    Read more
  • Oil Drops With Strong Dollar

    Oil dropped below $40 a barrel with a stronger dollar after the biggest surge since June.
    Read more
  • OGTC Roadmaps Critical Tech for Integrated Net Zero

    The Oil & Gas Technology Center has released a new report roadmapping the critical technologies needed to deliver an integrated net-zero energy system on the UK Continental Shelf.
    Read more
  • Light Crude Surges Nearly 5%

    Oil jumped the most since early June.
    Read more
  • IEA Revises Oil Demand Forecasts

    Oil demand in 2020 will decline by 8.4 million barrels per day, according to the International Energy Agency's latest oil market report.
    Read more
  • Oil Up On Weaker Dollar And Declining Stockpiles

    Oil extended gains, buoyed by a weaker dollar and a surprise drop in U.S. crude stockpiles.
    Read more
  • Oil Prices Recover on Positive Economic Data

    Economic data from China to the US fueled optimism that factories are getting back to work.
    Read more
  • China Oil Appetite Probably Bigger Than It Looks

    A surge in Chinese buying of blending fuels this year means oil demand in the world's biggest importer is likely bigger than the official figures indicate.
    Read more
  • OPEC Hits 60

    Following its creation at the Baghdad Conference back in September 1960, the Organization of the Petroleum Exporting Countries has now turned 60 years old.
    Read more
  • Oil Anchored with Stockpiles Forecasted to Grow

    Oil was steady before U.S. government data that's forecast to show crude inventories expanded for a second week, raising concerns the demand recovery is faltering.
    Read more
  • Oil Prices Finish Lower

    Some of the world's largest oil suppliers are painting a bleak picture for crude demand.
    Read more
  • Big Bank Makes Bullish Oil Prediction

    Citigroup Inc. has a message to cheer up despairing oil bulls.
    Read more
  • BP Says Oil Demand Growth Era Over

    BP says the relentless growth of oil demand is over.
    Read more
  • Oilfield Services Poised for Transformation

    Here is a preview of what to watch this week in the oil and gas markets.
    Read more
  • Oil Steadies Ahead of OPEC+ Meeting

    Oil was steady ahead of an OPEC+ meeting this week that will assess the group's production cuts as the recovery from virus-driven demand destruction falters.
    Read more