Industry Headlines News for Gulf of Mexico


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Oil Drops With Strong Dollar Share your comments
Thursday, September 17, 2020Oil dropped below $40 a barrel with a stronger dollar after the biggest surge since June.

Oil Prices Get Boost from Saudi Call for Compliance Share your comments
Thursday, September 17, 2020Oil posted its largest three-day advance since May.

Oil Up On Weaker Dollar And Declining Stockpiles Share your comments
Wednesday, September 16, 2020Oil extended gains, buoyed by a weaker dollar and a surprise drop in U.S. crude stockpiles.

IEA Revises Oil Demand Forecasts Share your comments
Wednesday, September 16, 2020Oil demand in 2020 will decline by 8.4 million barrels per day, according to the International Energy Agency's latest oil market report.

Light Crude Surges Nearly 5% Share your comments
Wednesday, September 16, 2020Oil jumped the most since early June.

Oil Anchored with Stockpiles Forecasted to Grow Share your comments
Tuesday, September 15, 2020Oil 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.

OPEC Hits 60 Share your comments
Tuesday, September 15, 2020Following its creation at the Baghdad Conference back in September 1960, the Organization of the Petroleum Exporting Countries has now turned 60 years old.

Oil Prices Recover on Positive Economic Data Share your comments
Tuesday, September 15, 2020Economic data from China to the US fueled optimism that factories are getting back to work.

Oil Steadies Ahead of OPEC+ Meeting Share your comments
Monday, September 14, 2020Oil 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.

Oilfield Services Poised for Transformation Share your comments
Monday, September 14, 2020Here is a preview of what to watch this week in the oil and gas markets.

BP Says Oil Demand Growth Era Over Share your comments
Monday, September 14, 2020BP says the relentless growth of oil demand is over.

Big Bank Makes Bullish Oil Prediction Share your comments
Monday, September 14, 2020Citigroup Inc. has a message to cheer up despairing oil bulls.

Oil Prices Finish Lower Share your comments
Monday, September 14, 2020Some of the world's largest oil suppliers are painting a bleak picture for crude demand.

Oil Sentiment Sours and More Share your comments
Saturday, September 12, 2020Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...

Oil Set for First Consecutive Weekly Loss for Months Share your comments
Friday, September 11, 2020Oil headed for its first back-to-back weekly losses since April's price rout.

Oil Loses Summertime Demand Bounce Share your comments
Friday, September 11, 2020Rigzone panelists offer their insights on the top oil and gas market hits and misses for the week ending Sept. 11, 2020.

Light Crude Edges Upward but Down for the Week Share your comments
Friday, September 11, 2020Oil posted its first back-to-back weekly loss since April's rout.

Oil Price Adjustment Was Overdue Share your comments
Thursday, September 10, 2020From a fundamental basis, the oil price adjustment was overdue.

EIA Raises 2020 Oil Price Forecasts Share your comments
Thursday, September 10, 2020The U.S. Energy Information Administration has raised its Brent and West Texas Intermediate oil price forecasts for 2020.

Oil Drops After US Stockpile Report Share your comments
Thursday, September 10, 2020Oil fell as industry data pointed to a rise in U.S. crude stockpiles.

Oil Prices Decline Again Share your comments
Thursday, September 10, 2020Oil resumed its trek downward after US government data showed growing domestic crude supplies and wavering gasoline demand.

Oil Drops After First Sub-$40 Close Since Mid-June Share your comments
Wednesday, September 09, 2020Oil edged lower after its biggest one-day drop in more than two months.

Oil Market Takes on More Bearish Tone Share your comments
Wednesday, September 09, 2020Six months after the coronavirus pandemic's initial punch, signs of a second wave are already emerging in the oil market.

Oil Prices Post Strong Rebound Share your comments
Wednesday, September 09, 2020Oil jumped the most since June alongside a rally in broader equities markets, boosted by expectations of US crude stockpiles extending their streak of declines.

Oil Down on Bleak Near-Term Demand Outlook Share your comments
Tuesday, September 08, 2020Oil extended losses after closing at the lowest level since June amid a worsening short-term demand outlook.

Oil Prices Tumble As Market Sentiment Wanes Share your comments
Tuesday, September 08, 2020Faltering demand and weaker equities are undermining market sentiment.

Energy Lenders Take Cue from Animated Classic Share your comments
Monday, September 07, 2020Rigzone panelists offer their views on what to watch in the oil and gas markets this week.

OPITO Supports Cross Sector Skills Transfer Share your comments
Monday, September 07, 2020Global energy industry skills body OPITO launches a new standard to support the transition of marine personnel into the oil and gas industry.

Oil Down After Saudi Price Cuts Share your comments
Monday, September 07, 2020Oil extended its retreat below $40 a barrel after Saudi Arabia cut pricing for October crude sales as the summer driving season winds down with many countries still struggling to control the coronavirus.

Oil Market Sentiment Turns Sour Share your comments
Monday, September 07, 2020The oil market sentiment has turned sour, according to Rystad Energy.

Shale Hits Turning Point and More Share your comments
Saturday, September 05, 2020Here are some more of Rigzone's top upstream stories during the last week, just in case you missed them...

Russia Sees Oil Above $50 in 2021 Share your comments
Saturday, September 05, 2020Russia's energy minister warned against letting them rise too fast.

Oil Set for Weekly Loss on Strong Dollar Share your comments
Friday, September 04, 2020Oil in New York is poised for the biggest weekly decline since early June.

Oil Rally Expectations Deflate Despite Storage Draw Share your comments
Friday, September 04, 2020Check out this review of oil market hits and misses for the week ending Sept. 4, 2020.

Light Crude Settles Below $40 Share your comments
Friday, September 04, 2020Oil in New York closed below $40 a barrel for the first time in a month.

Oil Steadies After Dollar Driven Slump Share your comments
Thursday, September 03, 2020Oil steadied in New York after the biggest plunge since July on a stronger dollar.

Brent Oil Price to Grow by $14 Share your comments
Thursday, September 03, 2020The average price of Brent crude oil will increase by $14 per barrel from 2020 to 2024, according to Fitch Solutions.

Oil Prices Decline as Bearish Factors Mount Share your comments
Thursday, September 03, 2020Oil dipped to its lowest level in nearly a month.

Saudi Cutting Oil Deliveries to US Share your comments
Wednesday, September 02, 2020Saudi Arabia is continuing to divert its oil away from America's shores.

Oil Holds Near $43 Share your comments
Wednesday, September 02, 2020Oil was trading near $43 a barrel in New York on signs U.S. crude stockpiles extended declines for a sixth week.

Oil Prices Falter As Refiners Prepare for Maintenance Share your comments
Wednesday, September 02, 2020Oil tumbled to the lowest level in more than three weeks.

Oil Gains on Weak Dollar Share your comments
Tuesday, September 01, 2020Oil rose to trade near $43 a barrel in New York with support from a weaker dollar.

Oil Prices Rise Amid Positive Econ Data Share your comments
Tuesday, September 01, 2020Oil edged higher with a pickup in economic activity in the US and China stirring hopes that a pronounced recovery in crude consumption may be underway.

Oil Climbs with Demand Back in Focus Share your comments
Monday, August 31, 2020Oil rose above $43 a barrel in New York with focus returning to the fragile demand recovery after the hurricane threat eased.

$6B Buffett Japan Wager Could Signal More Commodity Deals Share your comments
Monday, August 31, 2020Japan's trading houses supply the resource-poor country with everything from natural gas to noodles.

Oil Prices Settle Lower Share your comments
Monday, August 31, 2020Oil dipped as a surge in coronavirus infections hitting the world's major economies weighed on the prospect for a demand recovery.

NOC Org Chart Update Shows Changing Priorities and More Share your comments
Sunday, August 30, 2020Check out this recap of popular articles on Rigzone from the past week.

Oxy in Billion Dollar Deal and More Share your comments
Sunday, August 30, 2020Here are some more of Rigzone's top stories during the last week, just in case you missed them...

OPEC to Hold Digital Workshop Share your comments
Friday, August 28, 2020The OPEC Secretariat will host the second workshop on energy and information technology on September 21 via videoconference.

Laura Puts Industry Resilience on Display Share your comments
Friday, August 28, 2020Rigzone panelists offer their insights on the top oil market hits and misses for the week ending Aug. 28, 2020.

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