Iran Says Oil Market Is Too Tight For US Zero Exports Target
Friday September 14, 2018 - The US will find it difficult to cut Iran's oil exports completely as the oil market is already tight and rival producers cannot make up the shortfall, official says.
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Return of $100 Oil Seen by Top Traders
Monday, September 24, 2018 Major oil trading houses are predicting the return of $100 crude for the first time since 2014.
$11 Trillion Needed in Oil Sector to 2040
Monday, September 24, 2018 In the period to 2040, the required global oil sector investment is estimated at $11 trillion.
OPEC Squabbles Lose Relevance as Saudis and Russia Set the Agenda
Friday, September 21, 2018 OPEC and its allies seem poised for another contentious meeting in Algeria this weekend.
Trump's Blow to Iranian Oil Sparks Curious Price Divergence
Friday, September 21, 2018 The relationship between two major oil benchmarks is charting an unexpected course.
Oil Rises as Supples Wane at America's Key Inland Storage Site
Friday, September 21, 2018 Oil climbed in New York as the supplies stowed at the biggest US storage hub dwindled.
Machine Learning to Transform Oil and Gas Industry
Thursday, September 20, 2018 In the age of Big Data, the oil and gas industry is taking cues from technology companies to transform its E&P operations.
OPEC's Decade of Turmoil Leaves Cartel Seeking a New Way Forward
Thursday, September 20, 2018 OPEC's 60-year history has rarely confronted a more challenging period than the past decade.
Trump Presses OPEC to Reduce Prices as Crude Trades Near $80
Thursday, September 20, 2018 US President Donald Trump resumes his criticism of OPEC, saying on Twitter that the cartel 'must get prices down now!'
Offshore Investments to Outpace Shale in 2019
Thursday, September 20, 2018 Rystad reports that investments in offshore projects will be higher than shale investments, shake-up from previous years.
Exxon, Chevron and Occidental Oil and Gas Climate Group
Thursday, September 20, 2018 Supermajors Exxon and Chevron along with Occidental Petroleum are the latest three companies to join group committed to addressing climate change.
Crude Oil and Gasoline Tumble in Twitterverse Tizzy
Thursday, September 20, 2018 Just one of the four commodity benchmarks Rigzone tracks was unfazed by a tizzy in the Twitterverse.
Oil Near Week's High as Supply Data Tempers Saudi View on Prices
Wednesday, September 19, 2018 Brent oil held near the highest level in a week as investors weighed a potential gain in US crude stockpiles against Saudi Arabia's comfort with prices rising above $80 a barrel.
The $13 Billion Offshore Jobs Engine
Wednesday, September 19, 2018 There's plenty of work available sunsetting offshore platforms.
WTI Passes $71 Mark on Crude Stocks Draw
Wednesday, September 19, 2018 WTI crude oil benchmark rose by nearly 2%.
OPEC Warns of Threats to Oil Supply from Iran and Other Producers
Tuesday, September 18, 2018 The Organization of Petroleum Exporting Countries is concerned by threats to crude supply from large producers such as Iran, according to the group's top official.
Oil Rises as Saudis Said to Be Content with Prices Over $80
Tuesday, September 18, 2018 Oil rose as Saudi Arabia was said to be comfortable with Brent crude exceeding $80 a barrel.
WTI Up 1.4 Percent But Stays Sideways
Tuesday, September 18, 2018 West Texas Intermediate benchmark continues trend.
OPEC Sees Need to Keep Oil Supply Deal as Demand Faces Headwinds
Monday, September 17, 2018 OPEC needs to keep working with other oil producers to manage global supplies as demand for crude faces 'headwinds,' the head of the organization said.
Tale of Two Oil Markets: Brent Bulls Split From US Optimists
Monday, September 17, 2018 For oil investors, this is both the best of times and the worst of times, depending on which crude benchmark you trade.
Crude See-Saws as Supply Crunch Muted by Impending Demand Drop
Monday, September 17, 2018 Oil capped recent gains as international supply concerns were overshadowed by a looming demand drop.
Iran Says Oil Market Is Too Tight For US Zero Exports Target
Friday, September 14, 2018 The US will find it difficult to cut Iran's oil exports completely as the oil market is already tight and rival producers cannot make up the shortfall, official says.
Crude Caps Weekly Advance as Iran Sanctions Bite Into Supply
Friday, September 14, 2018 Crude posted a third weekly advance out of four as Iranian sanctions take center stage.
Oil Slips as Economic Concerns Counter Tightening Supplies
Thursday, September 13, 2018 Oil prices fell on Thursday, reversing some of the strong gains from the previous session.
Saudis Hire Ex-Solicitor General Olson to Lobby Against NOPEC
Thursday, September 13, 2018 Saudi Arabia is taking no chances with the longshot NOPEC bill, hiring former Solicitor General Ted Olson as a lobbyist to campaign against the act.
IEA Warns of Higher Oil Prices as Iran and Venezuela Losses Deepen
Thursday, September 13, 2018 The IEA warns that oil prices could break out above $80 a barrel unless other producers act to offset deepening supply losses in Iran and Venezuela.
Crude Oil Whipsaws on Demand Concerns
Thursday, September 13, 2018 October WTI fell by 2.5%, erasing earlier gains this week.
OPEC Sees Slower 2019 Oil Demand Growth, Warns On Economy
Wednesday, September 12, 2018 OPEC further trimmed its forecast for 2019 global oil demand growth and said the risk to the economic outlook was skewed to the downside.
Oil Hovers Near $80 A Barrel As Concern Grows Over Global Supply
Wednesday, September 12, 2018 Oil eased, having neared its highest level this year after a drop in US crude inventories.
WTI Clears $71, Brent Flirts with $80
Wednesday, September 12, 2018 The latest batch of US crude inventory figures from the API contributes to bullish oil price movements during midweek trading.
Oil Prices Climb Ahead of US Sanctions on Iran
Tuesday, September 11, 2018 Oil prices rose on Tuesday as US sanctions squeezed Iranian crude exports.
WTI Rises 2.5 Percent on Hurricane Threat
Tuesday, September 11, 2018 Crude oil and reformulated gasoline surged as three named tropical systems churned in the Atlantic Ocean.
New Report Predicts When Gas Will Become Dominant Energy Source
Monday, September 10, 2018 New report from DNV GL outlines when gas will overtake oil demand to become the dominant energy source.
Oil Steadies As US Inventory Concerns Curb Gains
Monday, September 10, 2018 Oil prices were mixed, pulling back from an early rally after data suggested US crude inventories might build, weighing on the market.
5 Reasons Your Wells Are Not Delivered On Time
Friday, September 07, 2018 As the oil and gas market begins to swing up, this article troubleshoots the roadblocks to timely well delivery that industry leaders face.
Oil Posts Biggest Weekly Decline since July
Friday, September 07, 2018 Oil posts the biggest weekly decline since July as a rout in emerging markets raised concerns about weakening energy demand.
How to Retrain into Digital Oil, Gas Professions
Thursday, September 06, 2018 Industry experts offer tips for workers looking to retrain into digital oil, gas professions.
Oil Gains From Dollar Weakness; Focus Pinned On Demand Outlook
Thursday, September 06, 2018 Oil rose, encouraged by a weaker dollar and evidence of strong US fuel demand.
China Trade War Fears, EIA Report Keep Crude in Check
Thursday, September 06, 2018 Concerns about trade between the US and China, coupled with a mixed US government report, contribute to bearish crude oil price movement.
It Takes an Army: Women in Oil, Gas Encouraged to Mentor Others in Industry
Wednesday, September 05, 2018 Oil and gas companies and industry professionals are taking an active approach to getting more women interested in STEM and helping them feel comfortable working in a male-dominated field.
Oil Drops Below $78 As Supply Concern Eases, Demand Worries Mount
Wednesday, September 05, 2018 Oil fell below $78 a barrel as a US Gulf tropical storm weakened and moved away from oil-producing areas.
Oil Prices Jump As Gulf Of Mexico Rigs Evacuated
Tuesday, September 04, 2018 Oil prices rose after the evacuation of two Gulf of Mexico oil platforms in preparation for a hurricane.
Oil Traders Weigh Gordon's Impact
Tuesday, September 04, 2018 A US Gulf Coast storm, unrest in Libya and news concerning Venezuela and Iran contributed to an uptick in crude oil prices Tuesday.
Analysts Forecast Average Price of Brent Crude in 2019
Friday, August 31, 2018 Rigzone highlights different forecasts for Brent Crude in 2019.
Oil Slips As Trade War Worries Outweigh Iran Sanctions
Friday, August 31, 2018 Oil prices slipped, pressured by renewed concerns that a global trade war could dent energy demand.
Edge Technologies Give Oil, Gas Operators Extra Computing Power
Thursday, August 30, 2018 This oil and gas computing approach de-emphasizes the cloud.
Oil Rises On Iran Sanctions, Lower US Fuel Inventories
Thursday, August 30, 2018 Oil prices rose, extending gains on growing evidence of disruptions to crude supply from Iran and Venezuela.
WTI's Trajectory Clears $70
Thursday, August 30, 2018 After surging to $70.50 a barrel, the October WTI futures contract settled at $70.25 for a 74-cent gain on the day.
When to Search for Another Job in Oil, Gas
Wednesday, August 29, 2018 Rigzone asks several recruiters when they think it's the right time for oil and gas professionals to look for another role in the oil and gas sector.
OPEC To Discuss Compensating For Iranian Supply Drop After US Sanctions
Wednesday, August 29, 2018 OPEC will discuss in December whether producers can compensate for a sudden drop in Iranian oil supply after US sanctions against Tehran start in November.
Oil Jumps to Highest in a Month on US Stockpile Drop
Wednesday, August 29, 2018 Oil closed at its highest in a month following a bigger-than-expected decline in US crude stockpiles.
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