Rigzone.com: Industry Headlineshttps://www.rigzone.com/news/The latest oil and gas news from around the world.en-USCopyright 2024 Rigzone.com Inc. All rights reserved.https://images.rigzone.com/images/RZ-logo-rss.jpgRigzone.com: Industry Headlineshttps://www.rigzone.com/news/14434Oil Climbs to Four Month Highhttps://www.rigzone.com/news/wire/oil_climbs_to_four_month_high-18-mar-2024-176118-article/?rss=trueOil climbed to a four-month high as Ukrainian drone attacks on Russian refineries heightened geopolitical risks and key Chinese economic data beat estimates.Mon, 18 Mar 2024 20:07:53 GMTNorth America Enters Rig Loss Streakhttps://www.rigzone.com/news/north_america_enters_rig_loss_streak-18-mar-2024-176117-article/?rss=trueNorth America dropped rigs again week on week, according to Baker Hughes. Mon, 18 Mar 2024 16:07:54 GMTUSA Driving Activity to Increase to All-Time Highshttps://www.rigzone.com/news/usa_driving_activity_to_increase_to_alltime_highs-18-mar-2024-176114-article/?rss=trueThe EIA projects that driving activity will increase to all-time highs in the U.S. during 2024 and 2025.Mon, 18 Mar 2024 12:38:40 GMTOil Market Sentiment Has Improved Significantlyhttps://www.rigzone.com/news/oil_market_sentiment_has_improved_significantly-18-mar-2024-176113-article/?rss=true'Brent oil prices have risen to a four-month high'.Mon, 18 Mar 2024 10:00:06 GMTOil Holds Weekly Gainshttps://www.rigzone.com/news/wire/oil_holds_weekly_gains-15-mar-2024-176102-article/?rss=trueCrude futures pushed through 200-day moving average and then held momentum on the week.Fri, 15 Mar 2024 19:54:30 GMTWood Mackenzie Looks at EQT-Equitrans Dealhttps://www.rigzone.com/news/wood_mackenzie_looks_at_eqtequitrans_deal-15-mar-2024-176101-article/?rss=trueWood Mackenzie outlined that EQT Corporation's acquisition of Equitrans Midstream Corporation increases the natural gas company's 'dominant footprint in the Northeast'.Fri, 15 Mar 2024 16:01:36 GMTEIA Drops 2024 Henry Hub Gas Price Forecasthttps://www.rigzone.com/news/eia_drops_2024_henry_hub_gas_price_forecast-15-mar-2024-176098-article/?rss=trueThe U.S. Energy Information Administration cut its Henry Hub spot price forecast in its latest short term energy outlook.Fri, 15 Mar 2024 11:52:12 GMTRystad Looks at the Buzz Around White Hydrogenhttps://www.rigzone.com/news/rystad_looks_at_the_buzz_around_white_hydrogen-15-mar-2024-176095-article/?rss=trueThe buzz around natural hydrogen, dubbed white or gold hydrogen, is gaining global momentum, Rystad Energy said.Fri, 15 Mar 2024 10:10:49 GMTCrude Futures Advance on IEA Supply Warninghttps://www.rigzone.com/news/wire/crude_futures_advance_on_iea_supply_warning-14-mar-2024-176085-article/?rss=trueOil Prices were bolstered Thursday by a warning from the International Energy Agency about Supply Shortages now forecasted through end of the year if OPEC+ reductions persist.Thu, 14 Mar 2024 19:36:01 GMTUSA Crude Oil Stocks Drop https://www.rigzone.com/news/usa_crude_oil_stocks_drop-14-mar-2024-176083-article/?rss=trueCrude oil stocks in the U.S., not including the SPR, stood at 447.0 million barrels on March 8, according to the EIA.Thu, 14 Mar 2024 15:36:05 GMTEIA and Standard Chartered Offer Up Latest Oil Price Predictionshttps://www.rigzone.com/news/eia_and_standard_chartered_offer_up_latest_oil_price_predictions-14-mar-2024-176080-article/?rss=trueThe U.S. Energy Information Administration and Standard Chartered revealed their latest oil price predictions this week.Thu, 14 Mar 2024 10:29:05 GMTOPEC Voices Encouragement after IEA Affirms Support for Oil Securityhttps://www.rigzone.com/news/opec_voices_encouragement_after_iea_affirms_support_for_oil_security-14-mar-2024-176073-article/?rss=trueOPEC expressed encouragement after a commentary from the IEA telling the globe to ensure petroleum supply while transitioning to a clean energy future.Thu, 14 Mar 2024 07:59:51 GMTOil Prices Rise on Drawdownhttps://www.rigzone.com/news/wire/oil_prices_rise_on_drawdown-13-mar-2024-176069-article/?rss=trueUkraine attack on Rosneft PJSC refinery added tailwinds to supplement the largest supply drawdown in nearly two months.Wed, 13 Mar 2024 19:52:26 GMTBP and UAE's $2B Israel Gas Deal Suspended as War Rageshttps://www.rigzone.com/news/wire/bp_and_uaes_2b_israel_gas_deal_suspended_as_war_rages-13-mar-2024-176066-article/?rss=trueBP and the United Arab Emirates' state oil firm suspended a $2 billion bid to buy a major stake in Israel's NewMed Energy.Wed, 13 Mar 2024 14:00:00 GMTRed Sea Region Sees Another Watershed Incidenthttps://www.rigzone.com/news/red_sea_region_sees_another_watershed_incident-13-mar-2024-176064-article/?rss=trueDryad Global noted that the Gulf of Aden and Red Sea 'have seen another watershed incident'.Wed, 13 Mar 2024 11:43:00 GMTIEA Sees Progress but Finds Methane Emissions Near Recordhttps://www.rigzone.com/news/wire/iea_sees_progress_but_finds_methane_emissions_near_record-13-mar-2024-176057-article/?rss=trueWhile the IEA analysis highlighted progress in some places, on the whole it suggests oil, gas and coal producers and governments are falling short of promises to cut methane emissions.Wed, 13 Mar 2024 07:22:37 GMTNorway Regulator Blasts Proposal to Halt New Oil and Gas Permitshttps://www.rigzone.com/news/norway_regulator_blasts_proposal_to_halt_new_oil_and_gas_permits-13-mar-2024-176056-article/?rss=trueThe regulator warned a proposal by a government-appointed climate committee to suspend new oil and gas licenses would threaten energy security in Europe, wash out jobs in Norway and dent state revenues.Wed, 13 Mar 2024 07:17:22 GMTOil Falls on Persistent Inflation and Stalled Supply Cutshttps://www.rigzone.com/news/wire/oil_falls_on_persistent_inflation_and_stalled_supply_cuts-12-mar-2024-176052-article/?rss=trueOil dipped as signs of stubborn US inflation whipsawed wider markets and OPEC said its latest supply cuts stalled.Tue, 12 Mar 2024 20:02:37 GMTSurging Gasoline Prices Add Inflation Risk in USA Election Yearhttps://www.rigzone.com/news/wire/surging_gasoline_prices_add_inflation_risk_in_usa_election_year-12-mar-2024-176049-article/?rss=trueU.S. gasoline futures have jumped sharply in recent weeks.Tue, 12 Mar 2024 14:00:00 GMTSEB Commodities Chief Analyzes Oil Price Moveshttps://www.rigzone.com/news/seb_commodities_chief_analyzes_oil_price_moves-12-mar-2024-176048-article/?rss=true'Optimism for oil was tempered on Friday,' the commodities chief said. Tue, 12 Mar 2024 12:31:33 GMT