Rigzone Industry News

Oil fell after US crude stockpiles increased, providing a buffer against heightened geopolitical risks in Israel and Gaza.

Oil fell after an early-week surge on signs the Israel-Hamas war's effect on flows will remain limited.

Oceans of Energy secured a Statement of Conformity for the Basis of Design.

OPEC will have a pavilion at COP28.

Oil prices surged after a shock attack on Israel by Hamas brought renewed instability to the Middle East.

OPEC raised forecasts for global oil demand through to the middle of the century.

Oil set its biggest weekly drop since March as the possibility of higher interest rates roils financial markets, overshadowing the tight physical setup for crude that caused prices to skyrocket in the third quarter.

A financier and trader, who's now one of the most active dealmakers in UK oil, fended off some criminal fraud charges over the attempted delivery of a consignment of crude from Iran.

Oil extended its slump on concerns that slowing global growth will erode consumption a day after the market posted its biggest decline in more than a year.

The joint study agreement for the DAC facility was signed at the ADIPEC conference in Abu Dhabi.