BlackRock told Texas it's still committed to helping clients invest in the energy industry, rebutting suggestions that the firm boycotts fossil-fuel companies.
Oil set its fourth straight weekly gain as product markets remain tight amid strong demand, eclipsing concerns about an economic slowdown that have roiled financial markets.
Rigzone's regular market watchers focus on the inversion of the Brent-WTI oil price spread, the start of the U.S. hurricane season, gasoline prices and more.