API ‘Strengthens Offshore Safety Standards’
In a statement sent to Rigzone recently, the American Petroleum Institute (API) said it had “strengthen[ed]… offshore safety…
Macquarie Strategists Forecast USA Crude Stock Drop
In an oil and gas report sent to Rigzone by the Macquarie team late Monday, Macquarie strategists, including…
Crude Pauses After Sanction-Fueled Rally
Oil swung between gains and losses on the back of the biggest weekly increase since June as attention…
Crude Pauses Near Two-Week High
Oil steadied, holding near a two-week high, as traders assessed whether fresh US sanctions on Russia’s biggest producers…
Oil Closes Higher as Oversold Signals Ease
Oil rose after a technical guage signaled recent declines were overdone, while a US government report showing a…
Oil Dips as Surplus Signs Grow
Oil edged down slightly amid signs of easing tensions between the US and China, while traders took stock…
Brent Set to Dip Its Feet into High $50ies This Week
Brent crude is set to dip its feet into the high $50ies per barrel this week, Skandinaviska Enskilda…
USA Crude Oil Stocks Rise Week on Week
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 3.5 million barrels…
China Appetite for Canadian Oil Headed for All Time High
Canadian oil exports to China are on pace for a record month amid a surge of purchases as…
SEB Expects OPEC to Cut Production Soon
In a report sent to Rigzone by the Skandinaviska Enskilda Banken AB (SEB) team on Tuesday, SEB Chief Commodities…
Sable Says Court Ruling Won’t Affect Santa Ynez Operations
Sable Offshore Corp said Wednesday the Santa Barbara Superior Court had issued a tentative ruling indicating the court…
Monumental to Invest in More Oil Production Restarts in New Zealand
Monumental Energy Corp said Wednesday it has agreed to fund New Zealand Energy Corp’s (NZEC) share of workover…