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Rigzone Industry News

1. WTI Passes $71 Mark on Crude Stocks Draw

   WTI crude oil benchmark rose by nearly 2%.

2. Does Private Equity Have a Future in Deepwater Gulf of Mexico?

   New analysis by Wood Mackenzie takes a look at private equity in the US Gulf of Mexico, exploring operational strategies and potential risks.

3. The $13 Billion Offshore Jobs Engine

   There's plenty of work available sunsetting offshore platforms.

4. Oil Near Week's High as Supply Data Tempers Saudi View on Prices

   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.

5. WTI Up 1.4 Percent But Stays Sideways

   West Texas Intermediate benchmark continues trend.