Where Service is Paramount!

Rigzone Industry News

1. Oil Rebounds on Fresh Middle East Supply Risk Pricing

   Zaye Capital Markets sees today's oil price move 'as a geopolitical premium rather than a clean demand rally'.

2. UK Sees Risk of $100 Oil Until 2028

   The UK government has revised its internal oil price forecasts upwards.

3. Oil Retreats on Global Demand Fears

   Oil prices fell as traders weighed weakening global demand against stalled US-Iran negotiations.

4. Bilfinger Offshore Workers Striking Over Pay

   'Strikes on the Alba FSU and FPF1 will have a significant impact on the day to day operations of these assets', Unite Industrial Officer Paula Buchan warned.

5. Arctic Refuge Auction Will Test Oil Industry Appetite

   President Donald Trump vowed to reopen Alaska's Arctic National Wildlife Refuge to oil drilling.