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Rigzone Industry News

1. Oil Falls On Shock US Stock Builds, OPEC Supply Worries

   Oil benchmarks fell after an unexpected build in US crude and gasoline inventories.

2. US Senate Democrats Want Trump To Prod OPEC To Lower Oil Prices

   US Senate Democrats urge President Donald Trump to try to prod OPEC to take steps to lower oil prices.

3. The $100 a Barrel Oil Wager Comes Back to the Options Market

   Talk that prices could top that barrier over the next 12 months is gaining traction.

4. OGA: The UKCS is Back

   The Oil and Gas Authority offers 123 licenses, over 229 blocks or part-blocks, to 61 companies in the 30th Offshore Licensing Round.

5. EU's Energy Chief Says 'Time Has Come' For New Russia, Ukraine Gas Talks

   EU energy chief says he has reached out to Russia and Ukraine to relaunch EU-mediated talks over their gas dispute.