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Rigzone Industry News

1. US Seeks To Stop Oil Reserve Sales To Refill Stockpiles

   The Biden administration is seeking to stop sales from the Strategic Petroleum Reserve mandated by Congress so it can refill the emergency reserve.

2. USA Oil and Gas Jobs Are Still in Short Supply

   The short supply of labor in the US oil patch has plagued exploration and production companies all year.

3. EU Closing In on $60 Cap for Russian Oil

   The European Union is closing in on a deal to cap the price of Russian crude oil at $60 a barrel.

4. Top Headlines: Oil Market Shows Extreme Sensitivity to OPEC+ Suggestions

   Check out some of Rigzone's top stories during the last week.

5. Oil Posts Weekly Gain After Volatile Week

   Oil posted its biggest weekly gain in a month, after a volatile week marked by China loosening Covid restrictions and speculation on OPEC+ output policy.