Oil & Gas Industry News

Crude prices rose as US military signals, refinery disruptions, and a weaker dollar supported commodities.

Mexico's state oil company backtracked on plans to send a much-needed shipment of crude oil to Cuba.

Rigzone talks to Phil Flynn, a senior market analyst at the PRICE Futures Group, and Art Hogan, Chief Market Strategist at B. Riley Wealth.

The EIA projected that the U.S. natural gas Henry Hub spot price will drop this year and rise next year in its latest short term energy outlook.

North America added six rigs week on week, according to Baker Hughes' latest North America rotary rig count.

Markets remain cautious as global supply growth continues to outpace demand.

World petroleum and other liquid fuels production will outweigh consumption by 2.83 million barrels per day in 2026, according to the EIA's January short term energy outlook.

Enverus announced that it has released its annual list of 'the top public onshore exploration and production companies in the U.S. based on gross operated production last year'.

'Weather has re-entered the equation in force', SEB Commodities Analyst Ole R. Hvalbye told Rigzone in an exclusive interview on Monday.

The Trump administration said it's canceling almost $30 billion of financing from the Energy Department's green bank after reviewing transactions approved under former President Joe Biden.