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Oil rebounded as a new virus treatment showed promising results, but rising Covid-19 cases continued to weigh on the market.
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The number of rotary rigs operating in the U.S. decreased over the past week but increased in Canada, Baker Hughes Co. reported Friday.
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Check out this review of oil market hits and misses for the week ending July 10, 2020.
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To understand why the cancellation of the $8 billion Atlantic Coast Pipeline was such big news, consider America's most important natural gas-producing region.
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Oil refineries aren't being spared as Covid-19 sweeps through Texas.
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The National Oil Corporation in Libya has lifted force majeure on all oil exports from the country.
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The International Energy Agency bolstered its outlook for global oil demand, but warned that the recovery could be derailed by the resurgence of coronavirus.
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Here are some of Rigzone's top stories during the last week, just in case you missed them...
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Oil in New York is heading for a weekly decline as surging coronavirus cases raised fresh concerns about demand.
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Halliburton Company and TechnipFMC have launched the first distributed acoustic sensing solution for subsea wells, the companies outlined in a joint statement.
