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Rigzone Industry News

The latest oil and gas news from around the world.
  1. Oil fell as traders priced in a potential Ukraine-Russia peace plan that could boost supply.
  2. India's Reliance Industries Ltd. said it would stop processing Russian oil at part of its giant Jamnagar oil refinery.
  3. In a market that continues to be dominated by bearish supply sentiment, one of the few bullish drivers is the fragility of Russian supply, Standard Chartered Bank Energy Research Head Emily Ashford said.
  4. Crude oil prices have fallen sharply, Nadir Belbarka, an analyst at XMArabia, said in a statement sent to Rigzone on Friday.
  5. Traders weighed potential sanction rollbacks that could add Russian supply.
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