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Rigzone Industry News

1. Oil Holds Steady in Thin Christmas Eve Trade

   Oil prices were little changed in thin Christmas Eve trading as geopolitical risks offset oversupply fears.

2. Crude Extends Gains

   Oil rose for a fifth day as US actions against Venezuela offset signs of weak demand.

3. Crude Settles Higher as US Tightens Venezuela Blockade

   Oil closed higher as US actions against Venezuelan tankers heightened geopolitical risk.

4. Drones Hit Piers, Ships at Russia's Taman Black Sea Port

   Russia said a drone attack damaged infrastructure and vessels in the Black Sea port of Taman.

5. North America Drops Rigs Week on Week

   North America dropped 13 rigs week on week, according to Baker Hughes' latest North America rotary rig count.