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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.

Oil in New York is heading for a weekly decline as surging coronavirus cases raised fresh concerns about demand.

Oil tumbled to the lowest level in more than a week as a resurgence in coronavirus cases and impending US layoffs darken the economic outlook.

Oil was anchored near $41 a barrel in New York with swelling U.S. crude stockpiles raising fresh concerns about supply.

The U.S. Secretary of Energy Dan Brouillette is travelling to Texas.

An explosion has occurred at the Gbetiokun field in OML 40, the Nigerian National Petroleum Corporation has confirmed.

Oil's rally has hit a ceiling.

The U.S. Energy Information Administration has raised its Brent and West Texas Intermediate oil price forecasts again.

Oil was anchored below $41 a barrel with an industry report signaling a surprise gain in U.S. crude stockpiles.

Crude futures in New York were unable rise above $41.

These days, the Bakken is looking like anything but a boom.

Eni became the latest oil company to cut its long-term price assumptions.

Oil dropped before U.S. government data that's forecast to show gasoline stockpiles increased, while rising virus infections raised concern stricter controls will be extended.

Oil demand in 2020 could lose an additional 2.5 million barrels per day in a second Covid-19 wave scenario.

Saudi Arabia raised pricing for August oil shipments to the U.S. and Asia.

Texas Oil and Gas Association President Todd Staples has supported Texas Governor Greg Abbott's latest Covid-19 rules.

Oil edged higher in London to trade above $43 a barrel as investors weighed tightening crude supplies and robust U.S. economic data against surging coronavirus infections.

The Sendje Berge FPSO was attacked by pirates offshore Nigeria on July 2.

Crude oil dipped Friday but was up for the week.

The world's fastest-growing oil market is showing an uneven recovery two months after easing demand-destroying virus-control measures.

Here are some of Rigzone's top stories during the last week, just in case you missed them...

Oil slipped Friday but remained on track for a weekly gain.

Oil closed at its highest level in almost four months.

Yemen's Houthi rebels say they've sent a maintenance team to repair an aging oil tanker laden with more than 1 million barrels.

The American Petroleum Institute has welcomed the implementation of the U.S.-Mexico-Canada Agreement.

Oil rose for a second day as a bigger-than-expected draw in American crude stockpiles and plunging output from OPEC producers outweighed nervousness about a coronavirus resurgence in the U.S.

Appalachia is on the cusp of an energy and petrochemical renaissance, according to a new report released by the U.S. Department of Energy.

Crude gained after signals of shrinking stockpiles in the U.S., but fears of the virus crimping demand are holding futures back from rallying past $40 a barrel.

Tanzanian authorities detained executives from three oil-marketing companies.

Wood Mackenzie expects further large impairments to occur across the oil and gas sector.

Oil posted its best quarter in nearly 30 years, bouncing back from this year’s historic price crash.

Tribes in eastern Libya backed the resumption of oil production from their region.

Royal Dutch Shell plc expects aggregate post-tax impairment charges in the range of $15 billion to $22 billion in the second quarter of this year.

Oil edged lower in Asia after jumping the most in almost two weeks on Monday.

Is Chesapeake Energy Corporation going out of business?

Oil rebounded from a weekly loss as better-than-estimated economic data countered fears that Covid-19's resurgence will crimp fuel demand.

Hamilton Health Box and 1Health.io have partnered to provide Covid-19 testing for oil and gas companies that want to test their employees across the United States.

Oil kept falling after just its second weekly drop since April as coronavirus infections and fatalities surpassed grim milestones.

Chesapeake Energy Corporation has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas.

Oil posted its second weekly loss for the month, as a surge in U.S. coronavirus cases clouds the demand outlook and casts doubts on the market's recovery.

Here are some of Rigzone's top stories during the last week, just in case you missed them...

TXOGA and TIPRO have commented on Texas' reopening pause.

Oil headed for just its second weekly decline since late April.

Oil prices rose after Russia slashed exports of its flagship crude Urals to the lowest in at least 10 years.

The latest Dallas Fed Energy Survey indicates activity in the oil and gas sector deteriorated even further in 2Q.

Oil edged lower after its biggest drop in almost two weeks.

Shetland Islands Council has agreed to work together with the Oil and Gas Technology Centre to help develop an energy hub concept.

The latest oil price crash, which Wood Mackenzie has dubbed the worst in history, has changed the upstream sector.

Futures in New York slid 5.9 percent to the lowest in a week on Wednesday.

North American integrated oil and gas operators with highly diversified portfolios have better chances to navigate the Covid-19 crisis, according to GlobalData.