Oil rises on US crude stocks fall, OPEC comments on shale growth [CNBC]
Transocean Ltd (Switzerland) (RIG)
Last transocean ltd (switzerland) earnings: 4/29 04:24 pm
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Source: CNBC
Oil rises on US crude stocks fall, OPEC comments on shale growth The Sedco 714 oil platform, operated by Transocean, stands in the Port of Cromarty Firth in Cromarty, United Kingdom, on February 16, 2016. Matthew Lloyd | Bloomberg | Getty Images Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from about lower-than-expected U.S. shale production in 2020 also provided some support. Prices were capped by mixed signs for oil demand in China, the world's biggest crude importer. Industrial output rose more slowly than expected in October, but oil refinery throughput hit the second-highest level on record. Brent West Texas Intermediate The secretary-general of the Organization of the Petroleum Exporting Countries, Mohammad Barkindo, said on Wednesday that there would likely be downward revisions of supply going into 2020, especially from U.S. shale. Barkindo said it was too early to say whether further output cuts would be needed. o
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RIG
Earnings
- 2/19/24 - Beat
RIG
Sec Filings
- 3/26/24 - Form ARS
- 3/26/24 - Form DEFA14A
- 3/26/24 - Form DEF
- RIG's page on the SEC website