Rigzone

Rigzone is an online news platform that covers oil and gas industry news, jobs and events. It claims to have the largest pool of oil and gas talent with access to over 1.9 million profiles and a global reach in major markets.

84%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This news site has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on its reporting.

Bias

85%

Examples:

  • The article presents the EIA and BMI's forecast as if they are accurate predictions when in fact they are based on assumptions and projections that may not necessarily come to fruition.
  • The article uses positive words like élancé, rebound, but misses estimates

Conflicts of Interest

70%

Examples:

  • BMI is a contributor to the Bloomberg Consensus which was also mentioned in the article. This creates an illusion of multiple sources providing different opinions when in reality there is only one source with multiple affiliations.

Contradictions

100%

Examples:

  • BMI projected that the Brent price will average $85 per barrel this year, which is not true as their report shows they forecast it to be $84 per barrell
  • In its previous STEO, the EIA saw the Brent spot price averaging $80.97 per barrel in 2024 and $79.48 per barrel in 2025.

Deceptions

100%

Examples:

  • The article does not provide any sources or references for their claims
  • The article presents the EIA and BMI's forecast as if they are independent entities when in fact BMI is a contributor to the Bloomberg Consensus which was also mentioned in the article.

Recent Articles

  • Oil Prices on a Rollercoaster Ride: Geopolitical Tensions and Supply Disruptions Drive Fluctuations

    Oil Prices on a Rollercoaster Ride: Geopolitical Tensions and Supply Disruptions Drive Fluctuations

    Broke On: Monday, 12 February 2024 Oil prices have been volatile due to geopolitical tensions and supply disruptions. The ongoing conflict between Israel and Hamas could lead to further price fluctuations, while OPEC reports are closely monitored for updates on production levels and demand forecasts.

  • BP's Third-Quarter Profits Fall Short of Market Expectations

    Broke On: Tuesday, 31 October 2023 BP's third-quarter earnings for 2023 missed market expectations. Despite a rebound, BP's profits were not as high as anticipated. Weak gas trading offset gains from higher refining margins and strong oil trading. BP's shares tumbled following the announcement of the results.