Monday, June 9, 2025
Trump’s coal comeback goes global- oil and gas 360

Trump’s coal comeback goes global

(Oil Price) – In a move that fuses domestic revival with international strategy, the Trump administration has greenlit the expansion of Montana’s Bull Mountains coal mine—unlocking nearly 60 million tons of coal destined for key U.S. allies Japan and South Korea.

Vermilion Energy exits U.S. market with $88 million asset sale- oil and gas 360

Vermilion Energy exits U.S. market with $88 million asset sale

Publisher’s Note: Vermilion Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025.  Register to attend.  (World Oil) – Vermilion Energy Inc. has entered into a definitive agreement for the sale of its U.S. assets for cash proceeds of

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Weekly Inventories

U.S. crude oil inventories decrease by 4.3 million barrels

Weekly Crude Oil Storage as of May 30, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.3 million barrels from the previous week.  At 436.1 million barrels, U.S. crude oil inventories are 7%

U.S. rig count decreased by 4 is at 559

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 4 over last week, resulting in a total count of 559 rigs. Canada had an increase of 2 over last week, resulting in a total Canadian count of