U.S. Steel invests $475 million to expand OCTG production capacity
(World Oil) – U.S. Steel has approved a $475 million investment to expand oil country tubular goods (OCTG) production capacity at its Fairfield Tubular Operations in Alabama, targeting growing demand from major U.S. oil and gas basins.
U.S. Steel invests $475 million to expand OCTG production capacity
(World Oil) – U.S. Steel has approved a $475 million investment to expand oil country tubular goods (OCTG) production capacity at its Fairfield Tubular Operations in Alabama, targeting growing demand from major U.S. oil and gas basins. The investment will fund the installation
U.S. crude oil inventories decrease by 6.1 million barrels
Weekly Crude Oil Storage as of June 19, 2026 U.S. commercial crude
Oil extends losses, WTI crude falls below $70 for first time since early March
(Investing) – Oil prices extended losses on Wednesday, retreating for a third straight
U.S. crude oil inventories decrease by 6.1 million barrels
Weekly Crude Oil Storage as of June 19, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 6.1 million barrels from the previous week. At 412.1 million barrels, U.S. crude oil inventories are 7%
Oil extends losses, WTI crude falls below $70 for first time since early March
(Investing) – Oil prices extended losses on Wednesday, retreating for a third straight session as signs of a gradual reopening of the Strait of Hormuz and improving U.S.-Iran relations eased fears of a prolonged disruption to Middle East energy supplies. At
From cycles to constraints
(By Oil & Gas 360) – For much of the modern energy era, executives, investors, and policymakers operated under a shared assumption that periods of disruption would eventually give way to a familiar pattern. Prices would rise, capital would flow into
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Weekly Inventories
U.S. crude oil inventories decrease by 6.1 million barrels
Weekly Crude Oil Storage as of June 19, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories increase by 73 Bcf
Natural Gas Inventories as of June 12, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count increased by 1, is at 563
This week’s Baker Hughes Rig Count shows that the U.S. decreased by 1 last week, resulting in a total count
