Iraq warns it might leave OPEC if oil quota not raised, sources say
(Investing) – Iraq has considered leaving OPEC if the oil producer group does not allow Baghdad to significantly increase oil production, sources with knowledge of the matter told Reuters. The prospect of Iraq leaving
Iraq warns it might leave OPEC if oil quota not raised, sources say
(Investing) – Iraq has considered leaving OPEC if the oil producer group does not allow Baghdad to significantly increase oil production, sources with knowledge of the matter told Reuters. The prospect of Iraq leaving would be a serious blow to
Weekly Gas Storage: Inventories increase by 76 Bcf
Natural Gas Inventories as of June 19, 2026 The EIA has released
Oil falls below $75 as Hormuz traffic increases amid U.S.-Iran peace talks
(World Oil) – Brent oil fell below $75 for the first time
Bullish inventories meet bearish expectations
(By Oil & Gas 360) – The oil market is entering a
Weekly Gas Storage: Inventories increase by 76 Bcf
Natural Gas Inventories as of June 19, 2026 The EIA has released its natural gas inventory report, showing a net increase of 76 Bcf as of June 19, 2026. Working gas in storage was 2,835 Bcf as of Friday, June
Oil falls below $75 as Hormuz traffic increases amid U.S.-Iran peace talks
(World Oil) – Brent oil fell below $75 for the first time since the Iran war began, as more tankers openly cross the Strait of Hormuz, while the U.S. and Iran signal progress toward ending the war. The global benchmark
Bullish inventories meet bearish expectations
(By Oil & Gas 360) – The oil market is entering a new phase of uncertainty. After months dominated by headlines surrounding the Iran conflict, the Strait of Hormuz, and fears of supply disruption, attention is shifting back toward fundamentals.
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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 76 Bcf
Natural Gas Inventories as of June 19, 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
