KOC signs $16 billion infrastructure partnership to support 4 MMbpd production target
(World Oil) – Kuwait Oil Company (KOC) has signed a $16 billion infrastructure partnership involving its domestic and export crude oil pipeline network, a transaction expected to generate $7.85 billion in proceeds to help fund upstream expansion and
KOC signs $16 billion infrastructure partnership to support 4 MMbpd production target
(World Oil) – Kuwait Oil Company (KOC) has signed a $16 billion infrastructure partnership involving its domestic and export crude oil pipeline network, a transaction expected to generate $7.85 billion in proceeds to help fund upstream expansion and support Kuwait’s goal of increasing crude
TotalEnergies to appeal court order to adapt business to climate goals
(Oil Price) – TotalEnergies will appeal a landmark decision of the Paris Judicial
Crude oil futures are pricing market adaptability, not hopeful Iran peace: Russell
(BOE Report) – One of the debates since the start of the
Baker Hughes sees modest decline in global oil spending
(Investing) – Baker Hughes (NYSE:BKR) said on Monday it expects global spending by oil
TotalEnergies to appeal court order to adapt business to climate goals
(Oil Price) – TotalEnergies will appeal a landmark decision of the Paris Judicial Court from last month, which ordered the French supermajor to align its business to climate change goals as it held it responsible for climate change. In a statement
Crude oil futures are pricing market adaptability, not hopeful Iran peace: Russell
(BOE Report) – One of the debates since the start of the Iran war has been whether crude oil futures are accurately reflecting the stresses in physical markets for both oil and refined products, or if they are blindly optimistic
Baker Hughes sees modest decline in global oil spending
(Investing) – Baker Hughes (NYSE:BKR) said on Monday it expects global spending by oil and gas producers to decline modestly this year. The company said growth in Latin America, offshore Africa, and North America land will be offset by lower spending in
Company to watch
Weekly Inventories
U.S. crude oil inventories increase by 2.0 million barrels
Weekly Crude Oil Storage as of July 17, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories increase by 32 Bcf
Natural Gas Inventories as of July 17, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count increased by 1, is at 587
This week’s Baker Hughes Rig Count shows that the U.S. increased by 1 last week, resulting in a total count
