Friday, July 17, 2026
Europe gas prices jump to 4-month highs on Hormuz blockade threat- oil and gas 360

Europe gas prices jump to 4-month highs on Hormuz blockade threat

(Investing) – European wholesale natural gas prices surged on Friday, touching their highest levels in nearly four months as intensifying military exchanges between Washington and Iran stoked fears over a potential closure of the Strait of Hormuz, threatening a critical chokepoint

U.S. rig count increased by 7, is at 580- oil and gas 360

U.S. rig count increased by 7, is at 588

This week’s Baker Hughes Rig Count shows that the U.S. increased by 7 last week, resulting in a total count of 588 rigs. Canada decreased by 19 over last week, resulting in a total Canadian count of 198 rigs. Breakdown

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