
U.S. rig count increased by 10, is at 573
This week’s Baker Hughes Rig Count shows that the U.S. increased by 10 last week, resulting in a total count of 573 rigs. Canada increased by 11 over last week, resulting in a total

U.S. rig count increased by 10, is at 573
This week’s Baker Hughes Rig Count shows that the U.S. increased by 10 last week, resulting in a total count of 573 rigs. Canada increased by 11 over last week, resulting in a total Canadian count of 197 rigs. Breakdown

Drone attack cuts output at Kazakhstan’s Karachaganak oil field
(World Oil) – Kazakhstan’s giant Karachaganak oil and gas field cut crude production

Trump clean energy tax credit cutoff drives project rush as prices set to soar
(Investing) – U.S. solar developers have secured federal subsidies for a wave of

Hormuz’s next chapter is about gas, not just oil
(By Oil & Gas 360) – The reopening of the Strait of

Drone attack cuts output at Kazakhstan’s Karachaganak oil field
(World Oil) – Kazakhstan’s giant Karachaganak oil and gas field cut crude production by more than a quarter after a drone attack forced the shutdown of a processing plant in Russia that handles its gas. Karachaganak, one of Kazakhstan’s three largest

Trump clean energy tax credit cutoff drives project rush as prices set to soar
(Investing) – U.S. solar developers have secured federal subsidies for a wave of projects large enough to nearly double current capacity, rushing to beat a July 4 deadline that could send renewable power costs sharply higher. The projections reflect the loss

Hormuz’s next chapter is about gas, not just oil
(By Oil & Gas 360) – The reopening of the Strait of Hormuz has brought a measure of relief to global energy markets. Tankers are once again moving through the world’s most important energy corridor, crude prices have retreated from
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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 10, is at 573
This week’s Baker Hughes Rig Count shows that the U.S. increased by 10 last week, resulting in a total count