America’s second oil boom
(By Oil & Gas 360) – The next great American oil boom may not come from discovering a new basin. It may come from recovering more oil from fields that have already been producing for
America’s second oil boom
(By Oil & Gas 360) – The next great American oil boom may not come from discovering a new basin. It may come from recovering more oil from fields that have already been producing for decades. For more than a century,
Devon Energy’s latest reinvention reflects a familiar corporate pattern
(Oil & Gas 360) By Greg Barnett, MBA – Devon Energy’s merger
ExxonMobil announces planned effective date for move to Texas
(Oil & Gas 360) – SPRING, Texas–(BUSINESS WIRE)–Exxon Mobil Corporation today announced that its
U.S. airlines set to pocket $40 billion as jet fuel prices crash
( Oil Price) – U.S. airlines stand to save billions in dollars on
Devon Energy’s latest reinvention reflects a familiar corporate pattern
(Oil & Gas 360) By Greg Barnett, MBA – Devon Energy’s merger with Coterra Energy may represent the company’s most consequential strategic shift in more than a decade, but reinvention is hardly new for Devon. Over the past thirty
ExxonMobil announces planned effective date for move to Texas
(Oil & Gas 360) – SPRING, Texas–(BUSINESS WIRE)–Exxon Mobil Corporation today announced that its redomiciliation from New Jersey to Texas is expected to become effective on July 1, 2026. As part of this change, ExxonMobil Holdings Corporation will become the publicly traded
U.S. airlines set to pocket $40 billion as jet fuel prices crash
( Oil Price) – U.S. airlines stand to save billions in dollars on jet fuel costs after the US-Iran peace deal sent oil prices sharply lower. Brent crude was trading at $79.22 per barrel at 6.05 am ET on Monday, nearly $20/bbl lower
Company to watch
Weekly Inventories
U.S. crude oil inventories decrease by 8.3 million barrels
Weekly Crude Oil Storage as of June 12, 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
