360 Energy Pulse: What mattered this week in energy
(By Oil & Gas 360) – May 22, 2026– Energy markets spent the week caught between diplomacy and distrust. Headlines pointing toward a possible U.S.–Iran agreement pressured prices lower, but underneath the surface, inventories
360 Energy Pulse: What mattered this week in energy
(By Oil & Gas 360) – May 22, 2026– Energy markets spent the week caught between diplomacy and distrust. Headlines pointing toward a possible U.S.–Iran agreement pressured prices lower, but underneath the surface, inventories continue tightening, LNG concerns are growing,
Iran is turning Hormuz into leverage
(By Oil & Gas 360) – What began as wartime disruption has evolved
From oilfields to magnets: How the U.S. is quietly rebuilding its critical minerals backbone
(Oil & Gas 360) By Greg Barnett, MBA – For years, America’s
Record-low U.S. shale well backlog curbs fast output gains amid export surge
(BOE Report)- U.S. shale producers have the lowest stock of drilled-but-uncompleted wells
Iran is turning Hormuz into leverage
(By Oil & Gas 360) – What began as wartime disruption has evolved into something far more strategic, Iran is increasingly turning access through Hormuz into geopolitical and economic leverage. The shift is becoming more visible by the week as Tehran
From oilfields to magnets: How the U.S. is quietly rebuilding its critical minerals backbone
(Oil & Gas 360) By Greg Barnett, MBA – For years, America’s rare‑earth and critical‑minerals problem was framed as a single failure: too much dependence on China, too little domestic mining. That framing was incomplete. What is emerging now is
Record-low U.S. shale well backlog curbs fast output gains amid export surge
(BOE Report)- U.S. shale producers have the lowest stock of drilled-but-uncompleted wells on record, limiting their ability to move quickly to boost crude output and replace rapidly depleted oil inventories after exports and refinery processing jumped to plug the shortfall
Company to watch
Weekly Inventories
U.S. crude oil inventories decrease by 3.3 million barrels
Weekly Crude Oil Storage as of May 22, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories increase by 92 Bcf
Natural Gas Inventories as of May 22, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count increased by 4, is at 562
This week’s Baker Hughes Rig Count shows that the U.S. increased by 4 last week, resulting in a total count
