Canada ties new West Coast Pipeline to oil sands expansion
(Oil Price) – Canada’s biggest oil sands producers, the Alberta provincial government, and the federal government have reached a new milestone in advancing the planned new West Coast pipeline that would move another 1 million
Canada ties new West Coast Pipeline to oil sands expansion
(Oil Price) – Canada’s biggest oil sands producers, the Alberta provincial government, and the federal government have reached a new milestone in advancing the planned new West Coast pipeline that would move another 1 million barrels per day (bpd) of oil
Why Iranian, Houthi threats to Red Sea shipping matter more for oil now
(BOE Report) – Iran has warned that its campaign to throttle global
Halliburton expands role in Aramco’s unconventional gas program
(World Oil) – Halliburton has secured a multi-year contract from Aramco to provide integrated stimulation and
Oil prices sink, shrugging off renewed Middle East fighting
(Investing) – Oil prices fell on Wednesday, shrugging off a new wave of
Why Iranian, Houthi threats to Red Sea shipping matter more for oil now
(BOE Report) – Iran has warned that its campaign to throttle global energy markets could be expanded from the Strait of Hormuz to the vital Red Sea route if U.S. attacks continue, a threat that depends on its Houthi allies
Halliburton expands role in Aramco’s unconventional gas program
(World Oil) – Halliburton has secured a multi-year contract from Aramco to provide integrated stimulation and completion services for unconventional gas development in Saudi Arabia’s Jafurah basin, supporting one of the world’s largest unconventional gas programs. The award is part of a broader multi-billion-dollar contract
Oil prices sink, shrugging off renewed Middle East fighting
(Investing) – Oil prices fell on Wednesday, shrugging off a new wave of U.S. attacks against Iranian military installations that aimed to limit Tehran’s ability to strike shipping in the Strait of Hormuz and taking heart from a smaller-than-expected drop in U.S.
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Weekly Inventories
U.S. crude oil inventories decrease by 1.7 million barrels
Weekly Crude Oil Storage as of July 10, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories increase by 61 Bcf
Natural Gas Inventories as of July 3, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count increased by 7, is at 580
This week’s Baker Hughes Rig Count shows that the U.S. increased by 7 last week, resulting in a total count
