Wednesday, June 17, 2026

OPEC Veteran Likens Oil Glut to Cancer

Former Qatari Oil Minister campaigning for 2.5 MMBOPD cut Qatar’s former oil minister, Abdullah al-Attiyah, said he is concerned about the continued crude oil supply glut. He is talking to OPEC and non-OPEC producers about making cuts before oversupply becomes unmanageable “like a cancer,” reports Reuters. Attiyah, who served as Qatar’s oil minister from 1992 to 2011, said deals last

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Rising Gasoline Demand Sparks Increased Oil Prices

Stronger economic data helps lift oil prices Oil prices are on track for the first weekly gain in a month today with both WTI and Brent crude prices up on Friday. U.S. Department of Energy numbers this week showed another build in U.S. crude oil stocks, but gasoline demand rose, stoking some crude oil price gains. Data from the EIA

Natural Gas Pipeline: Bill would Allow Surveyors on Private Property with Notice

From the Bluefield Daily Telegraph CHARLESTON — A bill that responds in part to a Monroe County court case that kept surveyors for a natural gas pipeline off of private property would pre-empt another circuit judge ruling in favor of a landowner when eminent domain is likely to take the property. SB 596 would allow surveyors to enter private property

With U.S. LNG, Europe Seeks Escape From Russia’s Energy Grip

From the Wall Street Journal Gulf Coast exports of liquefied natural gas, or LNG, are expected to loosen Russia’s dominance in the European energy market ABOARD THE INDEPENDENCE, Lithuania—On the deck of this floating gas terminal, Mantas Bartuska awaits a tanker to pass a narrow inlet on the Baltic Sea with the first natural gas shipments from the Gulf Coast

Natural Gas Rebounds From 17-Year Low

From the Wall Street Journal NEW YORK—Natural-gas prices rebounded Friday from a 17-year low, but concerns about the heavily oversupplied market capped gains. Natural gas futures for April delivery settled up 0.6 cent, or 0.3%, to $1.791 a million British thermal units on the New York Mercantile Exchange. The contract fell 4.1% this week. Prices fell to their lowest level