Saturday, June 13, 2026
Analysts have been publicly claiming that a drop in the value of the U.S. dollar is coming. Of course, this has implications for oil - Oil & Gas 360

Oil Price Falls Hard on Inventory Report

Oil started the day on a slight upswing, but following today’s Petroleum Weekly Status Report issued by the EIA, the price began to plummet, ending the day down 4.76%. Initial reports coming last night from the American Petroleum institute (API) showed a draw on inventories of 6.7 million barrels. However, the API was just setting up the EIA for disappointing

Eagle Ford Pushes Up Noble Energy 2Q Sales Volumes to Record

Noble Energy, Inc. (ticker: NBL) said its anticipated second quarter 2016 sales volumes will be approximately 425 thousand barrels of oil equivalent per day (MBoe/d).  The 425 MBoe/d amount represents a record quarterly total for Noble Energy and is more than 3 percent beyond the midpoint of its quarterly guidance range of 405 to 415 MBoe/d. Significant contribution to the higher volumes