Saturday, June 20, 2026

Weekly Oil Storage: Small Build

The EIA released its weekly Petroleum Status Report today, outlining how national oil and refined product stocks have changed in the last week. Crude oil stocks rose by 1,895 MBBL last week to 420,254 MBBL, from 418,359 MBBL. This is 17% below the 508,592 MBBL that was in storage at this point last year, and is 4% above the five-year

Laredo Petroleum Announces Management Moves

Laredo Petroleum, Inc. (ticker: LPI) announced this week that Patrick J. Curth, senior VP of exploration and land, will transition to a senior advisor role in anticipation of his retirement in March 2019. VP of Exploration and Geosciences Technology James R. Courtier, VP of Reservoir Engineering Jason R. Greenwald and VP of Land Mark H. Elliott will jointly assume leadership