Saturday, June 13, 2026

Weekly Gas Storage: Slowing Build

The EIA released its weekly Natural Gas Storage Report today, outlining how national natural gas stocks have changed in the last week. In total, the EIA reports natural gas stocks rose by 46 Bcf last week, increasing to 2,768 Bcf from 2,722 Bcf. This is 20.0% below the 3,458 Bcf that was in storage at this point last year, and

Pemex Plans Up To 100,000 Barrels Per Day Light Crude Imports, Says CEO

From Reuters Mexican state-run oil company Pemex expects to begin importing up to 100,000 barrels per day of light crude oil, likely from the United States, from late October and at least until the end of November, its chief executive said on Wednesday. “A hundred thousand barrels (per day) more or less is what we’re going to import to process

Cushing oil storage tanks -oilandgas360

U.S. Won’t Use Petroleum Reserve to Reduce Oil Prices: Perry

From Houston Chronicle/Bloomberg The U.S. has no plans to tap the nation’s emergency oil stockpile to offset supply losses from Iran, according to U.S. Energy Secretary Rick Perry. Selling oil from the Strategic Petroleum Reserve would have “a fairly minor and short-term impact,” Perry told reporters in Washington on Wednesday. Following his remarks, oil jumped higher to erase most of the