Monday, June 15, 2026
The Shale Boom in the Permian Is Slowing Down - 360

Oil Supply Crunch to Test OPEC’s Spare Capacity

From Reuters LONDON (Reuters) – Oil production capacity could fall to under one percent of global oil demand by the end of the year if OPEC compensates falling production from Iran and Venezuela, leaving oil prices exposed to sharp swings in the event of unplanned outages, analysts say. Spare capacity is the extra oil a producing country can bring onstream

Panama Canal Handles Largest LNG Tanker to Ever Transit the Canal

Q-Flex class LNG carriers fit the expanded Panama Canal From AJOT Expanded Panama Canal commemorates a milestone transit by a Q-Flex vessel, the world’s second largest LNG tanker class The Panama Canal yesterday welcomed Qatargas’ Al Safliya, the first Q-Flex and the largest liquefied natural gas (LNG) tanker to ever transit the waterway. The tanker–which measures 315 meters in length