Monday, June 15, 2026
Oil prices ease after OPEC+ agrees to ease output curbs- oil and gas 360

Oil prices ease after OPEC+ agrees to ease output curbs

Reuters LONDON – Oil prices fell on Thursday after OPEC and other producers including Russia agreed to ease record supply curbs from August, though the drop was cushioned by tightening global inventories as economic activity picks up. Brent crude fell 29 cents, or 0.66%, to $43.50 a barrel by 1121 GMT. West Texas Intermediate (WTI) crude was down 43 cents,

Weekly Gas Storage: Inventories increase by 76 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 45 Bcf

Natural Gas Inventories as of July 10, 2020 The EIA has released its natural gas inventory report, showing a net increase of 45 Bcf as of July 10, 2020. Working gas in storage was 3,178 Bcf as of Friday, July 10, 2020, according to EIA estimates. This represents a net increase of 45 Bcf from the previous week. Stocks were

Oil giants including Exxon set first joint carbon target- oil and gas 360

Oil giants including Exxon set first joint carbon target

Reuters LONDON – A group of the world’s top oil companies, including Saudi Aramco, China’s CNPC and Exxon Mobil, have for the first time set goals to cut their greenhouse gas emissions as a proportion of output, as pressure on the sector’s climate stance grows. But the target, set by the 12 members of the Oil and Gas Climate Initiative