Monday, July 13, 2026
Recent legislation would reduce the U.S. Strategic Petroleum Reserve- oil and gas 360

EIA World liquid fuels production outages have increased in 2020

EIA Disruptions to crude oil and condensate production from members of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries have risen considerably since last year. These outages have contributed to reduced liquid fuel supply and, along with crude oil production declines agreed to among OPEC and partner countries (OPEC+), have contributed to global liquid fuels inventory draws since June.

israel-and-lebanon-flags-creditoleksii-oilandgas360

Lebanon and Israel in Talks Over Maritime Border

Marine Link Oil & Gas 360 Publishers Note: This is an outstanding development that Israel and Lebanon are in talks. The Mediterranean  off shore energy potential is causing strife between countries as they all strive for energy independence.  Lebanon and Israel, formally still at war after decades of conflict, launch talks on Wednesday to address a long-running dispute over their