Tuesday, June 9, 2026
Green hydrogen is gaining traction, but still has massive hurdles to overcome- oil and gas 360

Russia Looks To Become Leader In Hydrogen Tech

OilPrice Russia’s mineral and energy wealth has given it a second chance in global affairs after the Cold War and the implosion of the Soviet Union. Oil and gas exports have provided the necessary income to rebuild the country and exert influence abroad. The energy transition is the ‘Sword of Damocles’ hanging over the Russian fossil fuel industry. Moscow, therefore,

Oil prices flat; U.S. crude stock draw supports but demand hopes dim- oil and gas 360

Oil prices flat; U.S. crude stock draw supports but demand hopes dim

Reuters LONDON -Oil prices traded flat on Wednesday, supported by a draw in U.S. crude inventories and Britain’s approval of a second coronavirus vaccine but pressured by swelling year-over-year supply and the view that a federal aid package would be slimmer than hoped. Brent crude futures gained 9 cents to $51.18 a barrel 11:44 EDT (1544 GMT), off the session

U.S. crude oil inventories increase by 0.5 million barrels- oil and gas 360

U.S. crude oil inventories decrease by 6.1 million barrels

Weekly Crude Oil Storage as of December 25, 2020   U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 6.1 million barrels from the previous week. At 493.5 million barrels, U.S. crude oil inventories are about 11% above the five year average for this time of year, according to the EIA crude oil and petroleum