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Thursday, January 15, 2026

January 6, 2021

U.S. judge denies effort to stop drilling auction in Arctic refuge- oil and gas 360

U.S. judge denies effort to stop drilling auction in Arctic refuge

January 6, 2021

Reuters A federal judge in Alaska ruled late on Tuesday that the Trump administration’s planned auction of oil drilling leases in the Arctic National Wildlife Refuge (ANWR) could proceed as planned on Wednesday morning. The order by U.S. District Judge Sharon Gleason comes after environmental groups and the indigenous people of northeastern Alaska sought a preliminary injunction to block the

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

U.S. crude oil inventories decrease by 8.0 million barrels

January 6, 2021

Weekly Crude Oil Storage as of January 1, 2021   U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 8.0 million barrels from the previous week. At 485.5 million barrels, U.S. crude oil inventories are about 9% above the five year average for this time of year, according to the EIA crude oil and petroleum

Oil extends gains after surprise Saudi output cut- oil and gas 360

Oil extends gains after surprise Saudi output cut

January 6, 2021

Reuters LONDON -Oil prices extended gains on Wednesday, rising to their highest since late February, after Saudi Arabia announced a big voluntary production cut, and as an industry report showed U.S. inventories fell last week. Brent crude was up 31 cents, or 0.6%, to $53.91 a barrel at 1446 GMT. Earlier in the session, it hit a high of $54.63

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