Tuesday, June 16, 2026
Oilfield jobs increase, employment gains tapered, as sector reaches closer to pre-pandemic levels- oil and gas 360

Oilfield jobs increase, employment gains tapered, as sector reaches closer to pre-pandemic levels

World Oil Employment in the U.S. oilfield services, and equipment sector rose by an estimated 2,566 jobs to 640,767 in September, according to preliminary data from the Bureau of Labor Statistics (BLS) after adjustments to August numbers and analysis by the Energy Workforce & Technology Council (Energy Workforce). August adjusted number of 638,201 is down from the preliminary number of

Prices at the pump are ticking higher after OPEC decision- oil and gas 360

Prices at the pump are ticking higher after OPEC decision

Oil Price Gasoline prices in the United States have jumped over 3% since OPEC’s decision last week to cut output by 2 million barrels per day in November, reversing the trend that had seen prices lower at the pump for weeks. On Monday, the national average price for a gallon of gasoline in the United States was $3.919, up from

China is dominating the global electric vehicle battery market- oil and gas 360

China is dominating the global electric vehicle battery market

Oil Price The global electric vehicle (EV) battery market is expected to grow from $17 billion to more than $95 billion between 2019 and 2028.   With increasing demand to decarbonize the transportation sector, companies producing the batteries that power EVs have seen substantial momentum. Visual Capitalist’s Bruno Venditti and Sabrina Lam have updated their previous infographic to show the world’s biggest battery manufacturers in

Republicans withdraw $1 billion from BlackRock due to its ESG policies- oil and gas 360

Republicans withdraw $1 billion from BlackRock due to its ESG policies

Oil Price Multiple U.S. states governed by Republicans are withdrawing state funds from BlackRock’s management, as they disapprove of the ESG investment policies of the world’s top asset manager, the Financial Times reports.   In recent weeks, Louisiana, South Carolina, Utah, and Arkansas have announced they would divest funds from BlackRock totaling more than $1 billion. Last week, Louisiana State Treasurer

Why Saudi Arabia rebuffed Biden’s pleas to help lower oil prices- oil and gas 360

Why Saudi Arabia rebuffed Biden’s pleas to help lower oil prices

World Oil (Bloomberg) — The U.S. has accused Saudi Arabia of siding with Russia after it led OPEC+ in a shock decision to slash crude output, keeping oil prices high at a time of global concern about inflation. The world’s largest oil exporter insists the decision was about economics, not politics. The move marks a significant moment in the more