Monday, June 15, 2026
IEA: Oil bears are disregarding an imminent supply shortage- oil and gas 360

IEA: Oil bears are disregarding an imminent supply shortage

Oil Price The decline in oil prices over the past few weeks contrasts with an expected tightening of the market later this year when demand exceeds supply by nearly 2 million barrels per day (bpd), the International Energy Agency (IEA) said on Tuesday. Since the middle of April, oil prices have lost all the gains from OPEC+’s latest announcement of new production

LOGOS Energy achieves “record-breaking” natural gas production from Mancos shale- oil and gas 360

LOGOS Energy achieves “record-breaking” natural gas production from Mancos shale

World Oil (WO) – LOGOS Energy, LLC, a North Hudson Resource Partners LP portfolio company, has brought online a San Juan Basin record breaking natural gas well in the Mancos shale, building on its repeated 2021 and 2022 successes in the play and continuing the responsible development of a burgeoning new source of American natural gas supply. The peak month

OPEC cut failed to lift oil prices, but the year isn’t over yet- oil and gas 360

OPEC cut failed to lift oil prices, but the year isn’t over yet

Oil Price Crude oil prices have been on a losing streak for four consecutive weeks now, erasing all the gains they booked after OPEC’s latest supply cut announcement as economic fears take precedence over demand expectations. When the cartel announced the cuts, almost every bank with a commodities department rushed to update their price forecasts, expecting prices to jump even

U.S. Department of Energy soliciting bids for crude oil to replenish petroleum reserve- oil and gas 360

U.S. Department of Energy soliciting bids for crude oil to replenish petroleum reserve

World Oil (Bloomberg) – The U.S. is soliciting bids for up to 3 MMbbl of sour crude oil to refill its depleted Strategic Petroleum Reserve.   Deliveries into the emergency government stockpile are planned for August, with awards to be announced in June, the Energy Department said in its solicitation Monday. The move marks the agency’s second attempt to begin

Total Helium provides operational update on Pinta South Project - oil and gas 360

Total Helium provides operational update on Pinta South Project

Oil and Gas 360 VANCOUVER, BC, May 16, 2023 /CNW/ – Total Helium Ltd. (TSXV: TOH), (OTCQB: TTLHF) (“Total Helium” or the “Company”) provides an operational update on its Pinta South Project.   Pipeline Construction Underway, Wells Hooked to Processing Facility As part of Total Helium’s acquisition of the Pinta South Project in Arizona, Total Helium acquired a 20% working interest in 2 producing wells