Wednesday, June 3, 2026
Goldman: The Boom Years of U.S. Oil Output Growth Are Over- oil and gas 360

Goldman: The boom years of U.S. oil output growth are over

(Oil Price)– The years of very rapid growth in U.S. crude oil production are behind us, in large part due to the maturing of the biggest growth engine, the Permian, according to Goldman Sachs. The investment bank expects declines in America’s crude oil output for this year and next because of the lower oil prices, Daan Struyven, oil research head

Oil prices in mid-$60s put U.S. shale profits in danger zone, investors say- oil and gas 360

Oil prices in mid-$60s put U.S. shale profits in danger zone, investors say

(World Oil)– Activity is slowing in U.S. oil fields as drillers remain in the crude-price danger zone for profits, according to one of the biggest investors of private operators in the shale patch. “In the mid-$60s, you get dangerously close to where oil prices don’t really drive appropriate returns for new drilling,” Dwight Scott, who joined Quantum Capital Group at

Guyana Scales Back Borrowing as Elections Test Oil Boom Stability- oil and gas 360

Guyana scales back borrowing as elections test oil boom stability

(Oil Price)– Guyana’s government will reduce external borrowing for major infrastructure projects, Vice President Bharrat Jagdeo said, citing the country’s swelling oil revenues and a growing push for fiscal restraint. Speaking at a press briefing, Jagdeo said new revenue flows made it unnecessary to pursue as many external loans for transport and energy projects as previously planned, adding, “We have

Freeport LNG export plant in Texas on track to return to full power, LSEG data shows- oil and gas 360

Freeport LNG export plant in Texas on track to return to full power, LSEG data shows

(BOE Report)– U.S. liquefied natural gas company Freeport LNG’s export plant in Texas was on track to take in more natural gas on Thursday, two days after one of the plant’s three liquefaction trains shut, according to a company filing with state regulators and gas flow data from financial firm LSEG.   Freeport told Texas environmental regulators on Wednesday that

Oil prices gain on geopolitical risks, inventory worries- oil and gas 360

Oil prices gain on geopolitical risks, inventory worries

(Investing) – LONDON – Oil prices rose on Thursday, even as global trade tensions appeared to cool, with analysts pointing to low inventories and renewed Middle East risks as factors supporting the market. Brent crude futures were up 31 cents, or around 0.5%, to $68.83 a barrel at 1203 GMT. U.S. West Texas Intermediate crude futures were up 61 cents, or 0.9%,

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 46 Bcf

Natural Gas Inventories as of July 11, 2025 The EIA has released its natural gas inventory report, showing a net increase of 46 Bcf as of July 11, 2025. Working gas in storage was 3,052 Bcf as of Friday, July 11, 2025, according to EIA estimates. This represents a net increase of 46 Bcf from the previous week. Stocks were