(By Oil & Gas 360) – (Part I) Oil markets are once again confronting a question they have not seriously faced in years: what happens when a major global supply artery is suddenly threatened. Prices have surged toward $100 per barrel after Iran’s new leadership signaled that the Strait of Hormuz could remain closed as tensions in the Middle East
(Oil & Gas 360) By Greg Barnett, MBA Why 300–400 million barrels is politically huge, and physically small. In a true Strait of Hormuz disruption, the right unit is not “barrels held.” It is “days of solvency”, the time until forced rationing, refinery run cuts, or demand destruction. This section uses IEA chokepoint data to translate SPR headlines into a
(Investing) – WASHINGTON – The Trump administration is considering waiving the century-old Jones Act for a limited period to ensure energy and agricultural shipments can move freely between U.S. ports, press secretary Karoline Leavitt said on Thursday, in a bid to combat Iran-related supply disruptions. “In the interest of national defense, the White House is considering waiving the Jones Act for
(BOE Report) – Iranian crude oil has continued to flow through the Strait of Hormuz at a near-normal pace even as Tehran-linked attacks on ships in the narrow waterway have decimated exports from other Gulf countries, a Reuters review of tanker tracking data showed. Iran has exported about 13.7 million barrels of crude oil since Israel and the U.S. launched
(Oil Price) – Germany-based utility giant RWE is expanding its U.S. portfolio beyond renewables, focusing a large part of planned $19 billion investments in the United States by 2031 on gas-fired power generation. RWE – which ditched U.S. offshore wind last year after the Trump Administration signaled renewables would not be a priority and wouldn’t be supported going forward – is now betting
(Investing) – Oil prices rose sharply Thursday, cresting above the key $100 per barrel level, after new Iranian Supreme Leader Mojtaba Khamenei warned that a critical waterway for global shipping will remain closed as the U.S. and Israel continue an assault of the country. Khamenei — the son of former leader Ali Khamenei, who slain at the outset of the U.S.
Natural Gas Inventories as of March 6, 2026 The EIA has released its natural gas inventory report, showing a net decrease of 38 Bcf as of March 6, 2026. Working gas in storage was 1,848 Bcf as of Friday, March 6, 2026, according to EIA estimates. This represents a net decrease of 38 Bcf from the previous week. Stocks were
