(By Oil & Gas 360) – The first phase of the U.S.–Iran conflict has exposed immediate stress in refined product markets. The second phase is already taking shape, and it is less about price spikes and more about how fuel actually moves around the world. Global trade flows are being rewritten in real time. As Middle East supply becomes less reliable,
(Oil Price) – Chevron, Microsoft, and Engine No. 1 are negotiating a team-up for a multi-billion power plant in West Texas intended to power a huge data center campus, in the latest energy deal to power AI infrastructure. “Chevron, Microsoft, and Engine No. 1 have entered into an exclusivity agreement related to a proposed power generation and electricity offtake arrangement,” the
(World Oil) – Liberty Energy Inc. has raised $525 million through a private offering of 0.00% convertible senior notes due 2032, marking its second such financing move this year as the company looks to maintain financial flexibility. The notes were sold to qualified institutional buyers under Rule 144A. In connection with the offering, Liberty also entered into privately negotiated capped-call transactions
(Oil & Gas 360) – EnerCom, Inc., a leading energy communications and consulting firm, has expanded its Oil & Gas 360® Premium subscription service, offering energy investors and industry professionals access to deeper analytics, valuation tools, and market intelligence designed to support better, faster decision-making. Here’s a quick walkthrough of how to make the most of your Premium access: 1.
Weekly Crude Oil Storage as of March 27, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 5.5 million barrels from the previous week. At 461.6 million barrels, U.S. crude oil inventories are 0.1% above the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data,
(Investing) – HOUSTON/CARACAS – Venezuelan interim President Delcy Rodriguez’s administration is getting ready to take over the boards of state oil firm PDVSA’s U.S. subsidiaries, including Citgo Petroleum, four sources close to the preparations said. The move could aggravate a tug of war for the control of the seventh-largest U.S. refiner. Washington in March recognized Rodriguez as Venezuela’s leader following the
