Tuesday, June 2, 2026
360 Energy Pulse: What mattered this week in energy

360 Energy Pulse: What mattered this week in energy

(Oil & Gas 360) – Energy markets are balancing on a narrow edge. Prices moved sharply again this week as escalation and diplomacy pulled in opposite directions, while deeper structural signals, from tightening inventories to long-term gas constraints, continue to build. The short-term story is volatility. The longer-term story is tightening supply. THIS WEEK’S 5 HEADLINES THAT MATTERED 1. Oil

Netherland, Sewell, & Associates Announces its Oil & Gas Property Evaluation Seminar, Dallas, Texas, May 12-13, 2026- oil and gas 360

Netherland, Sewell, & Associates, Inc. (NSAI) Announces its Oil & Gas Property Evaluation Seminar in Dallas, Texas – May 12-13, 2026

(Oil & Gas 360) – April 21, 2026- For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. (NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar. This content-rich program is designed to give non-technical energy professionals such as bankers, investors, analysts, lawyers, accountants, and new oil and gas industry professionals a basic education detailing

From Panic to Ruin to Revolution: How the 1970s Oil Shock, Iran’s Upheaval, and the 1980s Crash Still Govern American Energy Power- oil and gas 360

From Panic to Ruin to Revolution: How the 1970s Oil Shock, Iran’s Upheaval, and the 1980s Crash Still Govern American Energy Power

(Oil & Gas 360) By Greg Barnett, MBA – The modern American oil and gas system was not engineered in calm conditions. It was forged amid gasoline lines, collapsing banks, and geopolitical revolutions that redirected the flow of oil and power simultaneously. The 1973 oil embargo and the 1980s oil crash are usually treated as bookends of a turbulent era. They

Citi sees continued oil market volatility tied to Iran conflict- oil and gas 360

Citi sees continued oil market volatility tied to Iran conflict

(World Oil) –  Oil prices will continue to fluctuate wildly until it’s clear whether Iran and President Donald Trump will strike an agreement to end the war, according to Citigroup Inc.’s global head of commodities research. “It’s very difficult to predict” if Iran is going to do a deal, Citigroup’s Max Layton said Thursday. “In that environment where you basically don’t

U.S. and South Africa discuss potential critical mineral deals- oil and gas 360

U.S. and South Africa discuss potential critical mineral deals

(Oil Price) – Despite tense bilateral relations, the United States and South Africa held this week their highest-level meeting so far this year to discuss potential resource deals in critical minerals, the Financial Times reported on Friday, quoting attendees of the meeting in Johannesburg. The two countries have been in tense relations since U.S. President Donald Trump took office for his second term

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count increased by 1, is at 548

This week’s Baker Hughes Rig Count shows that the U.S. increased by 1 last week, resulting in a total count of 548 rigs. Canada increased by 1 over last week, resulting in a total Canadian count of 124 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford, and Permian regions experienced an increase this week.

Canada’s Enbridge tops profit estimates on gas transmission strength- oil and gas 360

Canada’s Enbridge tops profit estimates on gas transmission strength

(BOE Report) – Enbridge reported first-quarter adjusted profit on Friday that surpassed analysts’ expectations as robust performance in its gas transmission and utility businesses offset softer results in its liquids pipelines segment. The pipeline operator is benefiting from rising demand for natural gas, utility infrastructure and power supply for data centers, allowing it to generate steady growth despite geopolitical tensions and

Oil gains as U.S.-Iran tensions near Hormuz offset strong U.S. jobs data- oil and gas 360

Oil gains as U.S.-Iran tensions near Hormuz offset strong U.S. jobs data

(Investing) – Oil prices edged higher on Friday after U.S. and Iranian forces exchanged fire near the Strait of Hormuz. Despite the escalation, President Donald Trump maintained that the month-old ceasefire was still in place, with Brent crude remaining above $100 per barrel. As of 08:30 ET, Brent Oil Futures was marginally up 0.2% to $100 per barrel, while West Texas Intermediate (WTI)