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Saturday, August 22, 2026

June 10, 2026

Zephyr moves closer to first gas at Utah's Paradox project- oil and gas 360

Zephyr moves closer to first gas at Utah’s Paradox project

June 10, 2026

(World Oil) – Zephyr Energy has advanced its Paradox basin development in Utah after completing a key pipeline integrity assessment that clears the way for the regulatory approvals needed to begin exporting natural gas from the project. The company reported the successful completion of an in-line inspection (ILI) of the 20.9-mi pipeline connecting Zephyr’s Powerline Road Gas Plant to the Northwest Pipeline system operated

OPEC oil output lowest since at least 2000 as US blockade squeezes Iran, Reuters survey shows- oil and gas 360

OPEC oil output lowest since at least 2000 as US blockade squeezes Iran, Reuters survey shows

June 10, 2026

(Investing) – LONDON- OPEC oil output in May hit its lowest in more than two decades, a Reuters survey found, as a U.S. naval blockade cut Iran’s exports and Iran’s effective closure of the Strait of Hormuz slashed exports by other Gulf producers. Output by the 11-member Organization of the Petroleum Exporting Countries fell by 1.06 million barrels per day month-on-month

U.S. crude oil inventories decrease by 6.1 million barrels- oil and gas 360

U.S. crude oil inventories decrease by 7.2 million barrels

June 10, 2026

Weekly Crude Oil Storage as of June 5, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 7.2 million barrels from the previous week.  At 426.5 million barrels, U.S. crude oil inventories are 5% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data,

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