August 4, 2026

Register to attend the 31st EnerCom Denver – The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

August 4, 2026

(Oil & Gas 360) – Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference, featuring a broad group of public and private energy companies, and request 1×1 meetings Sponsorship opportunities are available for companies seeking to increase their market presence Recognized as the largest independent investor conference serving the global oil and gas industry and the broader

Goldman sees Brent at $80-$90 until US-Iran deal or major escalation

August 4, 2026

(BOE Report) – Goldman Sachs said on Tuesday it expects Brent crude to trade in an $80-$90 per barrel range until there is either confirmation of a new U.S.-Iran nuclear deal or a significant escalation of their conflict. The bank estimates spot Brent’s fair value at about $80 a barrel, suggesting markets are pricing in only a modest risk premium

Saudi Aramco’s adjusted profit jumps 33% as oil prices surge

August 4, 2026

(Oil Price) – Saudi Aramco saw its adjusted net income jump by 33% for the second quarter from a year earlier as high oil prices and the oil giant’s ability to re-route most crude exports more than offset the constrained flows at the Strait of Hormuz. The state giant Aramco on Tuesday reported an adjusted net income of $33.385 billion for the

ExxonMobil, Chevron use profits to cut debt amid market uncertainty

August 4, 2026

(World Oil) — ExxonMobil and Chevron used record second-quarter earnings to strengthen their balance sheets, directing billions of dollars toward debt reduction rather than significantly increasing share buybacks as geopolitical tensions continue to cloud the oil market outlook. The two U.S. supermajors more than doubled net income during the quarter, benefiting from higher crude prices and exceptionally strong refining margins following prolonged disruptions

US oil exports in July fall to lowest level in eight months, data shows

August 4, 2026

(BOE Report) – U.S. oil exports in July fell to 3.66 million barrels per day, the lowest level in eight months, ship tracking data showed, as a short-lived peace deal between the U.S. and Iran in June briefly flooded markets with Middle Eastern oil and diminished demand for American crude abroad. The U.S. had cinched the spot as the world’s

BP earnings surge to $5.7 billion on oil price and refining boom

August 4, 2026

(Oil Price) – BP more than doubled its profit for the second quarter from a year earlier on the back of higher oil and gas prices and stronger refining margins driven by the shock supply disruption in the Middle East. BP on Tuesday reported an underlying replacement cost (RC) profit, the closest metric to net profit closely watched by analysts, of $5.7

Register to attend the 31st EnerCom Denver – The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Goldman sees Brent at $80-$90 until US-Iran deal or major escalation

Saudi Aramco’s adjusted profit jumps 33% as oil prices surge

ExxonMobil, Chevron use profits to cut debt amid market uncertainty

US oil exports in July fall to lowest level in eight months, data shows

BP earnings surge to $5.7 billion on oil price and refining boom

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