Tuesday, September 2, 2025
Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 48 Bcf

Natural Gas Inventories as of July 25, 2025 The EIA has released its natural gas inventory report, showing a net increase of 48 Bcf as of July 25, 2025. Working gas in storage was 3,123 Bcf as of Friday, July 25, 2025, according to EIA estimates. This represents a net increase of 48 Bcf from the previous week. Stocks were

U.S. crude oil inventories increase by 0.5 million barrels- oil and gas 360

U.S. crude oil inventories increase by 7.7 million barrels

Weekly Crude Oil Storage as of July 25, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 7.7 million barrels from the previous week.  At 426.7 million barrels, U.S. crude oil inventories are 6% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data,

Nuclear Energy Newcomers Electrify Final Day of EnerCom’s 30th Anniversary Energy Investment Conference - oil and gas 360

Nuclear energy newcomers electrify final day of EnerCom’s 30th anniversary Energy Investment Conference

(Oil & Gas 360) – Five Nuclear Companies to Present at EnerCom Denver – The Energy Investment Conference  Qualified Investors, Analysts and Energy Industry Professionals Can Register at No Cost at www.enercomdenver.com    DENVER – July 23, 2025 – EnerCom, Inc., a leading energy consulting and strategic communications firm, announces an unprecedented lineup of nuclear energy companies scheduled to present on Wednesday, August 20,

U.S. natural gas prices upside likely in 2026 - Morgan Stanley- oil and gas 360

U.S. natural gas prices upside likely in 2026 – Morgan Stanley

(Investing) – U.S. natural gas prices have fallen back of late, reflecting a lingering storage surplus and a milder shift in summer weather, but Morgan Stanley still sees more upside in 2026. At 09:05 ET (13:05 GMT), natural gas prices rose 2.4% to $3.138 per million British thermal units, or MMBtu, but are down around 9% over the course of the last month

Mexico proposes debt offering to help Pemex- oil and gas 360

Mexico proposes debt offering to help Pemex

(World Oil) – Mexico kicked off a debt offering to support beleaguered state-owned oil company Petroleos Mexicanos. The offering will consist of dollar-denominated debt maturing August 2030, according to a person familiar with the matter. Initial price talks are around 200 basis points over U.S. Treasuries, added the person, who requested anonymity because the information is private. The deal will

Oil rises 2% on US-EU trade deal, Trump’s shorter deadline for Russia- oil and gas 360

Oil rises 2% on US-EU trade deal, Trump’s shorter deadline for Russia

(Investing) – NEW YORK -Oil prices rose 2% on Monday after a trade deal between the U.S. and the European Union, and U.S. President Donald Trump’s announcement that he would shorten the deadline for Russia to end its war in Ukraine or face sanctions. Brent crude futures were up $1.36, or 2%, at $69.80 a barrel by 10:58 a.m. EDT (1458 GMT),

US Gulf refiners seek MidEast, S.American oil to offset Venezuela, Mexico losses- oil and gas 360

US Gulf refiners seek MidEast, S.American oil to offset Venezuela, Mexico losses

(BOE Report) – U.S. Gulf Coast refiners are snapping up higher volumes of Middle Eastern and South American crudes to offset the loss of Venezuelan and Mexican barrels, according to ship tracking data, a workaround solution that might be short-lived if the U.S. allows some sanctioned Venezuelan crude to return to the market. The shake-up in trade flows reflects a

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

U.S. rig count decreased by 2 is at 542

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 2over last week, resulting in a total count of 542 rigs. Canada had an increase of 10 over last week, resulting in a total Canadian count of 182 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the DJ-Niobrara and the Haynesville regions experienced an increase

Central banks, like the Fed or ECB, use interest rates to keep inflation in check. Lower interest rates reduce consumer borrowing costs and can boost economic growth and demand for oil. In China, the world’s second biggest economy, fiscal revenue dipped 0.3% in the first six months from a year earlier, the finance ministry said on Friday, maintaining the rate of decline seen between January and May. GROWING SUPPLIES? The U.S. is preparing to allow partners of Venezuela’s state-run PDVSA, starting with U.S. oil major Chevron (NYSE:CVX), to operate with limitations in the sanctioned nation, sources said on Thursday. That could boost Venezuelan oil exports by a little more than 200,000 barrels per day (bpd), which would be welcome news for U.S. refiners, as it would ease tightness in the heavier crude market, ING analysts wrote. In the Middle East, Iran said it would continue nuclear talks with European powers after "serious, frank, and detailed" conversations on Friday, the first such face-to-face meeting since Israel and the U.S. bombed Iran last month. Venezuela and Iran are members of the Organization of the Petroleum Exporting Countries (OPEC). Any deal that could increase the amount of oil either sanctioned country could export would boost the amount of crude available to global markets. A meeting of the Joint Ministerial Monitoring Committee, which includes top ministers from OPEC and allies like Russia, a group known as OPEC+, is scheduled for 1200 GMT on Monday.- oil and gas 360

Oil prices ease as negative economic news offsets trade optimism

(Investing) – NEW YORK -Oil prices eased on Friday on negative economic news from the United States and China and signs of growing supply despite optimism U.S. trade deals could boost global economic growth and oil demand in the future. Brent crude futures fell 32 cents, or 0.5%, to $68.86 a barrel by 11:02 a.m. EDT (1502 GMT), while U.S. West Texas

US prioritizes recovery of critical minerals from mine waste- oil and gas 360

US prioritizes recovery of critical minerals from mine waste

(Investing) – WASHINGTON -The U.S. Interior Department on Thursday took steps to increase recovery of critical minerals, used in everything from electric vehicles to high-tech weapons, from mine waste, coal refuse, tailings and abandoned uranium mines. Interior Secretary Doug Burgum directed his department to streamline federal regulations on the recovery of the minerals such as rare earths, lithium and cobalt from

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 23 Bcf

Natural Gas Inventories as of July 18, 2025 The EIA has released its natural gas inventory report, showing a net increase of 23 Bcf as of July 18, 2025. Working gas in storage was 3,075 Bcf as of Friday, July 18, 2025, according to EIA estimates. This represents a net increase of 23 Bcf from the previous week. Stocks were

Dealmaking in US upstream oil and gas tumbles as volatility rattles investors- oil and gas 360

Dealmaking in US upstream oil and gas tumbles as volatility rattles investors

(Investing) – HOUSTON -Volatility across energy and equity markets spooked investors in the second quarter, slowing the pace of mergers and acquisitions in the U.S. upstream oil and gas sector, analytics firm Enverus said on Wednesday. The slump in dealmaking follows a series of blockbuster takeovers by oil and gas majors in recent years, which culminated in a record $192 billion