(Oil Price) – Saudi Arabia has boosted its crude oil exports from Egypt’s Mediterranean port of Sidi Kerir by about 33% in the month since the Houthis threatened Saudi oil shipments in the southern Red Sea and the Bab el-Mandeb Strait, tanker-tracking data compiled by Bloomberg showed on Friday. Saudi state oil giant Aramco, the world’s single largest crude oil exporter, has
This week’s Baker Hughes Rig Count shows that the U.S. decreased by 5 last week, resulting in a total count of 588 rigs. Canada decreased by 2 over last week, resulting in a total Canadian count of 216 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Eagle Ford and the Permian experienced an increase this week.
(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
(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
Natural Gas Inventories as of August 7, 2026 The EIA has released its natural gas inventory report, showing a net increase of 36 Bcf as of August 7, 2026. Working gas in storage was 3,153 Bcf as of Friday, August 7, 2026, according to EIA estimates. This represents a net increase of 36 Bcf from the previous week. Stocks were
(BOE Report) – • Navin Mahajan to retire after nearly 30 years with the company • Uriel “Ose” Oseguera named Treasurer of Chevron HOUSTON–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX) today announced the election of Uriel “Ose” Oseguera as Treasurer, effective November 1, 2026. Oseguera succeeds Navin Mahajan, who will retire from Chevron after nearly 30 years of service. As Treasurer, Oseguera will
(World Oil) – Saudi Arabia reported to OPEC that it increased crude oil production by just over 1 million barrels a day (MMbpd) last month, a reflection of the recovery among Persian Gulf producers during a brief ceasefire in the Iran war. The kingdom told the group it pumped 8.2 MMbpd of crude in July, up from 7.1 MMbpd in the
Weekly Crude Oil Storage as of August 7, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 17.4 million barrels from the previous week. At 424.4 million barrels, U.S. crude oil inventories are 2% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data,
(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
(Investing) – Oil prices edged up to a one-week high on Tuesday as doubts about a potential U.S.-Iran peace deal fueled concerns that Middle East supply disruptions would persist. Brent futures rose $1.19, or 1.4%, to settle at $88.91 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.07, or 1.3%, to settle at $83.20. Those were the highest closes for
(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
(Oil & Gas 360) – Vancouver, BC – August 10, 2026 – CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) (“CanCambria” or the “Company”) is pleased to announce a significant increase in the value of the Company’s independent contingent resource evaluation for its deep gas project, located on the Company’s 100% WI, BA-IX Mining Plot and Kiskunhalas Concession Area (“KCA”),
