Crude Oil Archives -

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver – The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

July 31, 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 Sponsorship opportunities are available for companies seeking to increase their market presence DENVER – July 31, 2026 – EnerCom, Inc. (“EnerCom”) is pleased to announce that Beth McDonald, President & CEO of industry

360 Energy Pulse: What mattered this week in energy

July 31, 2026

(By Oil & Gas 360) – This week highlighted the growing gap between short-term market volatility and long-term industry investment. Oil prices whipsawed on renewed U.S.–Iran tensions before retreating as military action paused, while natural gas markets softened on record production. Yet behind the daily price swings, companies continued committing billions of dollars to LNG, pipelines, upstream developments, and natural

The three-legged stool: Agriculture, oil & gas, and pharmaceuticals

July 31, 2026

(Oil & Gas 360) By Greg Barnett, MBA – Politicians, activists, industry groups, and media commentators all love the word subsidy. It is a powerful term because it implies dependence. If an industry receives subsidies, the assumption is that it survives only because taxpayers prop it up. The reality is far more complicated. Agriculture, oil and gas, and pharmaceuticals are three

Petrobras sets production record of 3.34 MMboed in second quarter

July 31, 2026

(World Oil) — Petrobras increased its oil and natural gas production 14.1% year over year to a record 3.34 MMboed in the second quarter of 2026, driven by the continued ramp-up of major pre-salt developments in the Santos basin and improved operational efficiency across its offshore portfolio. Production also rose 3.4% from the first quarter as the company benefited from increasing

U.S. rig count increased by 7, is at 580- oil and gas 360

U.S. rig count increased by 1, is at 588

July 31, 2026

This week’s Baker Hughes Rig Count shows that the U.S. increased by 1 last week, resulting in a total count of 588 rigs. Canada increased by 15 over last week, resulting in a total Canadian count of 219 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Eagle Ford, Marcellus, and the Permian experienced an increase this

EnerCom Releases Presenter Lineup for the 31st EnerCom Denver – The Energy Investment Conference, August 17–19, 2026, in Denver, Colorado

July 30, 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 Sponsorship opportunities are available for companies seeking to increase their market presence DENVER – July 23, 2026 – EnerCom, Inc. (“EnerCom”) is pleased to publish presentation times for participating companies on the conference

Beyond the salt caverns: Has America Quietly Built a New Strategic Petroleum Reserve?

July 30, 2026

(Oil & Gas 360) By Greg Barnett, MBA – In 1975, America responded to energy insecurity by storing oil underground. Fifty years later, America may have responded to the same challenge in a very different way. Not by abandoning the Strategic Petroleum Reserve. By surrounding it with an energy system its creators could scarcely have imagined. That may sound like

bp adds TPAO to Kirkuk oil field redevelopment partnership in Iraq

July 29, 2026

(World Oil) – bp has agreed to bring Türkiye Petrolleri Anonim Ortaklığı (TPAO) into its Kirkuk redevelopment project in northern Iraq, with the Turkish national oil company acquiring a 15% interest in BP Energy Company of Kirkuk Limited (BP ECKL). The agreement, signed during Iraqi Prime Minister Ali Al-Zaidi’s official visit to Türkiye, builds on a strategic cooperation memorandum of understanding signed by bp and TPAO

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

July 29, 2026

Weekly Crude Oil Storage as of July 24, 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 404.5 million barrels, U.S. crude oil inventories are 7% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data,

Asia is rewriting the global energy map

July 28, 2026

(By Oil & Gas 360) – The global energy landscape continues to evolve at an unprecedented pace, with Asia emerging as the epicenter of the industry’s transformation. Shifting geopolitical dynamics, evolving trade corridors, changing production policies, and rising energy demand are creating a market that is more interconnected and more volatile than at any point in recent history. For investors,

OPEC+ prepares to stop raising oil output targets

July 28, 2026

(Oil Prices) – OPEC+ is preparing to approve one more production increase for September and then put the monthly quota parade on hold through the end of the year. Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan, and Oman are expected to raise their combined September target by about 188,000 barrels per day when they meet on August 2, sources told Reuters.

Baker Hughes flags lower spending by oil and gas producers in 2026

July 28, 2026

(BOE Report) – Baker Hughes said on Monday it expects annual global spending by oil and gas producers to decline modestly this year, with growth in Latin America, offshore Africa, and North America land offset by lower spending in Europe and the Middle East. The Middle East conflict has dominated energy markets this year, with repeated flare-ups in tensions between

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