Crude Oil Archives -

Register for EnerCom Denver's 31st Annual Energy Investment Conference to be held August 17–19, 2026, in Denver, Colorado- oil and gas 360

EnerCom Denver 2026: Presentations, investor access, and the energy industry

April 22, 2026

(Oil & Gas 360) – EnerCom Denver – The Energy Investment Conference returns August 17–19, 2026, in Denver, Colorado, bringing together the energy industry’s decision-makers, capital providers, and emerging innovators. If you’re an E&P, Midstream, OFS, Minerals, or Energy Transition company, there’s still an opportunity to present. If you’re a qualified investor, this is one of the few forums where you

Greenland, big oil bet or Arctic mirage?

April 22, 2026

(By Oil & Gas 360) – Greenland has been called the next frontier in oil and gas for decades. What’s changing now is that the conversation is shifting from possibility to relevance. As global supply becomes more fragmented and geopolitical risk reshapes energy flows, previously overlooked regions are coming back into focus. Greenland sits squarely in that category, remote, complex,

Trump weighs extending the Jones Act waiver to ease fuel prices

April 22, 2026

(Oil Price) – U.S. President Donald Trump is considering extending the two-month waiver of the Jones Act to ease fuel prices that have spiked following the war in Iran, Axios reported on Wednesday, citing U.S. officials. The Merchant Marine Act of 1920, also known as the Jones Act, requires that no vessel may transport any merchandise by water, by land

China’s oil giants begin selling crude as refinery cuts deepen

April 22, 2026

(Oil Price) – The trading arms of some of China’s biggest state-owned oil giants have started selling crude for May loadings in a rare move from the majors that have cut refinery rates in response to soaring oil prices and constrained crude supply from the Middle East. Sinopec, the world’s biggest refiner by capacity, and Sinochem Group have already sold

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

U.S. crude oil inventories increase by 1.9 million barrels

April 22, 2026

Weekly Crude Oil Storage as of April 17, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.9 million barrels from the previous week. At 465.7 million barrels, U.S. crude oil inventories are 3% above the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data,

Netherland, Sewell, & Associates Announces its Oil & Gas Property Evaluation Seminar, Dallas, Texas, May 12-13, 2026- oil and gas 360

Netherland, Sewell, & Associates, Inc. (NSAI) Announces its Oil & Gas Property Evaluation Seminar in Dallas, Texas – May 12-13, 2026

April 21, 2026

(Oil & Gas 360) – April 21, 2026- For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. (NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar. This content-rich program is designed to give non-technical energy professionals such as bankers, investors, analysts, lawyers, accountants, and new oil and gas industry professionals a basic education detailing

OPEC+: Market stabilizer, or a structural drag on the global economy?

April 21, 2026

(Oil & Gas 360) – By Greg Barnett, MBA – OPEC+ was once sold as a stabilizing force in global energy markets, a mechanism through which oil‑producing nations could smooth volatility, protect investment, and prevent destructive price collapses. That argument made sense when oil demand was rising rapidly, capital was scarce, and non‑OPEC supply was marginal. None of those conditions hold

Saudi Arabia February crude exports up, output highest since 2022, JODI says

April 21, 2026

(BOE Report) – Saudi Arabia’s crude oil exports rose to 7.276 million barrels per day in February, from 6.993 million bpd in January, while crude output hit its highest level since October 2022, Joint Organizations Data Initiative (JODI) data showed on Tuesday. Saudi production in February was about 10.882 million bpd, the JODI data showed, up from 10.100 million bpd

Oil prices edge lower with U.S.-Iran talks in focus ahead of ceasefire expiry

April 21, 2026

(Investing) – Oil prices fell on Tuesday as markets parsed mixed signals on fresh U.S.-Iran talks before the expiry of a temproary ceasefire later this week. Brent oil futures, the global benchmark, were last lower by 0.5% at $94.95 a barrel, while U.S. West Texas Intermediate crude futures for May had dropped 1.8% to $88.04 a barrel. Crude prices had risen

Energy Market Assessment: Our predictions, Strait of Hormuz safely opens in 3-4 weeks

April 20, 2026

(Oil & Gas 360) By Michael Smolinski – Our Predictions: Strait Of Hormuz Safely Open In 3-4 Weeks, We’ve Seen Retail Oil Price Highs, Much Higher Natural Gas Prices Will Follow April Lows. Operation Epic Fury jumped retail oil prices to burdensome highs. Responses to Operation Epic Fury include the Weekly California No. 2 Diesel retail price jumping

Iran’s GDP drain grows as maritime blockades tighten financial pressure points

April 20, 2026

(Oil & Gas 360) By Greg Barnett, MBA – Iran’s economy is absorbing a fast‑widening financial shock as the combined impact of the Strait of Hormuz blockade and Red Sea disruptions sharply constrains oil exports, trade flows, and access to hard currency. Analysts tracking sanctions enforcement and maritime traffic estimate the immediate economic damage at roughly $435 million per day, with

Colombia’s energy balancing act: Production strength, investment uncertainty, and political risk

April 20, 2026

(By Oil & Gas 360) – Colombia’s oil and gas sector is at a turning point. It remains one of Latin America’s more established producers, with meaningful output, functioning infrastructure, and a strong national oil company. At the same time, policy direction, political uncertainty, and declining reserves are reshaping how investors view the country. What used to be a relatively straightforward upstream

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