Maduro offered Venezuela’s oil to Trump to avoid conflict with U.S.
(Oil Price) – The administration of Venezuelan leader Nicolás Maduro has offered to open up Venezuela’s oil and gold projects to U.S. companies in an attempt to appease the Trump Administration and avoid conflict, the
Maduro offered Venezuela’s oil to Trump to avoid conflict with U.S.
(Oil Price) – The administration of Venezuelan leader Nicolás Maduro has offered to open up Venezuela’s oil and gold projects to U.S. companies in an attempt to appease the Trump Administration and avoid conflict, the New York Times reported on Friday, quoting multiple
Sable Offshore seeks Trump’s support to advance stalled California offshore oil project
(World Oil) – Sable Offshore Corp. is seeking the Trump administration’s help
Canada PM Carney says Keystone XL pipeline could boost US-Canada ties
(Investing) – Canadian Prime Minister Mark Carney indicated on Friday that reviving the
Iran and Russia discuss boosting nuclear energy cooperation
(Oil Price)– Russia and Iran this week discussed boosting their cooperation in
Sable Offshore seeks Trump’s support to advance stalled California offshore oil project
(World Oil) – Sable Offshore Corp. is seeking the Trump administration’s help to jumpstart a California oil project stalled by red tape. The Houston-based company’s effort to tap hundred of millions of barrels of crude off the coast of Santa
Canada PM Carney says Keystone XL pipeline could boost US-Canada ties
(Investing) – Canadian Prime Minister Mark Carney indicated on Friday that reviving the proposed Keystone XL oil pipeline from Alberta to the United States could help strengthen energy cooperation between the two countries. “There are many possible projects, including Keystone XL,”
Iran and Russia discuss boosting nuclear energy cooperation
(Oil Price)– Russia and Iran this week discussed boosting their cooperation in nuclear energy, including in building small nuclear reactors (SMRs) in the Islamic Republic, Iranian media report. Mohammad Eslami, director of the Atomic Energy Organization of Iran (AEOI), discussed
Company to watch
Weekly Inventories
U.S. crude oil inventories increase by 3.7 million barrels
Weekly Crude Oil Storage as of October 3, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.7 million barrels from the previous week. At 420.3 million barrels, U.S. crude oil inventories are 4%
Weekly Gas Storage: Inventories increase by 80 Bcf
Natural Gas Inventories as of October 3, 2025 The EIA has released its natural gas inventory report, showing a net increase of 80 Bcf as of October 3, 2025. Working gas in storage was 3,641 Bcf as of Friday, October
U.S. rig count decreased by 2 is at 547
This week’s Baker Hughes Rig Count shows that the U.S. decreased by 2 last week, resulting in a total count of 547 rigs. Canada had an increase of 3 over last week, resulting in a total Canadian count of 193
