Monday, August 25, 2025
Oil prices rise as traders weigh supply risks- oil and gas 360

Oil prices rise as traders weigh supply risks

(Investing) – LONDON -Oil prices climbed on Monday as traders weighed concerns that Russian supply could be disrupted by more U.S. sanctions and Ukrainian attacks targeting energy infrastructure in Russia. Brent crude futures were up 40 cents, or 0.6%, to $68.13 by

Trump withholds Venezuelan oil approval for non-U.S. majors- oil and gas 360

Trump withholds Venezuelan oil approval for non-U.S. majors

(World Oil) – The Trump administration is withholding approval for several Western oil majors seeking to operate in Venezuela, ramping up pressure on Nicolás Maduro’s government even as Chevron Corp. is allowed to work there, according to people familiar with the

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Weekly Inventories

U.S. crude oil inventories increase by 3 million barrels

Weekly Crude Oil Storage as of August 8, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3 million barrels from the previous week.  At 426.7 million barrels, U.S. crude oil inventories are 6%

Weekly Gas Storage: Inventories increase by 13 Bcf

Natural Gas Inventories as of August 15, 2025 The EIA has released its natural gas inventory report, showing a net increase of 13 Bcf as of August 15, 2025. Working gas in storage was 3,199 Bcf as of Friday, August

U.S. rig count decreased by 1 is at 538

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 1 last week, resulting in a total count of 538 rigs. Canada had a decrease of 3 over last week, resulting in a total Canadian count of 180