
Venezuela oil revenue projected to hit $5 billion under U.S. control
(Oil Price) – Venezuela’s oil sales, under the control of the United States for five weeks now, are set to bring $5 billion over the next few months, U.S. Energy Secretary Chris Wright told NBC News in

Venezuela oil revenue projected to hit $5 billion under U.S. control
(Oil Price) – Venezuela’s oil sales, under the control of the United States for five weeks now, are set to bring $5 billion over the next few months, U.S. Energy Secretary Chris Wright told NBC News in an interview. “Sales today are over

JERA closes $1.5-billion Haynesville shale acquisition in Louisiana
(World Oil) – JERA Co., Inc., through its subsidiary JERA Americas Inc., has

Enbridge book record-high core earnings for 2025
(Oil Price) – Canadian pipeline giant Enbridge reported record-high core earnings for

US allows oil majors to resume Venezuela operations, broadly okays new energy investments
(BOE Report) – The U.S. eased sanctions on Venezuela’s energy sector on

JERA closes $1.5-billion Haynesville shale acquisition in Louisiana
(World Oil) – JERA Co., Inc., through its subsidiary JERA Americas Inc., has completed its previously announced acquisition of upstream natural gas assets in the Haynesville shale of western Louisiana, expanding the company’s U.S. upstream and LNG-linked portfolio. The transaction gives JERA full ownership of

Enbridge book record-high core earnings for 2025
(Oil Price) – Canadian pipeline giant Enbridge reported record-high core earnings for 2025 and consensus-beating earnings for the fourth quarter amid growing demand for oil and gas egress from production centers to consumption and export hubs. Enbridge on Friday reported full-year adjusted

US allows oil majors to resume Venezuela operations, broadly okays new energy investments
(BOE Report) – The U.S. eased sanctions on Venezuela’s energy sector on Friday, issuing two general licenses that allow global energy companies to resume oil and gas operations in the OPEC member and for other companies to negotiate contracts on
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Weekly Inventories
U.S. crude oil inventories increase by 8.5 million barrels
Weekly Crude Oil Storage as of February 6, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories decrease by 249 Bcf
Natural Gas Inventories as of February 6, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count had no change is at 551
This week’s Baker Hughes Rig Count shows that the U.S. had no change last week, resulting in a total count