Republicans declare ‘Coal Week’ as fossil-fuel agenda goes into overdrive
(Oil Price) – Republican lawmakers on Monday moved to declare Coal Week, amplifying the Trump administration’s push to expand U.S. coal output and keep aging plants online, the Washington Times reported. The resolution coincides with new executive
Republicans declare ‘Coal Week’ as fossil-fuel agenda goes into overdrive
(Oil Price) – Republican lawmakers on Monday moved to declare Coal Week, amplifying the Trump administration’s push to expand U.S. coal output and keep aging plants online, the Washington Times reported. The resolution coincides with new executive actions to “reinvigorate” coal, including directives
US natural gas exports to Mexico hit record highs, EIA says
(BOE Report) – U.S. natural gas pipeline exports to Mexico averaged 7.5
SLB exceeds profit expectations on strong North American demand
(Oil Price) – The world’s biggest oilfield services provider, SLB (NYSE: SLB), on
North Sea recoverable oil and gas resources rise 31% after last licensing round, new report shows
(World Oil) – The UK’s remaining proven and probable oil and gas reserves
US natural gas exports to Mexico hit record highs, EIA says
(BOE Report) – U.S. natural gas pipeline exports to Mexico averaged 7.5 billion cubic feet per day (bcfd) in May 2025, the most of any month on record as Mexico’s demand for natural gas increases, the U.S. Energy Information Administration
SLB exceeds profit expectations on strong North American demand
(Oil Price) – The world’s biggest oilfield services provider, SLB (NYSE: SLB), on Friday reported higher-than-expected earnings for the third quarter as revenue from its North American business jumped by 17% from the second quarter and by 14% from a year
North Sea recoverable oil and gas resources rise 31% after last licensing round, new report shows
(World Oil) – The UK’s remaining proven and probable oil and gas reserves were estimated at 2.9 billion barrels of oil equivalent (Bboe) at the end of 2024, according to the latest Reserves and Resources Report published by the North Sea Transition
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Weekly Inventories
U.S. crude oil inventories increase by 3.5 million barrels
Weekly Crude Oil Storage as of October 10, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.5 million barrels from the previous week. At 423.8 million barrels, U.S. crude oil inventories are 4%
Weekly Gas Storage: Inventories increase by 80 Bcf
Natural Gas Inventories as of October 10, 2025 The EIA has released its natural gas inventory report, showing a net increase of 80 Bcf as of October 10, 2025. Working gas in storage was 3,721 Bcf as of Friday, October
U.S. rig count increased by 1 is at 548
This week’s Baker Hughes Rig Count shows that the U.S. increased by 1 last week, resulting in a total count of 548 rigs. Canada had an increase of 5 over last week, resulting in a total Canadian count of 198
