Saturday, August 30, 2025
U.S. crude oil inventories increase by 0.5 million barrels- oil and gas 360

U.S. crude oil inventories decrease by 0.4 million barrels

Weekly Crude Oil Storage as of May 7, 2021   U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 0.4 million barrels from the previous week. At 484.7 million barrels, U.S. crude oil inventories are about 2% below the five year average for this time of year, according to the EIA crude oil and petroleum

Big Oil and its green ambitions could be about to get a serious reality check- oil and gas 360

Big Oil and its green ambitions could be about to get a serious reality check

CNBC LONDON — The month of May promises to be a ground-breaking one for Big Oil. Oil and gas majors on both sides of the Atlantic are preparing to hold their annual shareholder meetings in the coming weeks. It comes at a time when the world’s largest corporate emitters are under immense pressure to set short, medium and long-term emissions

OPEC pins oil demand hopes on second-half recovery as India dents Q2- oil and gas360

OPEC pins oil demand hopes on second-half recovery as India dents Q2

Reuters LONDON – OPEC on Tuesday stuck to its prediction of a strong recovery in world oil demand in 2021 as growth in China and the United States counters the coronavirus crisis in India, an outlook that bolsters the group’s plan to gradually ease output cuts. In a monthly report, the Organization of the Petroleum Exporting Countries said demand will

U.S. fuel supplies tighten as pipeline outage drags on- oil and gas 360

U.S. fuel supplies tighten as pipeline outage drags on

Reuters Supplies of gasoline tightened further in parts of the United States on Tuesday as the shutdown of the nation’s biggest fuel pipeline by hackers entered its fifth day, raising concern about price spikes at the pumps heading into the summer driving season. Source: Reuters The Colonial Pipeline said it was working to “substantially” resume operations by the end of

Registration is open for The Oil & Gas Conference®, August 15-18, 2021 in Denver, Colorado- oil and gas 360

Registration is open for The Oil & Gas Conference®, August 15-18, 2021 in Denver, Colorado

EnerCom’s 26th The Oil & Gas Conference® brings a broad group of public and private energy companies, energy analysts, industry leaders and investors to Denver, Aug. 15-18, 2021. DENVER – May 4, 2021 (PR Newswire) Institutional investors, portfolio managers, financial analysts, CIOs and other investment community professionals who invest in the energy space should register now for The Oil &

Low carbon world needs $1.7 trillion in mining investment- oil and gas 360

Low carbon world needs $1.7 trillion in mining investment

Reuters LONDON – Mining companies need to invest nearly $1.7 trillion in the next 15 years to help supply enough copper, cobalt, nickel and other metals needed for the shift to a low carbon world, according to consultancy Wood Mackenzie.     The United States, Britain, Japan, Canada and others raised their targets on cutting carbon emissions to halt global

Traders book tankers in Europe to ship gasoline across Atlantic after Colonial shutdown- oil and gas 360

Traders book tankers in Europe to ship gasoline across Atlantic after Colonial shutdown

Reuters LONDON – Traders provisionally booked at least six tankers to ship gasoline from Europe to U.S. destinations following a cyber attack that shut the United States’ top fuel pipeline network, Refinitiv Eikon data showed on Monday. Source: Reuters The attack forced the Colonial Pipeline to shut down its entire system on Friday, stoking expectations of gasoline shortages along the