Wednesday, April 29, 2026
UAE exit shakes OPEC’s grip on oil markets- oil and gas 360

UAE exit shakes OPEC’s grip on oil markets

(By Oil & Gas 360) – The United Arab Emirates stepping away from OPEC and the broader OPEC+ framework would mark one of the most consequential shifts in oil market governance in decades. For a group that has long relied on cohesion, quota discipline, and the political alignment of its core Gulf members, the loss of a major, technically capable

Countries need to step up on Strait of Hormuz, says - oil and gas 360

Countries need to step up on Strait of Hormuz, says Hegseth

(Investing) – WASHINGTON – The United States has done the lion’s share of the work in making Iran less of a threat and other countries now need to step up to reopen the critical Strait of Hormuz waterway, Defense Secretary Pete Hegseth said on Tuesday. Hegseth cited President Donald Trump’s early morning exhortation to other countries to loosen Iran’s stranglehold on

G7 moves to steady oil markets: by Oil & Gas 360- oil and gas 360

Energy Directions: United States Energy Price Outlook, March 2026

(Oil & Gas 360) – United States Energy Price Outlook, Natural Gas Outlook, Supply/Demand Assessment, March 2026 More fear continues providing great buy-low opportunity.  The word “Tariff” creating great fear has been joined by “War” and “Recession” fear that are increasing uncertainty.  The S&P 500 had a 16.4% gain in 2025.  It was up 0.5% year to date (YTD) before

Pipelines back in play as Canada eyes a strategic energy reset: by Oil & Gas 360- oil and gas360

Pipelines back in play as Canada eyes a strategic energy reset: by Oil & Gas 360

(By Oil & Gas 360) – A project once written off is finding new life as shifting geopolitics and tighter global supply reshape North America’s energy priorities. Momentum is building around a potential revival of Keystone XL, with Canadian officials and industry leaders re-engaging with U.S. counterparts to discuss what a new cross-border pipeline framework could look like. Discussions with the

The United States: The world's marginal producer of the cleanest, most reliable barrels- oil and gas 360

The United States: The world’s marginal producer of the cleanest, most reliable barrels

(Oil & Gas 360) By Greg Barnett, MBA – The global energy system depends on one supplier more than any other to balance markets, stabilize prices and step in when the world needs additional crude oil or natural gas. That supplier is the United States. Through scalability, operational integrity and the lowest emissions intensity among major producers, the U.S. has become

Venezuelan leader Rodriguez says she was invited to US, NBC reports

Venezuelan leader Rodriguez says she was invited to US, NBC reports

(Investing) – WASHINGTON – Venezuelan interim leader President Delcy Rodriguez said she has been invited to the United States, according an interview released Thursday by NBC News as U.S. Energy Secretary Chris Wright visited Caracas. “I have been invited to the States,” Rodríguez was quoted as saying. “We’re contemplating coming there once we establish this cooperation and we can move forward

Venezuela marks the opening move in a LatAm geoeconomic reset: Vladimirov- oil and gas 360

Venezuela marks the opening move in a LatAm geoeconomic reset: Vladimirov

(BOE Report) – The ousting of Nicolas Maduro in Venezuela may mark the beginning of a broader U.S. attempt to realign Latin America geoeconomically, limiting the ability of Russia and China to use the Western Hemisphere as a pressure point in global commodity markets. Central America could become the next domino to fall. The region is an attractive route for facilitating both

White hydrogen emerges as a wild card in the global clean energy race- oil and gas 360

White hydrogen emerges as a wild card in the global clean energy race

(Oil Price) – The white hydrogen boom could be within sight based on recent finds in France, the United States, and other parts of the world. However, developers are still not sure of the costs involved with exploiting white hydrogen resources, as well as the technical challenges to accessing reserves, making the outlook uncertain. Unlike other low-carbon forms of hydrogen, such

U.S. ready for partnership in India’s nuclear energy industry- oil and gas 360

U.S. ready for partnership in India’s nuclear energy industry

(Oil Price)– The United States has expressed willingness to cooperate with India in the nuclear energy sector as Asia’s second-largest economy opens its civil nuclear industry to private investment and foreign participation. “We welcome India’s new #SHANTIBill, a step towards a stronger energy security partnership and peaceful civil nuclear cooperation,” according to a post on X of the official account of the U.S.

Oil up as market weighs strong US economic growth, supply risks- oil and gas 360

Oil up as market weighs strong US economic growth, supply risks

(Investing)– Oil prices settled higher on Tuesday as investors assessed stronger-than-expected U.S. economic growth and the risk of disruptions to oil supply from Venezuela and Russia. Brent crude futures settled 31 cents, or 0.5%, higher at $62.38 a barrel. U.S. West Texas Intermediate crude was up 37 cents, or 0.64%, at $58.38. Prices had risen by more than 2% on Monday,

U.S. crude stocks post surprise build as gasoline and distillates rise- oil and gas 360

U.S. crude stocks post surprise build as gasoline and distillates rise

(Oil Price)– The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 2.4 million barrels in the week ending December 19. Crude oil inventories shrank by 9.3 million barrels in the week prior. Crude oil inventories in the United States are so far showing a net decrease of 6.7 million barrels for

Oil steadies as market weighs Venezuela supply risks, strong US economic growth- oil and gas 360

Oil steadies as market weighs Venezuela supply risks, strong US economic growth

(Investing)– Oil prices were little changed on Tuesday as potential sales of Venezuelan crude seized by the United States weighed and investors assessed stronger-than-expected U.S. economic data. Brent crude futures fell 8 cents to $61.99 a barrel by 11:15 a.m. ET (1615 GMT). U.S. West Texas Intermediate (WTI) crude was down 2 cents at $57.99. Prices had risen by more than 2% on