US issues fresh guidance to vessels transiting Strait of Hormuz as Iran tensions simmer
(BOE Report) – The United States issued fresh guidance on Monday to commercial vessels transiting the Strait of Hormuz, a key shipping lane for Middle East oil supplies, as tensions simmered between Washington and
US issues fresh guidance to vessels transiting Strait of Hormuz as Iran tensions simmer
(BOE Report) – The United States issued fresh guidance on Monday to commercial vessels transiting the Strait of Hormuz, a key shipping lane for Middle East oil supplies, as tensions simmered between Washington and Tehran over Iran’s nuclear program. Iran
Canadian crude discounts widen as supply glut signals emerge
(World Oil) – Canadian oil producers riding a boom from the expanded
Transocean to acquire Valaris in $5.8-billion deal, creating offshore drilling giant
(World Oil) – Transocean Ltd. has agreed to acquire offshore driller Valaris Ltd. in
Expand Energy announces CEO departure, plans headquarters move to Houston
(BOE Report) – Natural gas producer Expand Energy on Monday announced the
Canadian crude discounts widen as supply glut signals emerge
(World Oil) – Canadian oil producers riding a boom from the expanded Trans Mountain pipeline are now grappling with increasing price discounts for near-term supplies, a sign that a supply glut is taking hold. Canada’s flagship oil grade’s discount has
Transocean to acquire Valaris in $5.8-billion deal, creating offshore drilling giant
(World Oil) – Transocean Ltd. has agreed to acquire offshore driller Valaris Ltd. in an all-stock transaction valued at approximately $5.8 billion, creating what the companies say will be the world’s highest-specification offshore drilling fleet and one of the largest global offshore contractors.
Expand Energy announces CEO departure, plans headquarters move to Houston
(BOE Report) – Natural gas producer Expand Energy on Monday announced the departure of CEO Domenic Dell’Osso and also said it plans to relocate its corporate headquarters to Houston from Oklahoma City. The company said Chairman Michael Wichterich would take
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Weekly Inventories
U.S. crude oil inventories decrease by 3.5 million barrels
Weekly Crude Oil Storage as of January 30, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories decrease by 360 Bcf
Natural Gas Inventories as of January 30, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count increased by 5 is at 551
This week’s Baker Hughes Rig Count shows that the U.S. increased by 1 last week, resulting in a total count
