
More Red Sea shipments disrupted as Rubio says Iran not serious about talks
(BOE Report) – U.S. Secretary of State Marco Rubio said on Wednesday that Iran is not serious about talks to end their war, as the widening conflict disrupted two of the world’s most critical

More Red Sea shipments disrupted as Rubio says Iran not serious about talks
(BOE Report) – U.S. Secretary of State Marco Rubio said on Wednesday that Iran is not serious about talks to end their war, as the widening conflict disrupted two of the world’s most critical energy chokepoints. Four tankers carrying Saudi

Capstone Energy+ to supply flare gas recovery system for Maurel & Prom’s Gabon field
(World Oil) – Capstone Energy+ has signed a 36-month lease agreement with Maurel & Prom to

Explainer-Why is a proposed US-Saudi nuclear pact causing alarm in Washington and the Middle East?
(Investing) – DUBAI – The Trump administration backs a nuclear energy pact with

U.S. crude oil inventories increase by 2.0 million barrels
Weekly Crude Oil Storage as of July 17, 2026 U.S. commercial crude

Capstone Energy+ to supply flare gas recovery system for Maurel & Prom’s Gabon field
(World Oil) – Capstone Energy+ has signed a 36-month lease agreement with Maurel & Prom to supply a C600 Signature Series microturbine for a flare gas recovery project at the operator’s onshore oilfield in Gabon. The project will recover associated gas that would otherwise

Explainer-Why is a proposed US-Saudi nuclear pact causing alarm in Washington and the Middle East?
(Investing) – DUBAI – The Trump administration backs a nuclear energy pact with Riyadh allowing Saudi Arabia to enrich uranium and process spent atomic fuel, two sources have said, a move that may worry regional states concerned about weapons proliferation. Here are

U.S. crude oil inventories increase by 2.0 million barrels
Weekly Crude Oil Storage as of July 17, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.0 million barrels from the previous week. At 411.7 million barrels, U.S. crude oil inventories are 6%
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Weekly Inventories
U.S. crude oil inventories increase by 2.0 million barrels
Weekly Crude Oil Storage as of July 17, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories increase by 41 Bcf
Natural Gas Inventories as of July 10, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count increased by 7, is at 588
This week’s Baker Hughes Rig Count shows that the U.S. increased by 7 last week, resulting in a total count