Qatar loses $24 billion as LNG exports collapse 96%
(Oil Price) – Six months since the Iran war crippled Qatar’s LNG exports via the Strait of Hormuz, the world’s second-largest liquefied natural gas exporter has lost $24 billion in sales as exports tumbled by
Qatar loses $24 billion as LNG exports collapse 96%
(Oil Price) – Six months since the Iran war crippled Qatar’s LNG exports via the Strait of Hormuz, the world’s second-largest liquefied natural gas exporter has lost $24 billion in sales as exports tumbled by as much as 96%, Reuters calculations showed on
Enbridge to buy Salt Creek Midstream crude gathering assets for $600 million
(BOE Report) – Pipeline operator Enbridge said on Wednesday it would acquire Salt Creek
SLB launches new artificial lift technologies for U.S. land operations
(World Oil) – SLB has launched two artificial lift technologies for U.S. land operations
Oil prices slide amid hopes for progress in Mideast diplomacy
(Investing) – Oil prices fell on Wednesday, extending declines from the prior
Enbridge to buy Salt Creek Midstream crude gathering assets for $600 million
(BOE Report) – Pipeline operator Enbridge said on Wednesday it would acquire Salt Creek Midstream’s crude oil gathering business for $600 million in cash, expanding its presence in the crude-rich Permian Basin. The Permian Basin, the largest oil-producing region in the United
SLB launches new artificial lift technologies for U.S. land operations
(World Oil) – SLB has launched two artificial lift technologies for U.S. land operations aimed at improving equipment life and production performance in mature and challenging well environments. The new technologies include Harbison-Fischer Deka diamond technology for rod pump barrels and the
Oil prices slide amid hopes for progress in Mideast diplomacy
(Investing) – Oil prices fell on Wednesday, extending declines from the prior session, as media reports pointed to progress in diplomatic efforts to halt hostilities in the Middle East and reopen the Strait of Hormuz. Brent crude futures, the global
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Weekly Inventories
U.S. crude oil inventories increase by 0.1 million barrels
Weekly Crude Oil Storage as of August 21, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories increase by 36 Bcf
Natural Gas Inventories as of August 7, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count decreased by 5, is at 588
This week’s Baker Hughes Rig Count shows that the U.S. decreased by 5 last week, resulting in a total count
