
360 Energy Pulse: What mattered this week in energy
(Oil & Gas 360) – This week highlighted a growing disconnect in energy markets. Oil prices fell sharply on hopes for diplomacy, yet the underlying fundamentals continue tightening. Inventories are falling, OPEC production remains

360 Energy Pulse: What mattered this week in energy
(Oil & Gas 360) – This week highlighted a growing disconnect in energy markets. Oil prices fell sharply on hopes for diplomacy, yet the underlying fundamentals continue tightening. Inventories are falling, OPEC production remains constrained, shipping transparency is deteriorating, and

SpaceX, Hormuz, and the energy valuation gap
(By Oil & Gas 360) – The financial markets are delivering a

Tired of chaos, investors retreat from oil market at record pace
(BOE Report) – The extreme volatility of global oil prices has drained

U.S. rig count decreased by 1, is at 562
This week’s Baker Hughes Rig Count shows that the U.S. decreased by

SpaceX, Hormuz, and the energy valuation gap
(By Oil & Gas 360) – The financial markets are delivering a remarkable contradiction. At the same moment that the Strait of Hormuz remains one of the most consequential risks to the global economy, investors are preparing to embrace what

Tired of chaos, investors retreat from oil market at record pace
(BOE Report) – The extreme volatility of global oil prices has drained liquidity from the market this year at the fastest pace on record, as investors have become increasingly wary of committing cash to an asset that has become hostage

U.S. rig count decreased by 1, is at 562
This week’s Baker Hughes Rig Count shows that the U.S. decreased by 1 last week, resulting in a total count of 562 rigs. Canada increased by 11 over last week, resulting in a total Canadian count of 180 rigs. Breakdown
Company to watch
Weekly Inventories
U.S. crude oil inventories decrease by 7.2 million barrels
Weekly Crude Oil Storage as of June 5, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories increase by 108 Bcf
Natural Gas Inventories as of June 5, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count decreased by 1, is at 562
This week’s Baker Hughes Rig Count shows that the U.S. decreased by 1 last week, resulting in a total count