The United States can see every barrel; it does not control where they go
(Oil & Gas 360) By Greg Barnett, MBA – The United States possesses the most capable financial surveillance system and the most sophisticated space-based intelligence architecture in the world. It can track cargoes leaving
The United States can see every barrel; it does not control where they go
(Oil & Gas 360) By Greg Barnett, MBA – The United States possesses the most capable financial surveillance system and the most sophisticated space-based intelligence architecture in the world. It can track cargoes leaving Iranian terminals, identify tankers operating without
HSBC flags a super-squeeze in the oil market
(Oil Price) – The Middle East crisis and the still closed Strait of
Fluor JV receives notice to begin work on LNG Canada Phase 2
(World Oil) – LNG Canada has taken another step toward a proposed expansion of
IEA sees possibility of critically low stockpiles ahead of peak summer demand
(BOE Report) – Global oil inventories could hit critical levels ahead of
HSBC flags a super-squeeze in the oil market
(Oil Price) – The Middle East crisis and the still closed Strait of Hormuz have created a “super-squeeze” in oil markets, which could lead to sharp price spikes, analysts at HSBC say. Prices have rallied in recent months not because of
Fluor JV receives notice to begin work on LNG Canada Phase 2
(World Oil) – LNG Canada has taken another step toward a proposed expansion of its export facility in Kitimat, British Columbia, issuing a limited notice to proceed (LNTP) for Phase 2 of the project. Fluor Corp. announced that its JGC Fluor BC LNG
IEA sees possibility of critically low stockpiles ahead of peak summer demand
(BOE Report) – Global oil inventories could hit critical levels ahead of the peak summer demand period if stock draws continue at their current pace, the head of the International Energy Agency’s oil industry and markets division said on Tuesday.
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Weekly Inventories
U.S. crude oil inventories decrease by 3.3 million barrels
Weekly Crude Oil Storage as of May 22, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories increase by 92 Bcf
Natural Gas Inventories as of May 22, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count increased by 4, is at 562
This week’s Baker Hughes Rig Count shows that the U.S. increased by 4 last week, resulting in a total count
