
A record LNG year looms for Europe as markets rebalance
(Oil Price) – Europe is expected to import a record-high volume of liquefied natural gas this year as stronger demand for replenishing storage sites, the phase-out of Russian supply, and continued pipeline exports to Ukraine

A record LNG year looms for Europe as markets rebalance
(Oil Price) – Europe is expected to import a record-high volume of liquefied natural gas this year as stronger demand for replenishing storage sites, the phase-out of Russian supply, and continued pipeline exports to Ukraine will drive increased demand, the International

US, Kazakhstan energy ministries discuss cooperation
(BOE Report) – Kazakhstan’s energy ministry said on Friday that it had

SLB North American revenue jumps after ChampionX acquisition
(Oil Price) – The acquisition of ChampionX helped the world’s biggest oilfield services

How much does Venezuela owe China, and why is oil involved?
(BOE Report) – The U.S. takeover of Venezuela’s oil exports has re-routed

US, Kazakhstan energy ministries discuss cooperation
(BOE Report) – Kazakhstan’s energy ministry said on Friday that it had held talks on energy cooperation with the U.S. Department of Energy and the U.S. embassy in the Central Asian country, which is a major energy producer, accounting for

SLB North American revenue jumps after ChampionX acquisition
(Oil Price) – The acquisition of ChampionX helped the world’s biggest oilfield services provider, SLB (NYSE: SLB), raise its North America revenue by 15% in the fourth quarter versus Q3 despite the softer market in the U.S. shale industry. SLB, which

How much does Venezuela owe China, and why is oil involved?
(BOE Report) – The U.S. takeover of Venezuela’s oil exports has re-routed crude barrels that were being used to service debt owed to China. How much does Venezuela owe China, and how and why was the country getting debt payments
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Weekly Inventories
U.S. crude oil inventories increase by 3.6 million barrels
Weekly Crude Oil Storage as of January 16, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories decrease by 120 Bcf
Natural Gas Inventories as of January 16, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count decreased by 1 is at 543
This week’s Baker Hughes Rig Count shows that the U.S. decreased by 1 last week, resulting in a total count