SM Energy completes Civitas merger, expands Permian and U.S. shale footprint
(World Oil) – SM Energy Company has closed its all-stock merger with Civitas Resources, Inc. following shareholder approval at special meetings held Jan. 27. The combined company will continue operating under the SM Energy name. The transaction creates
SM Energy completes Civitas merger, expands Permian and U.S. shale footprint
(World Oil) – SM Energy Company has closed its all-stock merger with Civitas Resources, Inc. following shareholder approval at special meetings held Jan. 27. The combined company will continue operating under the SM Energy name. The transaction creates a larger, oil-focused U.S. independent with
Canada, Australia LNG cargoes head to the Atlantic in rare move after Arctic storm
(BOE Report) – At least three liquefied natural gas (LNG) cargoes loaded
Chevron beats profit estimates as it commits to Venezuela
(Oil Price) – Chevron Corporation (NYSE: CVX) reported on Friday consensus-beating earnings for
Exxon beats Wall Street profit targets with help from higher production, refining
(BOE Report) – Exxon Mobil beat Wall Street targets in fourth-quarter earnings reported
Canada, Australia LNG cargoes head to the Atlantic in rare move after Arctic storm
(BOE Report) – At least three liquefied natural gas (LNG) cargoes loaded in Australia and Canada are heading toward Europe and the Americas instead of their usual destination, Asia, after an Arctic storm curbed exports from the U.S., shiptracking data
Chevron beats profit estimates as it commits to Venezuela
(Oil Price) – Chevron Corporation (NYSE: CVX) reported on Friday consensus-beating earnings for the fourth quarter as it pledged to boost presence in Venezuela, where it is currently the only U.S. company authorized to operate. Chevron reported today adjusted earnings of $3.0 billion,
Exxon beats Wall Street profit targets with help from higher production, refining
(BOE Report) – Exxon Mobil beat Wall Street targets in fourth-quarter earnings reported on Friday, with higher oil production in profitable Permian Basin and Guyana assets helping to boost the No. 1 U.S. oil producer’s results. Adjusted earnings for the October
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Weekly Inventories
U.S. crude oil inventories decrease by 2.3 million barrels
Weekly Crude Oil Storage as of January 23, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories decrease by 242 Bcf
Natural Gas Inventories as of January 23, 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
