EU’s Ribera warns of increasing dependence on US LNG
(BOE Report) – The European Union’s competition chief warned on Wednesday that the region was becoming increasingly dependent on liquefied natural gas (LNG) imports from the United States and should look at how it can
EU’s Ribera warns of increasing dependence on US LNG
(BOE Report) – The European Union’s competition chief warned on Wednesday that the region was becoming increasingly dependent on liquefied natural gas (LNG) imports from the United States and should look at how it can best harness local resources. “We are
Africa set to lead global high-impact exploration drilling in 2026
(World Oil) – Africa is expected to remain the world’s most active region
Oil prices hover around four-month high, buoyed by weak dollar and outages
(Investing) – NEW YORK- Oil prices rose to their highest since late September
U.S. crude oil inventories decrease by 2.3 million barrels
Weekly Crude Oil Storage as of January 23, 2026 U.S. commercial crude
Africa set to lead global high-impact exploration drilling in 2026
(World Oil) – Africa is expected to remain the world’s most active region for high-impact oil and gas exploration drilling in 2026, driven by continued interest in ultra-deepwater and frontier basins, according to new analysis from Rystad Energy. Global high-impact wildcat drilling
Oil prices hover around four-month high, buoyed by weak dollar and outages
(Investing) – NEW YORK- Oil prices rose to their highest since late September on Wednesday after a winter storm disrupted U.S. crude production while a weak U.S. dollar and continued Kazakh outages lent further support. Brent crude futures were up 43 cents,
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 Reserve) decreased by 2.3 million barrels from the previous week. At 423.8 million barrels, U.S. crude oil inventories are 3%
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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 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
