
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

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

Coterra, Devon merger talks advance as shale consolidation heats up
(World Oil) – Coterra Energy Inc. and Devon Energy Corp. are in advanced talks about

Oil prices retreat as U.S. eases Venezuela sanctions; set for large monthly gains
(Investing) – Oil prices fell Friday after the Donald Trump administration eased some

Energy Advisors: Coterra Energy Under Attack
(Oil and Gas 360) – Energy Advisors is providing continuing research as events unfold at

Coterra, Devon merger talks advance as shale consolidation heats up
(World Oil) – Coterra Energy Inc. and Devon Energy Corp. are in advanced talks about a combination, according to people familiar with the matter, in what would be one of the largest oil and gas deals in years. The companies could announce a

Oil prices retreat as U.S. eases Venezuela sanctions; set for large monthly gains
(Investing) – Oil prices fell Friday after the Donald Trump administration eased some sanctions on Venezuela’s energy industry, but were still heading for hefty monthly gains on heightened geopolitical tensions in the Middle East. At 08:55 ET (13:55 GMT), Brent oil futures for

Energy Advisors: Coterra Energy Under Attack
(Oil and Gas 360) – Energy Advisors is providing continuing research as events unfold at Coterra Energy in response to pressure from activist Kimmeridge. Earlier in our report“ The Debate Begins” we looked what a merger between Coterra and Devon would look like.
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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