Sunday, July 6, 2025
U.S. lifts restrictions on ethane exports to china- oil and gas 360

U.S. lifts restrictions on ethane exports to China

(Oil Price)– The Trump Administration has rescinded licensing requirements for U.S. exporters of ethane to China, paving the way to restoring the trade that was upended by the tariff row with Beijing.   The U.S. Department of Commerce’s Bureau of

Company to watch

Shortcode content

Weekly Inventories

U.S. crude oil inventories increase by 3.8 million barrels

Weekly Crude Oil Storage as of June 27, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.8 million barrels from the previous week.  At 419 million barrels, U.S. crude oil inventories are 9%

Weekly Gas Storage: Inventories increase by 55 Bcf

Natural Gas Inventories as of June 27, 2025 The EIA has released its natural gas inventory report, showing a net increase of 55 Bcf as of June 27, 2025. Working gas in storage was 2,953 Bcf as of Friday, June

U.S. rig count decreased by 7 is at 547

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 7 over last week, resulting in a total count of 547 rigs. Canada had an increase of 1 over last week, resulting in a total Canadian count of