Permian holds 55,000 sub-$50/bbl drilling locations, analysis finds
(World Oil)– The Permian basin continues to reinforce its position as the lowest-cost U.S. shale play, with an estimated 55,000 […]
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Strait of Hormuz traffic barely affected on first day of US blockade, data shows
(Investing) – SINGAPORE/LONDON – The first full day of a U.S. blockade on vessels calling at Iranian ports made little difference […]
360 News Desk, Afro2, Crude inventories, Crude Oil, crude oil storage, EIA, Featured, Weekly Crude Oil Inventories, Weekly Inventories
U.S. crude oil inventories decrease by 0.9 million barrels
Weekly Crude Oil Storage as of April 10, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum […]
EnerCom Opens Registration for the 31st Annual Energy Investment Conference August 17–19, 2026 in Denver, Colorado
(Oil & Gas 360) – Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference featuring a broad […]
Oil shock 2.0: Inflation back, rate cuts fading
(By Oil & Gas 360) – The market isn’t just reacting to higher oil prices. It’s reacting to what those prices mean […]
The global supply reset: Africa back in play
(By Oil & Gas 360) – Africa is moving back to the center of global energy strategy, and this time, […]
Transocean adds $445 million backlog with Petrobras drillship extension
(World Oil) – Transocean has secured a long-term contract extension with Petrobras for its ultra-deepwater drillship Deepwater Corcovado, adding approximately $445 million to the […]
Nomura: Full U.S. blockade could cut off another 2.3 million bpd oil supply
(Oil Price) – Oil supply from the Middle East could drop by another 2.3 million barrels per day (bpd) if […]
BP flags ‘exceptional’ trading results amid oil price volatility
(BOE Report) – BP said on Tuesday it expects its huge oil trading desk to post “exceptional” results for the […]
Iran showing signs of capitulating over Strait of Hormuz
(Oil Price) – Iran may halt its own oil shipments through the Strait of Hormuz for several days. Tehran is […]