In the latest weekly update from Baker Hughes, the U.S. oil and gas rig count remained unchanged at 551 for the week ending February 13, 2026. This stability comes after three consecutive weeks of increases, with the total now sitting 37 rigs—or about 6%—below the level from the same period last year. Specifically, oil rigs […]
Continue ReadingThe energy sector has been buzzing with optimism lately, as oil stocks have surged by approximately 21% over recent months amid stabilizing crude prices, geopolitical tensions, and renewed demand forecasts. This rally, driven by factors like OPEC+ production adjustments and global economic recovery signals, has investors eyeing opportunities in both public and private oil and […]
Continue ReadingIn the evolving landscape of global energy, the United States is positioning itself as a powerhouse not just through domestic production but via strategic international expansions. With President Trump\’s administration reshaping trade deals and forging new alliances, U.S. oil majors like ExxonMobil and Chevron are seizing opportunities in OPEC and OPEC+ nations. This shift marks […]
Continue ReadingThe global energy crisis has exposed vulnerabilities in supply chains, driving up prices and underscoring the fragility of overreliance on imports. Energy security, once a secondary concern, is now a cornerstone of national policy, ensuring stable access to affordable resources amid disruptions. Countries are turning inward, ramping up domestic production to shield economies from external […]
Continue ReadingBy Stuart Turley, Energy News Beat January 31, 2026 The latest Baker Hughes rig count report, released on January 30, 2026, shows a modest uptick in U.S. drilling activity with the total rig count climbing by 2 to 546. This marks a slight rebound from the previous week\’s 544 rigs. However, the figure remains significantly […]
Continue ReadingBy Stuart Turley, Energy News Beat January 29, 2026 – Truth Social posts from President Trump can certainly rattle markets, but when U.S. aircraft carrier task forces deploy to the Persian Gulf, that\’s when traders sit up and take notice. This morning, Brent crude surged past the $70 per barrel mark for the first time […]
Continue ReadingIn the volatile world of energy markets, oil traders are increasingly betting on upward price movements, driven by escalating geopolitical tensions in the Middle East. The global Brent benchmark has shown a call skew—a premium for bullish call options—for 14 consecutive sessions, while the U.S. crude marker has followed suit for 13 days, marking the […]
Continue ReadingFor years, Stu Turley has sounded the alarm on the chronic underinvestment in global oil and gas exploration and production (E&P). The writing has been on the wall: without sufficient capital flowing into new discoveries and field developments, it\’s only a matter of time before supply shortages hit hard, driving up prices and threatening energy […]
Continue ReadingOn this episode of the Energy News Beat Stand Up, I cover the key issues around Davos, Greenland, and some investing stories around Oil Field Service Companies, and why this is important. The main topics discussed in this podcast are: 1. President Trump’s speech at the World Economic Forum in Davos, where he promoted America’s […]
Continue ReadingThe recent capture of Nicolás Maduro has sparked renewed optimism in the global energy sector, particularly for oilfield services (OFS) companies eyeing Venezuela\’s vast untapped reserves. With the potential lifting of U.S. sanctions and a revival of operations in the Orinoco Belt, firms with expertise in heavy oil extraction and infrastructure could see a surge […]
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