In the latest weekly update from Baker Hughes, the US rig count has ticked higher, reaching 551 active rigs as of March 6, 2026. This marks a modest increase of 1 rig from the previous […]
In a landmark decision on February 20, 2026, the U.S. Supreme Court struck down President Donald Trump’s use of the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs on global imports, ruling 6-3 […]
In a move that underscores the ongoing consolidation and optimization in the U.S. oil industry, ConocoPhillips (COP) is reportedly exploring the sale of certain assets in the Permian Basin valued at approximately $2 billion. This […]
As the energy landscape evolves, Canada’s oil sands sector is buzzing with anticipation. Following a whirlwind 2025 marked by record production, infrastructure expansions, and shifting global demands, industry analysts predict a wave of mega-mergers in […]
The oil market in early 2026 has been anything but predictable. What was expected to be a year of oversupply and sluggish prices has instead delivered a surge in volatility, driven by geopolitical flare-ups and […]
In a stunning revelation that underscores the resilience of Russia’s energy sector amid Western sanctions, the Financial Times has exposed a sprawling smuggling network responsible for moving at least $90 billion worth of Russian crude […]
The U.S. rotary rig count remained unchanged at 551 for the week ending February 20, 2026, according to the latest data from Baker Hughes. This marks no shift from the previous week but reflects a […]
Jack Prandelli of The Merchants News Substack stopped by, and we had a blast visiting about huge changes in the oil and gas markets. At the end of the podcast, we also discuss how we […]
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, […]
The 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 […]
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