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Kenya Plans to Launch Crude Oil Exports in 2026

OilPrice

Kenya hopes it will begin commercial crude oil production and exports next year, Opiyo Wandayi, Cabinet Secretary for Energy and Petroleum, said on Monday, as companies are finalizing an asset sale and development project plans for an onshore resource basin.

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Oil Prices Could Sink Below $50 This Year

OilPrice

Crude oil prices could decline below $50 a barrel this year, according to analysts from outlets including S&P Global. This will give American drivers much needed relief at the pump after years of gas price inflation. One reason for the hypothetical decline is what is widely seen as weakening demand growth.

Oil 360
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U.S. crude oil inventories decrease by 5.8 million barrels

Oil & Gas 360º

Weekly Crude Oil Storage as of June 20, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 5.8 crude oil imports averaged 5.9 Over the past four weeks, crude oil imports averaged about 6 million barrels per day, 17.4% Imports U.S.

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U.S. crude oil inventories decrease by 3.6 million barrels

Oil & Gas 360º

Weekly Crude Oil Storage as of June 6, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 3.6 crude oil refinery inputs averaged 17.2 crude oil imports averaged 6.2 Over the past four weeks, crude oil imports averaged about 6.2

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Crude Oil Prices Rise 4% On OPEC+ News And As War In Ukraine Intensifies

Oil & Gas 360º

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TXOGA reports record natural gas production in Texas in 2025

Permian Basin Oil and Gas Magazine

Texas Oil and Gas Association reported Monday record amounts of natural gas production in the state this year. TXOGA said natural gas withdrawals rose to 36.9 Crude oil production remained steady at 5.7 billion cfd of dry natural gas – supplying 11.8 total crude oil production and 29.2

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China’s Oil Giants Bet on Natural Gas as Fuel Demand Peaks

OilPrice

Chinas biggest state-held energy firms are following the demand trends in the worlds top crude oil and natural gas importer. But natural gas demand is only going up, and its expected to continue growing for decades. But natural gas demand is only going up, and its expected to continue growing for decades.