Oil & Gas Market Watch

US commercial crude inventories fell 4.5 million barrels to 424.5 million—well beyond the 400,000 barrel decline expected—while SPR holdings dropped...

Brent at $96.22 adds a geopolitical premium from US strikes and Israeli threats to energy sites, with Strait of Hormuz transits falling to six...

Harvest Midstream is advancing projects to link North Slope production with Interior and Southcentral Alaska demand.

• North Slope LNG near Deadhorse...

高油价正推动中国石油消费快速下降，2026年第二季度同比减少9%。

• 电动车和电动卡车上半年替代3600万吨石油，占需求降幅约三分之一。
• 卡车替代燃料使用量同比激增90%，建筑和采矿业柴油设备也被电动化取代。
• 这一趋势预计将削弱中国作为全球最大原油进口国的长期需求前景。

Diesel—not crude—is the sharper downstream risk, with prices nearing a fresh record.

• Average diesel hit its highest level since the Iran war began...

EIA's August 2026 outlook forecasts national average regular gasoline prices dropping from $4.01/gal in Q3 2026 to $3.72 in Q4 and $3.41 by Q1...

MOL consolidated six ship-management subsidiaries into MOL Global Ship Management Pte Ltd to oversee more than 200 vessels.

• Centralized control:...

Chevron is expanding its oil operations in Venezuela days after President Trump announced a broader deal to develop the country's vast reserves.

Iraqi heavy sour crude exports climbed sharply in August, reaching 2.17-2.3 million bpd as discounts of $25-30 per barrel drew Asian buyers.

• China...

Can elevated diesel cracks extend higher or face a near-term correction?

• Fundamentals show U.S. diesel crack at $102.20 on Aug 17, well above the...

David Lindley, previously Assistant Director of Field Operations with nearly three decades in oil and gas and a petroleum engineering degree, has been...

Russia has nearly doubled its shadow LNG fleet to at least 20 tankers serving Arctic LNG 2, up from 11 at end-2025, with the latest Arc7 ice-class...

Datacentrex's $30 million equity investment strengthens Eagle LNG's vertically integrated LNG operations, which include marine bunkering with more than 700 completed ship-to-ship and ship-to-shore transfers since 2018 under long-term contracts.

Trump's meeting with executives from Chevron, Marathon, Valero and others targets gasoline at $4.10/gallon and diesel above $5.60, yet geopolitical...

Do Strong Buy ratings for Antero Resources, Devon Energy, and Matador Resources rest on durable fundamentals or the recent oil-price spike from Iran...

• Investment Scale: 31 grassroot LNG projects tracked across Africa, valued at US$78.48 billion, scheduled for completion from H2 2026 through 2030.
  -...

Late-summer demand and exports are pushing Nymex prices higher.

Cheniere completed its Corpus Christi Stage 3 expansion on August 28, lifting total LNG capacity more than 20% to 56 MMtpa across its Gulf Coast...

• WinGD modeling shows LNG, methanol and ammonia retrofits all beat VLSFO on lifetime costs and emissions for a 16,000 TEU vessel.
• LNG pays back in...

Canada's primary energy production climbed 5.9% in June to 2.0 million gigajoules, with every major sector contributing.

Key gains signal stronger...