The arrival of Hurricane Isaias has caused 72% of daily oil production (~1.5 MMb/d) and 59% of daily gas production (~1.3 MMcf/d) to be shut in the Gulf, the Marine Minerals Administration (MMA) said Friday.
Crude oil may get the headlines, but the fuels made from it have delivered some of the market’s biggest surprises of 2026. With supply disruptions, strained trade flows and compliance costs all shaping this year’s numbers, let’s look at what goes into a crack spread and what we can learn from it.
U.S. oil and gas rig count fell by one rig to 598 for the week ending October 2 according to Baker Hughes data, as declines in the Eagle Ford (-2) and Haynesville (-1) outweighed gains in Gulf of Mexico (+1) and the Niobrara (+1).
A series of disruptions to global refining capacity and refined-product flows has raised the prospect of a ban on U.S. diesel exports as a way to keep prices in check. Today, we look at where things stand and how a U.S. export ban could result in a number of major unintended and negative consequences.
U.S. oil and gas rig count gained four rigs to 599 for the week ending September 25 according to Baker Hughes data, as gains in Anadarko (+1), Gulf of Mexico (+1), Permian (+1) and All Other (+2) eclipsed a one-rig decline in the Eagle Ford.
Two vehicles may look identical from the outside, but what’s under the hood can make all the difference. Today, we look at how the same principle applies to crude oil, as barrels that meet the same basic specifications can still behave very differently once they reach a refinery.
The tanker bill keeps climbing for U.S. crude headed to Asia. As discussed in this week’s Tradeview and Crude Voyager reports, the cost of chartering a Very Large Crude Carrier (VLCC) from the U.S.
Plains All American is buying Silver Creek’s integrated crude oil gathering system in the Powder River Basin for $585 million. Today, we look at how the deal could reshape flows around the Powder River Basin and strengthen Plains’ ability to move crude toward the Cushing, OK, storage hub.
U.S. oil and gas rig count gained four rigs to 595 for the week ending September 18 according to Baker Hughes data, as gains in the Bakken (+3), Permian (+1) and All Other (+2) outweighed one-rig declines in Haynesville and the Niobrara.
As discussed in this week’s Crude Voyager, the cost of moving U.S.
