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U.S. rig count increased by 7, is at 588

Global Oil & Gas

U.S. rig count increased by 7, is at 588

admin July 17, 2026

This week’s Baker Hughes Rig Count shows that the U.S. increased by 7 last week, resulting in...

Jeff Currie: Illusion of Oil Abundance Is Gone

Crude Oil Prices

Jeff Currie: Illusion of Oil Abundance Is Gone

admin July 17, 2026

Carlyle Group Chief Strategy Officer, Jeff Currie, has declared that the global oil market’s “illusion of abundance”...

Oil Markets Ignore Mounting Risks at Their Own Peril

Crude Oil Prices

Oil Markets Ignore Mounting Risks at Their Own Peril

admin July 17, 2026

Escalating U.S.-Iran hostilities, attacks on critical infrastructure, and near-halted Hormuz tanker traffic are fueling expectations of higher...

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