Trending News: Power Ministry’s Chintan Shivir 2026 Concludes, Outlines Roadmap to 100 GW Hydro Pumped Storage by 2035–36 and Strengthens DISCOM ReformsIEW 2026 in Goa to Drive Global Energy Partnerships as India Pushes Security, Decarbonisation and Investment-Led GrowthBihar’s Power Distribution Reforms Gain National Recognition as NBPDCL and SBPDCL Achieve ‘A’ Grade in PFC RatingScatec Secures 25-Year PPA with Tunisia’s STEG for 120 MW Tataouine Solar Project, Strengthening Country’s Renewable Energy PushRepublic Day 2026: Ministry of Power’s ‘Prakash Ganga’ Tableau Showcases India’s Journey from Universal Electrification to Global Clean Energy LeadershipOil Rises Nearly 3% as US Sends Armada to Iran, Slaps New SanctionsUS Oilfield Service Firm SLB Says it Can Rapidly Boost Venezuela OperationsUS Drillers Add Oil and Gas Rigs for First Time in Three Weeks, Baker Hughes SaysSLB North American Revenue Jumps after ChampionX Acquisition US Control of Venezuela Oil Risks Debt Restructuring Showdown with ChinaSLB Beats Quarterly Profit Estimates on Strong North America ActivityUS, Kazakhstan Energy Ministries Discuss CooperationUS Natgas Futures Surge 68% This Week on Frigid Weather ForecastsUS Energy Dominance Would Make for a Clumsy WeaponNorth Dakota Oil Production up 12,000 bpd in November vs October to 1,189,000 bpd – State RegulatorHow the U.S. Controls Iraq’s Oil RevenuesNorth Dakota Crude Output Down on Cold Weather Snap, State Regulator SaysIndian Refiner BPCL to Sign $780 Million Oil Supply Deal With PetrobrasEurope’s Gas Storage Is Draining at the Fastest Pace in Five YearsIndia Turns to Atlantic and Middle Eastern Crude as Russian Supplies FalterShell Signals $20 Billion Bet on Nigeria’s Deepwater RevivalChina Moves to Price LNG in YuanA Record LNG Year Looms for Europe as Markets RebalanceCO2 risk is now structural, not seasonal, says Nippon GasesOil Prices Rise on Trump’s Iran ‘Armada’ Comments and Kazakh OutageUS Is Canceling Almost $30 Billion in Biden-Era Energy LoansUS Won’t Offer On-the-Ground Security to Oil Firms in VenezuelaHalliburton Exports Its Oil Gear as Fracking Goes GlobalUS Natural Gas Falls After Record-Breaking Three-Day RallyTexas Governor Issues Disaster Declaration for 134 CountiesShell Considers Asset Sales in Argentina’s Shale HeartlandOil Prices Rebound as Trump’s Iran Armada Rhetoric Revives Supply FearsWebinar preview: The year ahead for CO2Energy is the “first layer” of AI build-out, says Nvidia CEOEnergy is the “first layer” of AI build-out, says Nvidia CEOPVH Secures 90% Market Share in Turkey’s Solar Tracking IndustryACWA Power Announces Innovation Days 2026 In Riyadh, Bringing Global Leaders Together To Advance Energy, Water, And Digital TechnologiesAnova partners with Aurora Capital Partners to scale growthEBRD To Invest Up To €60M In Amber Dragon Ukraine Infrastructure Fund I To Rebuild Renewable Energy, Transport, And Digital InfrastructureBCDA Signs USD 200 Million Clean Energy Deal With ACWA Power For New Clark CityTopsoe to supply tech for “major” China SAF projectTianneng Group And VCIG Launch 1GWh Solar-Storage Project For AI Data Centers In MalaysiaU.S. Reopens Venezuela’s Oil Spigot, but Refuses to Guarantee SecurityJapan’s Largest Nuclear Plant Hit by New Halt After Brief RestartFrance Boards Oil Tanker Linked to Russia Shadow FleetDiversified CPC strengthens specialty gas R&D with Illinois siteData centres and energy at centre of $30bn New Gaza planU.S. Establishes Fund to Control All Venezuelan Oil RevenueKimmeridge to Nominate Scott Sheffield to Coterra Energy Board, WSJ ReportsLargest US Electric Grid Expects All-Time Record Winter DemandValero, Phillips 66 Buy Venezuelan Oil Cargoes as Part of Washington’s Deal With CaracasCivil construction of replacement Trino waste store completedBureau Veritas to aid Dutch deployment of Rolls-Royce SMRReactor internals delivered for Xudabao unit 1Kairos secures HALEU for Hermes’ first fuel loadCOMMENTARY: Charting the Data Center Development Roadmap in Key US States – MaguireNatural Gas Soars 75% in Three Days as Arctic Cold Grips the USEnergy Stocks Hit Record High on Greenland, Arctic BlastSaudi Aramco Dismisses Oil Glut Narrative as ‘Seriously Exaggerated’Oil Prices Slump as Trump Walks Back Greenland Tariff ThreatTrump Could Offer Deals to U.S. States to Store Nuclear WasteChina Reports Record-High LNG Imports from RussiaKazakhstan Investigates Incident that Halted Huge Tengiz OilfieldNikkiso provides CO2 system to support Canada DAC test facilityWhy clean energy investment is failing to close the transition gapHong Kong Financial Secretary backs idea for regional SAF hubUS Energy Secretary Calls for Doubling Global Oil Output in DavosOil Slips as Trump Tones Down Threats Against Greenland and IranU.S. Refiners Snap Up Venezuelan Crude at Steep DiscountsWind and Solar Overtake Fossil Fuels in Europe’s Power Mix for the First TimeVenture Global Secures Another Legal Victory in LNG BattleHenry Hub Surges Sharply Over Past WeekAir Liquide ramped up signed low-carbon power agreements in 2025responsAbility’s Asia Climate Strategy Secures $460 Million To Boost Low-Carbon Investments And Cut CO₂ EmissionsPhilippines Poised For Renewable Energy Boom As Capacity Set To Double By 2031Jinko Solar Showcases Tiger Neo’s Superior Low-Light Performance at WFESWorld’s Largest Offshore Solar Farm Goes Live In China, Set To Power 2.6 Million PeopleJinkoSolar Signs 9.93MW Tiger Neo 3.0 Module Order with New Jordanian DistributorOccidental CEO highlights role of DAC in improving oil recoveryUK Could Extend Operations at Sizewell B Nuclear Plant to 2055US Sees Big Gains in Crude Oil, Product InventoriesLNG project final investments to slow in 2026 after record yearLNG project final investments set to slow in 2026 after record year, says Wood MackenzieLNG project FIDs set to slow in 2026 after record year, says Wood MackenzieLNG project FIDs set to slow in 2026 after record year, says Wood MackenzieChevron-Led Tengiz Oilfield Offline for Another Week After FireRussia Says 2 Killed, Tanks Damaged by Ukraine Attack on PortUS Natgas Futures Soar 57% Over Two Days as Frigid Weather Boosts Heating Demand, Freezes WellsVenezuelan Oil Exports Under Supply Deal With US Progressing Slowly, Documents and Data ShowUS Refineries Brace for Disruptions as Arctic Blast HitsVenture Global Wins LNG Arbitration Case Against RepsolChevron Looks to Finalize Sale of Singapore Assets by MarchEnergySolutions sets date for Kewaunee licence applicationLaramide pulls out of Kazakh project citing law changeEDF seeking maximum use of existing UK reactorsU.S. won’t provide security for oil operations in Venezuela, says WrightFirst VVER-1200 fuel delivered to China for Tianwan 7Amentum-led consortium contracted for Dutch new-build programmeTepco halts restart of Kashiwazaki-Kariwa reactorWright Tells Oil Executives That Venezuela’s Output Can Rise 30%
Sat. Jan 24th, 2026
Trending News: Power Ministry’s Chintan Shivir 2026 Concludes, Outlines Roadmap to 100 GW Hydro Pumped Storage by 2035–36 and Strengthens DISCOM ReformsIEW 2026 in Goa to Drive Global Energy Partnerships as India Pushes Security, Decarbonisation and Investment-Led GrowthBihar’s Power Distribution Reforms Gain National Recognition as NBPDCL and SBPDCL Achieve ‘A’ Grade in PFC RatingScatec Secures 25-Year PPA with Tunisia’s STEG for 120 MW Tataouine Solar Project, Strengthening Country’s Renewable Energy PushRepublic Day 2026: Ministry of Power’s ‘Prakash Ganga’ Tableau Showcases India’s Journey from Universal Electrification to Global Clean Energy LeadershipOil Rises Nearly 3% as US Sends Armada to Iran, Slaps New SanctionsUS Oilfield Service Firm SLB Says it Can Rapidly Boost Venezuela OperationsUS Drillers Add Oil and Gas Rigs for First Time in Three Weeks, Baker Hughes SaysSLB North American Revenue Jumps after ChampionX Acquisition US Control of Venezuela Oil Risks Debt Restructuring Showdown with ChinaSLB Beats Quarterly Profit Estimates on Strong North America ActivityUS, Kazakhstan Energy Ministries Discuss CooperationUS Natgas Futures Surge 68% This Week on Frigid Weather ForecastsUS Energy Dominance Would Make for a Clumsy WeaponNorth Dakota Oil Production up 12,000 bpd in November vs October to 1,189,000 bpd – State RegulatorHow the U.S. Controls Iraq’s Oil RevenuesNorth Dakota Crude Output Down on Cold Weather Snap, State Regulator SaysIndian Refiner BPCL to Sign $780 Million Oil Supply Deal With PetrobrasEurope’s Gas Storage Is Draining at the Fastest Pace in Five YearsIndia Turns to Atlantic and Middle Eastern Crude as Russian Supplies FalterShell Signals $20 Billion Bet on Nigeria’s Deepwater RevivalChina Moves to Price LNG in YuanA Record LNG Year Looms for Europe as Markets RebalanceCO2 risk is now structural, not seasonal, says Nippon GasesOil Prices Rise on Trump’s Iran ‘Armada’ Comments and Kazakh OutageUS Is Canceling Almost $30 Billion in Biden-Era Energy LoansUS Won’t Offer On-the-Ground Security to Oil Firms in VenezuelaHalliburton Exports Its Oil Gear as Fracking Goes GlobalUS Natural Gas Falls After Record-Breaking Three-Day RallyTexas Governor Issues Disaster Declaration for 134 CountiesShell Considers Asset Sales in Argentina’s Shale HeartlandOil Prices Rebound as Trump’s Iran Armada Rhetoric Revives Supply FearsWebinar preview: The year ahead for CO2Energy is the “first layer” of AI build-out, says Nvidia CEOEnergy is the “first layer” of AI build-out, says Nvidia CEOPVH Secures 90% Market Share in Turkey’s Solar Tracking IndustryACWA Power Announces Innovation Days 2026 In Riyadh, Bringing Global Leaders Together To Advance Energy, Water, And Digital TechnologiesAnova partners with Aurora Capital Partners to scale growthEBRD To Invest Up To €60M In Amber Dragon Ukraine Infrastructure Fund I To Rebuild Renewable Energy, Transport, And Digital InfrastructureBCDA Signs USD 200 Million Clean Energy Deal With ACWA Power For New Clark CityTopsoe to supply tech for “major” China SAF projectTianneng Group And VCIG Launch 1GWh Solar-Storage Project For AI Data Centers In MalaysiaU.S. Reopens Venezuela’s Oil Spigot, but Refuses to Guarantee SecurityJapan’s Largest Nuclear Plant Hit by New Halt After Brief RestartFrance Boards Oil Tanker Linked to Russia Shadow FleetDiversified CPC strengthens specialty gas R&D with Illinois siteData centres and energy at centre of $30bn New Gaza planU.S. Establishes Fund to Control All Venezuelan Oil RevenueKimmeridge to Nominate Scott Sheffield to Coterra Energy Board, WSJ ReportsLargest US Electric Grid Expects All-Time Record Winter DemandValero, Phillips 66 Buy Venezuelan Oil Cargoes as Part of Washington’s Deal With CaracasCivil construction of replacement Trino waste store completedBureau Veritas to aid Dutch deployment of Rolls-Royce SMRReactor internals delivered for Xudabao unit 1Kairos secures HALEU for Hermes’ first fuel loadCOMMENTARY: Charting the Data Center Development Roadmap in Key US States – MaguireNatural Gas Soars 75% in Three Days as Arctic Cold Grips the USEnergy Stocks Hit Record High on Greenland, Arctic BlastSaudi Aramco Dismisses Oil Glut Narrative as ‘Seriously Exaggerated’Oil Prices Slump as Trump Walks Back Greenland Tariff ThreatTrump Could Offer Deals to U.S. States to Store Nuclear WasteChina Reports Record-High LNG Imports from RussiaKazakhstan Investigates Incident that Halted Huge Tengiz OilfieldNikkiso provides CO2 system to support Canada DAC test facilityWhy clean energy investment is failing to close the transition gapHong Kong Financial Secretary backs idea for regional SAF hubUS Energy Secretary Calls for Doubling Global Oil Output in DavosOil Slips as Trump Tones Down Threats Against Greenland and IranU.S. Refiners Snap Up Venezuelan Crude at Steep DiscountsWind and Solar Overtake Fossil Fuels in Europe’s Power Mix for the First TimeVenture Global Secures Another Legal Victory in LNG BattleHenry Hub Surges Sharply Over Past WeekAir Liquide ramped up signed low-carbon power agreements in 2025responsAbility’s Asia Climate Strategy Secures $460 Million To Boost Low-Carbon Investments And Cut CO₂ EmissionsPhilippines Poised For Renewable Energy Boom As Capacity Set To Double By 2031Jinko Solar Showcases Tiger Neo’s Superior Low-Light Performance at WFESWorld’s Largest Offshore Solar Farm Goes Live In China, Set To Power 2.6 Million PeopleJinkoSolar Signs 9.93MW Tiger Neo 3.0 Module Order with New Jordanian DistributorOccidental CEO highlights role of DAC in improving oil recoveryUK Could Extend Operations at Sizewell B Nuclear Plant to 2055US Sees Big Gains in Crude Oil, Product InventoriesLNG project final investments to slow in 2026 after record yearLNG project final investments set to slow in 2026 after record year, says Wood MackenzieLNG project FIDs set to slow in 2026 after record year, says Wood MackenzieLNG project FIDs set to slow in 2026 after record year, says Wood MackenzieChevron-Led Tengiz Oilfield Offline for Another Week After FireRussia Says 2 Killed, Tanks Damaged by Ukraine Attack on PortUS Natgas Futures Soar 57% Over Two Days as Frigid Weather Boosts Heating Demand, Freezes WellsVenezuelan Oil Exports Under Supply Deal With US Progressing Slowly, Documents and Data ShowUS Refineries Brace for Disruptions as Arctic Blast HitsVenture Global Wins LNG Arbitration Case Against RepsolChevron Looks to Finalize Sale of Singapore Assets by MarchEnergySolutions sets date for Kewaunee licence applicationLaramide pulls out of Kazakh project citing law changeEDF seeking maximum use of existing UK reactorsU.S. won’t provide security for oil operations in Venezuela, says WrightFirst VVER-1200 fuel delivered to China for Tianwan 7Amentum-led consortium contracted for Dutch new-build programmeTepco halts restart of Kashiwazaki-Kariwa reactorWright Tells Oil Executives That Venezuela’s Output Can Rise 30%
Sat. Jan 24th, 2026

US Crude Oil Stocks Hit Lowest Since March 2022 Last Week, EIA Data Shows

U.S. crude oil stocks, excluding the Strategic Petroleum Reserve, fell by 1.02 million barrels to 411.66 million barrels in the week ended Jan. 17, the lowest since March 2022, according to U.S. Energy Information Administration data released on Thursday.

That was the ninth consecutive weekly drawdown from U.S. crude oil inventories, the longest such streak since January 2018’s record of 10 straight weekly declines.

Reporting by Shariq Khan and Scott DiSavino in New York; Editing by Richard Chang

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