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Energy

U.S. Crude Output Reaches Record 13.6 million bpd, Outpacing Russia and Saudi Arabia

U.S. Oil production surged in 2025, reinforcing the nation’s leading role in the global energy environment. Expanding shale activity and continued development in the Permian basin helped lift output, while the relative performance of other major producers influenced market sentiment and investment flows.

Vinay Lochav | 15 July 2026

U.S.-Iran tensions push gasoline toward $4 per gallon, ending recent price relief

Recent weeks saw a modest easing of gasoline costs that contributed to a slowdown in headline inflation. New developments in the strategic Strait of Hormuz, where U.S. And Iranian forces are jockeying for influence, now threaten to reverse that trend.

Vinay Lochav | 15 July 2026

Solstad Offshore ASA (OTC: SLOFF): Backlog Jumps 82% in Q2 2026, Dividend Lifted 50%

The offshore services provider (OTC: SLOFF) delivered a strong Q2 2026 update, with its backlog surging and dividends rising sharply. The results highlight growing demand for offshore energy services and the firm’s ability to capitalise on sector tailwinds.

Vinay Lochav | 15 July 2026

Solstad Offshore (OTC: SLOFF) Raises 2026 Guidance After Strong Q2 Performance

Solstad Offshore ASA (OTC: SLOFF) signaled confidence in its outlook after a solid second quarter, lifting its 2026 guidance and sharing dividend details with investors. The offshore energy services provider held its Q2 2026 earnings call, where management outlined performance for the three- and …

Vinay Lochav | 15 July 2026

Constellation Energy (NASDAQ: CEG) Clears PJM Capacity Auction for 2028-2029

Constellation Energy Corp (NASDAQ: CEG) has secured capacity commitments for its PJM‑based generation fleet, reinforcing its position in the regional power market. The company disclosed auction results that will shape revenue streams for the 2028‑2029 period.

Vinay Lochav | 15 July 2026

EQT Corp (NYSE: EQT) Reports $45 Million Derivatives Gain for Q2 2026

EQT Corp (NYSE: EQT) has shared early financial results for the second quarter of 2026, revealing a $45 million gain tied to its derivatives positions. This figure underscores the company’s efforts to manage exposure in an unpredictable energy market. The finalized numbers will be …

Vinay Lochav | 15 July 2026

Full-Year Forecast Lifts Ashtead Technology Shares Higher

Ashtead Technology’s shares climbed after the company provided an optimistic full-year outlook, reinforcing confidence in the offshore energy sector. The move lifted sentiment among energy service providers, with investors betting on sustained demand for subsea equipment and inspection services.

Vinay Lochav | 15 July 2026

Oil Above $82, Nasdaq Drops 1.55% to 25,873 Amid US‑Iran Tensions

The market opened lower as heightened geopolitical risk pushed Brent crude above $82 per barrel and sent the Nasdaq down 1.55% to 25,873. A steep rise in oil prices and a renewed focus on the Strait of Hormuz weighed on equities, particularly technology‑heavy indexes.

Vinay Lochav | 15 July 2026

Oil Futures Jump 9% as Gulf Tensions Spike, Global Stocks Slip

Oil prices jumped sharply after Iran announced that the Strait of Hormuz would be closed and the United States reinstated a blockade of Iranian vessels in mid‑July. The development propelled both crude and Brent contracts upward, while equity markets turned lower and Treasury yields …

Vinay Lochav | 15 July 2026

Oil Refiners Hit Record $60/bbl Margins as Crude Glut Meets Fuel Shortage

Oil refiners are reaping unprecedented profits as a surge in crude supply clashes with persistent fuel shortages, sending refining margins to record highs.

Vinay Lochav | 15 July 2026
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