What’s Affecting Oil Prices This Week? (June 1, 2026)
While ~$140/bbl crude may prompt modest conservation, it falls short of curbing the 3–5 MMbbl/d of demand needed to close the looming supply deficit, Stratas Advisors says.
While ~$140/bbl crude may prompt modest conservation, it falls short of curbing the 3–5 MMbbl/d of demand needed to close the looming supply deficit, Stratas Advisors says.
A Permian Basin field trial showed biosurfactants boosted cumulative oil and gas production, adding momentum to renewed interest in chemical recovery methods.