Section
Prices, OPEC, rig counts, and the supply and demand swings that move the barrel.
What this section covers
Left axis crude $/bbl, right axis Henry Hub gas $/MMBtu. Solid is EIA spot, dashed is the EIA STEO forecast. Source: EIA.
Switch between WTI crude, Brent, and natural gas, across 1 month to all data. Daily EIA spot prices.
Daily spot price. Source: EIA. Intraday and 5-year history coming with a data backfill.
Rigs and production across the major US shale basins. Open a basin for its trend lines and outline map.
| Basin | Rigs | Oil M bbl/d | Gas Bcf/d |
|---|---|---|---|
| Permian | 257 | 6.15 | 22.8 |
| Eagle Ford | 54 | 1.03 | 4.3 |
| Appalachia | 36 | — | 34.2 |
| Bakken | 28 | 1.19 | 2.8 |
Source: EIA STEO · 2026-06. Click a basin for its trend and outline map.
Markets
A UK government data set logs monthly and annual road fuel and home heating fuel prices, plus a crude oil price index, with revisions dating to 2013.
UK Government and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 3d
Markets
Williams says it cut carbon intensity emissions 28% since 2018 and signed deals for about 2.6 gigawatts of on-site gas power for data centers.
Williams Companies, Inc News Releases and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 3d
Markets
US-Canada energy trade value fell 11% to about $137 billion in 2025 as crude oil prices and crude import volumes both dropped, the EIA said.
EIA and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 4d
Markets
A government-commissioned study finds streaming, e-books and AI translation use no more power than DVDs, printed books and human translation, often less.
UK Government and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 5d
MarketsAnalysis
Expand Energy will pay $1.25 billion for Twin Eagle, turning North America's largest gas producer into its leading gas marketer too.
By Global Energy Report · 6d
MarketsAnalysis
Baker Hughes will supply six liquefaction blocks, 12 modules total, for Venture Global's CP2 LNG expansion in Louisiana.
By Global Energy Report · 6d
Markets
Natural Gas Services Group will release second-quarter results after market close on Aug. 10 and hold a call the next morning at 8:30 a.m. EST.
GlobeNewswire-Oil-Equipment-Services and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 and Baker Hughes Rig Count and U.S. Energy Information Administration - WTI Cushing spot price and U.S. Energy Information Administration - Henry Hub spot price · 6d
MarketsAnalysis
Orders reached $10.5 billion and IET backlog hit a record $37.1 billion as Baker Hughes closed its Chart Industries purchase.
By Global Energy Report · 7d
MarketsAnalysis
Kinder Morgan's board raised its dividend 2% as adjusted earnings per share climbed 32% in the second quarter of 2026.
By Global Energy Report · 11d
MarketsAnalysis
The Norwegian producer will pay 248.4 million shares and USD 204 million in cash for BlueNord, creating a 450,000-barrel-a-day North Sea producer.
By Global Energy Report · 12d
Markets
Sempra will release second-quarter 2026 earnings before the market opens on August 6, with a management call set for noon ET.
Sempra and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 13d
Markets
The European Commission recommends EU countries suspend methane import penalties from 2027 to 2029, citing the risk to security of supply.
European Commission and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 14d
Markets
NHC gives a disorganized low-pressure system in the Gulf of America a 60% chance of becoming a tropical depression within a week.
NHC and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 14d
Markets
Ofgem approved licence exemptions letting NESO skip four planning reports while it builds one long-term network plan due by December 2028.
UK Government and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 16d
Markets
The Permian added three rigs and Canada dropped 19 as the U.S. rig count rose to 588 this week, according to Baker Hughes.
Baker Hughes Rig Count and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 16d
Markets
OPEC's Charter of Cooperation held its first Technical Committee meeting in Baku, drawing over 20 countries to set a workplan.
OPEC and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 18d
Markets
Ontario's Critical Minerals Innovation Fund is giving Rock Tech Lithium $262,500 to test whether pulp and paper waste can process lithium ore.
All Energy and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 20d
MarketsAnalysis
US crude production broke its own record last year, pulling about 40% ahead of Russia and Saudi Arabia even as prices fell.
By Global Energy Report · 24d
Markets
Baker Hughes booked three awards from Bechtel and Cheniere for equipment that adds over 6 MTPA of capacity at the Sabine Pass LNG terminal.
Baker Hughes Press Releases and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 and Cheniere Energy, Inc. · 24d
Markets
The commission used its authority to stay Chicago Mercantile Exchange's self-certified listing, a day before the contract could have started trading.
CFTC and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 24d
Markets
Baker Hughes will supply gas turbines and generators to Kodiak Gas Services under a deal that starts at 1 GW and could grow to 1.8 GW over time.
Baker Hughes Press Releases and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 25d
Markets
The trader will take deliveries in August, September and November after agreeing to ease legal limits on South Sudan's advance oil payments.
All Energy and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 25d
Markets
NGS will move its state of incorporation from Colorado to Texas effective around July 20, 2026, after shareholders approved the change.
GlobeNewswire-Oil-Equipment-Services and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 25d
Markets
Baker Hughes secured multiple ONGC contracts to run wireline and drill stem testing across offshore and onshore fields in India.
Drilling Contractor and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 26d
MarketsAnalysis
In their first bilateral meeting, Rubio and Chile's Pérez Mackenna discussed US investment in critical minerals and AI supply chain security.
By Global Energy Report · 26d
MarketsAnalysis
Brent fell to $85 a barrel in June, and EIA expects shut-in oil supply to return by early 2027 after a US-Iran deal reopened the Strait of Hormuz.
By Global Energy Report · 26d
Markets
Gulf producers are flooding discounted crude into Asia and Europe as OPEC's authority frays after the Iran war.
OPEC and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 26d
Markets
RigCLOUD Powered by Corva combines Nabors's edge computing platform with Corva's AI engine, giving drilling crews one set of real-time performance data.
Drilling Contractor and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 27d
Markets
Baker Hughes counted 580 active US rigs this week, up 7, while Canada's count fell by 7 to 190.
Baker Hughes Rig Count and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 27d
Markets
Field trials in the Middle East, Australia and Argentina show Baker Hughes' Kantori system raising drilling speed and cutting well downtime.
Drilling Contractor and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 27d
Markets
Itinera, Saipem and ICM will build a 21-kilometre stretch of Romania's A8 motorway linking Iași to Moldova for about €700 million.
Saipem and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 31d
Markets
The UAE exited OPEC on May 1, 2026. Without it, OPEC held 31% of world crude production in 2025 instead of 35%.
Today in Energy and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 40d
Markets
The 20th World Oil Outlook projects oil demand climbing to 124 mb/d by 2050 and calls for $17.7 trillion in oil investment to meet it.
opec.org and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 44d
Markets
WTI $84.65, Brent $84.36, Henry Hub $3.06/MMBtu in the latest EIA data, as of 2026-06-15.
EIA · 48d
MarketsAnalysis
Net US energy exports rose 20% to a record 11 quadrillion Btu in 2025, with petroleum and natural gas doing almost all the work.
By Global Energy Report · 67d