From the field, the market and the business of energy.
Useful perspective for investors who want to understand the business behind the well.
Our articles cover the issues that shape domestic oil and gas, from drilling and production to commodity markets, tax considerations and the realities of developing energy projects.
Some pieces are educational. Others reflect what we are seeing in the market or learning through our own work.
The goal is simple: provide useful perspective for investors who want to better understand the business behind the well.
From the field, the market and the business of energy.
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Iran Running Out of Oil Cargoes: The Physical Wall Hits the Persian Gulf
With Iranian floating storage down to just 4 million barrels and crude trading at a rare premium due to scarcity, the US naval blockade has hit a critical inflection point. Here is how global markets are absorbing the shock.
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What Has Been the One Constant Through Hormuz Turmoil?
While military threats dominate the news, a silent macroeconomic chess move by Beijing is the only thing keeping global energy markets from outright panic.
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Phillips 66 Profit Soars: Inside the Blowout Q2 2026 Earnings and the Market's Cautious Reaction
Phillips 66 (NYSE: PSX) smashed Q2 2026 earnings with a $9.41 adjusted EPS, but its stock slid slightly post-announcement. We break down the crack spreads, geopolitical drivers, and capital allocation strategy.
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Oil Prices Today: WTI Near $76 and Brent Near $80 as Traders Weigh Hormuz Talks and Mixed EIA Inventory Data on August 5, 2026
Oil prices dipped on August 5, 2026, with WTI near $76 and Brent near $80 as potential U.S.-Iran negotiations over the Strait of Hormuz offset a highly mixed EIA inventory report and fresh tanker strikes.
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Oil Prices Today: Brent Near $88, WTI Near $82 as Crude Heads for Roughly 20% July Gain
At 0752 GMT on July 31, Brent crude eased to about $88 a barrel and WTI to about $82, but the market still headed for roughly a 20% monthly gain. Fox Energy reviews the latest EIA inventory data and OPEC demand outlook for U.S. investors and mineral owners.
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Shell Reports 102% Refinery Utilization as Q2 Gas Output Slips on Qatar-Linked Disruptions
Shell said refinery utilization reached 102% in Q2 while integrated-gas production fell to 631,000 boe/d amid disruptions affecting Qatari volumes.
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