Copper Tops $14,000 With Banks Calling for Even More Upside | OilPrice.com Michael Kern What I Cover My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… More Info Premium Content By Michael Kern – Jun 03, 2026, 12:00 PM CDT Goldman Sachs...Continue Reading

Kuwait Says Oil Output Won’t Recover for 10-12 Weeks After Hormuz Reopens | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 03, 2026, 11:30 AM CDT Kuwait Petroleum Company expects it will take considerably longer to restore oil production than many traders appear to assume...Continue Reading

Britain’s Borrowing Outlook Darkens as Energy Shock Deepens | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Jun 03, 2026, 11:00 AM CDT The OBR says it...Continue Reading

Iraq Targets 770,000 bpd Through Ceyhan as Southern Output Climbs Back | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 03, 2026, 10:30 AM CDT Iraq has restarted production at some of its most important oil fields, including West Qurna 1, Majnoon and Fauqi, lifting...Continue Reading

Russian President Vladimir Putin has authorized TotalEnergies to sell its 10% stake in the Arctic LNG 2 project, allowing the French energy major to exit a U.S.-sanctioned LNG development that has faced significant operational and export challenges. SourceContinue Reading

New Enverus research shows U.S. Class VI carbon storage permit approvals are accelerating in 2026, while new application activity has slowed, creating a growing pipeline of CCS projects awaiting regulatory review. SourceContinue Reading

Kuwait is evaluating expanded overseas oil storage capacity and alternative export routes after disruptions linked to the Iran war highlighted the country’s dependence on the Strait of Hormuz for crude exports. SourceContinue Reading

Crude oil inventories in the United States decreased by 8.0 million barrels during the week ending May 29, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 433.7 million barrels, according to government data, which is now 3% below the five-year average for this...Continue Reading

South Korea Locks In Canadian Crude, LNG in Sweeping Supply Overhaul | OilPrice.com Michael Kern What I Cover My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… More Info Related News By Michael Kern – Jun 03, 2026, 9:30 AM CDT South...Continue Reading

DNV has verified the performance of Carbon Ridge’s onboard carbon capture system during a pilot installation aboard a Scorpio Tankers vessel, confirming peak CO2 capture rates of up to 98% during commercial operations. SourceContinue Reading