Upstream Updates - Monday, July 15, 2024

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| Today’s Upstream Updates

  • Welcome back after a very wild weekend

  • Let’s get you caught up with what is driving the energy market today

  • Key headlines below

| Markets - Energy Prices

Product

Close

$ Change

% Change

WTI Oil

$82.16

-0.05

-0.06%

Brent Crude

$85.01

-0.03

-0.04%

HH Natural Gas

$2.275

-0.054

-2.32%

XOP

$146.00

+0.27

+0.19%

Note: pricing is as of time of publishing.

| Daily Energy News 

  • Oil prices hold ground as dollar gains (Reuters)

  • How long will sell the nat gas rally last (FX Empire)

  • Oil and gas are here to stay (OilPrice)

  • How to make Canada mad - pump oil and reduce emissions (WSJ)

  • Is this Oxy’s next big move to make? (Yahoo Finance)

  • Banks play major role in oil & gas funding (OilPrice)

  • Denver to push nat gas out of buildings (CPR News)

  • Long-term contracts are 60% of LNG trade (Global Energy)

  • Electrification is coming, grid panic is here (Pittsburgh Post)

  • Audi and BP team up for F1 partnership (Release)

  • Texas governor demands action from CenterPoint (Reuters)

  • Conoco still sees merger closing Q4 despite FTC request (Rig Zone)

| X (Twitter) Energy - Insightful Posts 

  • BP is a shadow of the behemoth it once was (Link)

  • Visualizing Aramco’s massive reserves (Link)

  • Middle East drilling demand scaled back (Link)

| Monthly Upstream Deals

| Monthly Capital Markets Activity

  • Pending 

| Partnerships

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Disclaimer - The information provided in this newsletter is for informational purposes only and should not be construed as investment advice. The contents and references herein do not constitute a recommendation to buy, sell, or hold any securities. Readers are encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions based on the information provided herein. The authors and publisher of this newsletter are not liable for any actions taken by readers based on the information contained herei