WellDatabase Weekly Rig Report for July 18, 2026: US Rig Count Climbs Up 11 with Strong Horizontal and Oil Activity

The latest WellDatabase US Rig Report (dated July 18, 2026) shows the U.S. active drilling rig count at 567, marking a solid +11 week-over-week (WoW) increase and +37 year-over-year (YoY) gain. This reflects resilient drilling activity amid a stable-to-rising trend over the past 12 months, with the count holding in the mid-to-high 500s range. Key […]

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Iraq Suspends Crude Loading at All Export Terminals, Impacting ~4 Million Barrels per Day – Incident at Basra Terminals in the Persian Gulf, Not a Strait of Hormuz Closure

Iraq has suspended crude oil loading operations at all its southern export terminals following a drone incident at the Basra (Basrah) terminal complex in the Persian Gulf. The move affects a significant portion of the country’s exports, which normally average around 3.3–3.6 million barrels per day (bpd) via these facilities (with some market commentary citing […]

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How is the rebalancing of the oil market handling Russia’s degraded refining capacity, and sanctioned dark fleet?

ENB Pub Note: This article originally ran on RHG Phoenix’s site by Randy Green. We will be visiting with them on the podcast soon.   The global oil market is navigating a complex rebalancing act amid geopolitical disruptions, sanctions evasion, and shifting supply dynamics. As of mid-July 2026, Brent crude trades in the low-to-mid $80s per […]

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America’s Biggest Utility Sees Blackouts Ahead: Americans Must Prepare Now for Grid Strain, Natural Disasters, and Emerging Security Risks

Exelon Corporation, America’s largest electric utility by customer count, is sounding the alarm. Its CEO, Calvin Butler, has warned that the United States could face blackouts as early as 2027. This comes amid surging electricity demand — driven heavily by AI data centers — and chronic underinvestment in new power generation and grid infrastructure. At […]

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