United States Oil And Gas

Brent crude futures rose $0.89, or 1%, to $91.76 a barrel by 0641 GMT Tuesday, while U.S. West Texas Intermediate gained $1.05 to $85.55 as supply concerns increased.

Offshore and onshore Brazilian oil production infrastructure representing Ecopetrol’s US$1.2 billion acquisition of a controlling stake in Brava Energia.

Prairie Operating (NASDAQ:PROP) reported Q2 2026 revenue of $98.9 million, up approximately 45% year-over-year, while adjusted EBITDA reached $34 million.

Borr Drilling (NYSE:BORR) reported second-quarter 2026 operating revenue of $232.3 million, down 6% sequentially, while net loss widened to $241.4 million.

Flowco Holdings (NYSE:FLOC) reported second-quarter 2026 revenue of $235.9 million, net income of $30.9 million and adjusted EBITDA of $93.9 million.

CMB.TECH (NYSE:CMBT) sold the Suezmax tanker Bristol and expects the transaction to generate a capital gain of approximately $56.9 million in Q4 2026.

Cadeler (NYSE:CDLR) signed contracts worth approximately €805 million with COSCO Shipping Offshore shipyard in Qidong, China, for two new T-class offshore wind installation vessels scheduled for delivery in 2030 and 2031.

Oil prices were largely unchanged Monday as traders assessed possible progress toward reopening the Strait of Hormuz while monitoring continued Middle East tensions.

Seadrill (NYSE:SDRL) reported Q2 2026 operating revenue of $449 million, up 19.1% year over year, with net income of $29 million and adjusted EBITDA of $144 million.

Brent crude futures rose as renewed Middle East tensions followed a Houthi attack that injured 11 civilians in Saudi Arabia’s Najran region.

Dorchester Minerals (NASDAQ:DMLP) reported Q2 revenue of $56.075 million and net income of $30.871 million, both above 2025 levels.

Genesis Energy (NYSE:GEL) reported Q2 2026 attributable net income of $42.9 million, reversing a $0.4 million loss.