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The European-Mediterranean Seismological Centre reported that a 5.6-magnitude earthquake struck 13 kilometers southeast of Karpathos, Greece, 3 minutes ago.

2026-07-02

The European-Mediterranean Seismological Centre reported that a 5.6-magnitude earthquake struck 13 kilometers southeast of Karpathos, Greece, 3 minutes ago.

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2026-07-02

Spot silver touched $62 per ounce for the first time since June 24, up nearly 5% on the day.

Spot silver touched $62 per ounce for the first time since June 24, up nearly 5% on the day.
2026-07-02

A USGS assessment shows the Buda reservoir in Texas is approaching resource exhaustion, with remaining technically recoverable oil of about 12 mln barrels and gas of roughly 1,840 bcf. By contrast, Eagle Ford shale output stayed resilient: in the 12

A USGS assessment shows the Buda reservoir in Texas is approaching resource exhaustion, with remaining technically recoverable oil of about 12 mln barrels and gas of roughly 1,840 bcf. By contrast, Eagle Ford shale output stayed resilient: in the 12 months to March 2026 total oil-and-gas production rose 2.2% YoY, averaging roughly 2.36–2.46 mln boe/d, and the basin is shifting from oil-dominated to steady oil with rising gas. With Gulf Coast access, lower gas costs and an active M&A market, Eagle Ford is expected to remain a key growth area for US shale oil and gas.
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