Brent crude fell 3.6% to $94.00 per barrel on Monday, November 9, 2026, with WTI dropping about 3% to $88.09, extending last week’s steep 16% slide in Brent—the sharpest weekly drop since the start of the COVID-19 pandemic. The move was driven by reports that Qatar’s prime minister was en route to the White House […]
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Crude fell about $19 a barrel in three sessions. Diesel fell by about the same amount in dollars, so the shortage premium barely moved. Stocks under 100 million barrels are a big reason food, freight and heating still feel expensive. By Energy News Beat | As of November 9, 2026 CST Published Nov. 9, 2026 […]
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Energy News Beat | November 9, 2026 Strathcona Resources Ltd. (TSX: SCR) has agreed to acquire all outstanding shares of Greenfire Resources Ltd. (TSX: GFR; NYSE: GFR) in a cash-and-stock transaction valued at approximately C$2.7 billion to C$2.9 billion, including Greenfire’s roughly C$550 million in net debt as of September 30, 2026.Strathconaresources The deal, announced […]
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Two oil giants are choosing different speeds in West Texas—not walking away from American energy. The real test is what survives the next price cycle. By Energy News Beat | Planned Sunday November 8, 2026 issue | Facts researched November 7, 2026 CST The family-budget question When you pull up to the diesel pump, you […]
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U.S. drilling activity remains firmly elevated on a year-over-year basis even as weekly moves stay modest. Baker Hughes’ traditional rotary count printed 604 active U.S. rigs for the week ending November 6, 2026 (up 1 week-over-week and up 56 from a year earlier). Oil-directed rigs reached 463 (+1) and gas-directed rigs 131 (+1). WellDatabase’s operator-level […]
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The 75,000-barrel rule is real—but it is not an expansion ban. Here is where America should look for practical refinery gains. By Energy News Beat | November 7, 2026 A refinery headline meets the family fuel budget For families watching the gas pump and small businesses paying diesel bills, “expand the refinery” sounds […]
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The election creates a real regulatory risk—not evidence of an imminent shutdown. Schools, households and investors need the distinction. By Energy News Beat | Friday, November 6, 2026 Evidence in brief What is established What is not established Governor-elect; next term begins Jan. 1, 2027 Official election certification was not verified. Tougher permitting/enforcement proposals An […]
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Two U.S. carriers sit in the Arabian Sea, tankers are still being hit near Hormuz, and refinery strikes in Russia have resumed. Brent just fell to its lowest since Aug. 31 anyway. Here is what is confirmed, what open-source trackers see, the signals for and against a new strike, and what each chokepoint means for […]
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In this episode of the Energy News Beat Podcast, host Stu Turley sits down with Douglas C. Sandridge, Senior Vice President at Fulcrum Energy Capital Funds, to challenge one of the most widely accepted narratives in energy policy: that we’re in the midst of an energy transition away from fossil fuels toward renewables. Drawing on […]
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New Jersey Governor Mikie Sherrill has formally warned the state’s port and terminal operators against accepting Russian diesel cargoes authorized under a Trump administration deal, arguing the imports violate a 2022 federal statute and could expose businesses and individuals to substantial civil and criminal penalties. In a November 2 letter to operators, Sherrill stated that […]
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