Russia Slashes Oil Exports As Fuel Shortages And Drone Attacks Cut into Production

Russia is preparing to sharply reduce its crude oil exports in June, diverting more barrels to the domestic market as refinery disruptions, regional fuel shortages, and persistent Ukrainian drone strikes take a heavy toll on production and logistics. According to preliminary industry and trading data reported by Reuters and cited in OilPrice.com, crude loadings from […]

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EIA Report Indicates Massive Draw

The U.S. Energy Information Administration (EIA) released its latest Weekly Petroleum Status Report on June 3, 2026, covering data for the week ending May 29, 2026. The report reveals a significant tightening in U.S. petroleum inventories, with a massive combined draw in commercial crude oil and Strategic Petroleum Reserve (SPR) stocks. Analyst Ole S. Hansen […]

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Data Centers in Virginia Are Booming—and Using 10,000 Diesel Generators

Virginia’s Northern Virginia region, often called “Data Center Alley,” is the epicenter of the world’s largest concentration of data centers. These massive facilities power everything from cloud computing to AI training, routing up to 70% of global internet traffic. But the boom comes with trade-offs that are increasingly visible to nearby residents: thousands of diesel […]

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Oil from US Emergency Reserves Heads to California for the First Time, Kpler Says

In a notable development underscoring shifting global energy trade flows amid ongoing Middle East tensions, a cargo of crude oil drawn from the U.S. Strategic Petroleum Reserve (SPR) is heading to California for the first time ever, according to ship-tracking firm Kpler. The shipment involves approximately 460,000 barrels of Bayou Choctaw Sweet crude destined for […]

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The Iran War exposes the illusions of energy policy

Smon Stiell, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), recently declared in Paris that those who have fought to keep the world dependent on fossil fuels are “inadvertently supercharging the global renewables boom” — citing the ongoing U.S.-Israeli war with Iran as evidence. It is a striking claim. But it […]

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