Finance Archives - Page 2 of 73

ExxonMobil and Chevron book $7.6 billion combined profit from Guyana in 2025 — what energy investors need to know

June 13, 2026 Clark Savage244

Guyana’s offshore Stabroek block continues to deliver exceptional results for two of the world’s largest energy companies. In 2025, ExxonMobil reported approximately $4.67 billion in profit from its Guyana operations, while Chevron (through its acquisition of Hess) reported $2.89 billion. The combined $7.56 billion underscores the block’s status as one of the most profitable and […]

Oil Prices Slide as Traders Bet on Diplomacy: When Will Paper Trading Meet Physical Delivery Prices?

June 12, 2026 Clark Savage263

Oil markets are experiencing sharp volatility as traders price in hopes of de-escalation between the United States and Iran. July WTI crude futures plunged $4.32 (4.79%) to settle near $85.93 on June 11, 2026, after trading as high as $95.47 earlier in the week. As of June 12, WTI futures hovered around $84.80–$86, down over […]

Guyana’s Oil Boom Gets a Major Boost From Higher Oil Price. And not being in a choke point helps

June 12, 2026June 12, 2026 Clark Savage167

As global oil prices remain elevated amid geopolitical tensions — including recent spikes tied to Middle East conflicts and risks around the Strait of Hormuz — Guyana’s offshore oil sector is surging ahead. This tiny nation (population under 1 million) is delivering one of the world’s most remarkable energy success stories, proving that energy security […]

JP Morgan Sends Updated Warning on Strait of Hormuz Risks and Oil Price Spikes

June 12, 2026June 12, 2026 Clark Savage540

The global oil market remains on edge as the Strait of Hormuz — the world’s most critical oil chokepoint — stays effectively paralyzed amid the ongoing U.S.-Iran conflict that began in late February 2026. JP Morgan has issued a fresh, more urgent update, warning that the situation could drive Brent crude sharply higher in the […]

Why Oil Is Still Below $100 a Barrel When Physical Oil Is Over $140

June 11, 2026 Clark Savage248

The paradox gripping global energy markets in mid-June 2026 is stark. Brent crude futures — the benchmark “paper” oil traded on exchanges — have hovered around $90–$98 per barrel despite more than 100 days of war involving Iran that has severely disrupted flows through the Strait of Hormuz, a chokepoint for roughly 20% of the […]

The Tale of Two SPRs and Different Uses: US and China Navigate the Iran War Supply Shock

June 11, 2026 Clark Savage275

In the most complex mix of geopolitical supply disruptions in modern history—over 100 days into the US-Iran conflict involving strikes, Hormuz transit risks, and broader Middle East tensions—the United States and China are effectively supplying a significant portion of global oil demand through their strategic and commercial reserves. They are doing so via sharply contrasting […]

Kinder Morgan’s Gulf Coast Express Expansion About to Come On Line – And It Will Impact More Than Natural Gas Prices

June 10, 2026 Clark Savage271

As of early June 2026, Kinder Morgan’s long-awaited Gulf Coast Express (GCX) pipeline expansion is entering service, marking a major step forward for natural gas takeaway from the Permian Basin. The fully contracted, $455 million project (Kinder Morgan’s share approximately $161 million) adds 570 MMcf/d of incremental capacity through new compression along the existing 500-mile […]

Japan Inks Major LNG Deal as Energy Markets Focus Away from Hormuz

June 10, 2026 Clark Savage234

In a significant move to bolster energy security amid escalating geopolitical tensions in the Middle East, Japan’s JERA — the world’s largest buyer of liquefied natural gas (LNG) — has secured a landmark 20-year supply contract with Malaysia’s state-owned Petronas. The deal, announced today following high-level talks between Japanese Prime Minister Sanae Takaichi and Malaysian […]

Kuwait Oil Chief Seeks Pipeline Alternatives to Skirt Hormuz

June 9, 2026 Clark Savage239

Kuwait is actively pursuing pipeline routes to bypass the Strait of Hormuz as ongoing tensions have effectively choked off the Persian Gulf’s primary oil export artery. Sheik Nawaf Al-Sabah, Chief Executive Officer of Kuwait Petroleum Corp. (KPC), the state-owned oil producer, disclosed the initiative during a conference in Washington on Tuesday. According to Sheik Nawaf, […]

US Trade Gap Narrows as Oil Exports Offset AI-Driven Imports

June 9, 2026June 9, 2026 Clark Savage206

The U.S. trade deficit narrowed in April 2026, with exports hitting a record high as surging crude oil and petroleum product shipments more than offset a sharp rise in imports of computers, semiconductors, and telecommunications equipment tied to the AI data center boom. According to data from the Bureau of Economic Analysis (BEA), the trade […]

Category: Finance

ExxonMobil and Chevron book $7.6 billion combined profit from Guyana in 2025 — what energy investors need to know

Oil Prices Slide as Traders Bet on Diplomacy: When Will Paper Trading Meet Physical Delivery Prices?

Guyana’s Oil Boom Gets a Major Boost From Higher Oil Price. And not being in a choke point helps

JP Morgan Sends Updated Warning on Strait of Hormuz Risks and Oil Price Spikes

Why Oil Is Still Below $100 a Barrel When Physical Oil Is Over $140

The Tale of Two SPRs and Different Uses: US and China Navigate the Iran War Supply Shock

Kinder Morgan’s Gulf Coast Express Expansion About to Come On Line – And It Will Impact More Than Natural Gas Prices

Japan Inks Major LNG Deal as Energy Markets Focus Away from Hormuz

Kuwait Oil Chief Seeks Pipeline Alternatives to Skirt Hormuz

US Trade Gap Narrows as Oil Exports Offset AI-Driven Imports

About Energy News Beat

Recent Post

Tesla Quietly Revealed a Massive AI Infrastructure Play

President Trump Tells Fox News: The US Will Be the Guardian of the Strait of Hormuz

Quick Links