Data source: U.S. Energy Information Administration analysis based on Global Trade Tracker, Argus, and Vortexa Note: Data for 2025 are preliminary. 1H25=first half of 2025. figure data From 2020 to 2024, crude oil and condensate exports from Russia averaged 5.0 million barrels per day (b/d). Exports from Russia in the first half of 2025 (1H25) were 4.3 million b/d (compared […]
Continue ReadingDaily Standup Top Stories How The Union Pacific-Norfolk Southern Deal Would Boost Petrochemicals August 6, 2025 Clark Savage In a landmark move poised to reshape America’s freight rail landscape, Union Pacific (UP) and Norfolk Southern (NS) announced a proposed $85 billion merger on July 29, 2025. This deal, if approved by regulators, would […] Pakistan Strikes U.S. […]
Continue ReadingWelcome back to the Energy News Beat Channel, where we break down the latest developments shaking up the global oil markets. Today, we\’re diving into the U.S. Energy Information Administration\’s (EIA) Weekly Petroleum Status Report, released on August 6, 2025, for the week ending August 1. The headline? U.S. crude oil inventories shrank by a […]
Continue ReadingDaily Standup Top Stories What is the Difference Between Oil, Gas and Wind, Solar and Hydrogen? Returns to investors and shareholders is the key. Stu Turley New Study Finds Wind-Turbine Dismantling Costs Are More Than Claimed, and There Is a Crisis Looming August 5, 2025 Clark Savage As the world races toward renewable energy targets, a […]
Continue ReadingIn a volatile week for global energy markets, oil prices have edged higher, with Brent crude futures climbing to $68.70 per barrel and West Texas Intermediate (WTI) reaching $65.90 per barrel as of August 6, 2025. This modest rebound comes amid escalating U.S. trade threats under President Donald Trump, which are offsetting persistent concerns over […]
Continue ReadingIn a bold escalation of its foreign policy, the United States is intensifying sanctions against Iran, with a particular focus on disrupting financial channels that support the regime\’s oil exports. This move primarily targets China, Iran\’s largest oil buyer and de facto key financier, as part of a broader strategy to curtail Tehran\’s funding for […]
Continue ReadingDaily Standup Top Stories Trump Says US to Hike India’s Tariffs Over Russian Oil Buys August 4, 2025 Clark Savage ENB Pub Note: The Bloomberg story below is pointing out that President Trump is planning on “substantially raising the tariff on Indian exports to the US over their buying Russian oil. This is a trap […] Tankers […]
Continue ReadingENB Pub Note: The Bloomberg story below is pointing out that President Trump is planning on \”substantially raising the tariff on Indian exports to the US over their buying Russian oil. This is a trap and a mistake if President Trump follows through on this. Make no mistake, we have been saying that the war […]
Continue ReadingIn the ongoing geopolitical chess game surrounding Russia\’s invasion of Ukraine, Western sanctions aimed at crippling Moscow\’s energy revenues continue to face significant hurdles. Despite intensified pressure from the United States and the European Union, tankers laden with Russian crude oil are still docking at Indian ports, underscoring the limitations of these measures. This persistent […]
Continue ReadingAs Europe grapples with escalating geopolitical tensions, the European Union is intensifying efforts to tighten sanctions on Russian energy exports. A key focus has shifted to diesel fuel refined from Russian crude in third countries, such as India and Turkey, which has continued to flow into European markets despite existing restrictions. The question looms: Can […]
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