Malaysia has introduced new regulations to combat illegal ship-to-ship (STS) oil transfers in its territorial waters, a move that could disrupt operations of the so-called shadow tanker fleet moving sanctioned oil to China. Under the new rules, vessels caught conducting unauthorised STS operations will face immediate detention, with the release process expected to take weeks. […]
Continue ReadingIn a significant shift amid escalating geopolitical tensions, Indian state refiners have temporarily halted purchases of Russian crude oil this week. This decision comes in response to U.S. President Donald Trump\’s threats of imposing 25% tariffs on Indian goods and additional penalties for India\’s reliance on Russian oil and military equipment, set to take effect […]
Continue ReadingIn a high-stakes diplomatic rendezvous set against the backdrop of Trump\’s Scottish golf resort in Turnberry, US President Donald Trump and European Commission President Ursula von der Leyen are scheduled to convene today at 4:30 p.m. local time. The meeting aims to hammer out a trade agreement that could avert impending 30% tariffs on EU […]
Continue ReadingWeekly Daily Standup Top Stories OPEC is Looking for Market Share While Playing the Long Game July 20, 2025 Clark Savage In the ever-evolving landscape of global energy markets, the Organization of the Petroleum Exporting Countries (OPEC) continues to navigate a delicate balance between securing greater market share and sustaining elevated oil prices. As of mid-2025, […] […]
Continue ReadingIn the ever-evolving landscape of global energy, China\’s role as the world\’s largest oil importer has long been a cornerstone of market dynamics. However, recent projections suggest a significant shift: China\’s oil demand is expected to peak around 2027 and then enter a gradual decline. This development, highlighted in a recent LinkedIn post by energy […]
Continue ReadingDaily Standup Top Stories Natural Gas Has Achieved Dominance and Is No Longer a Bridge Fuel July 20, 2025 Clark Savage In the evolving global energy landscape, natural gas has undergone a profound transformation. Once positioned as a mere “bridge fuel” to facilitate the shift from coal to renewables, it is now recognized as a cornerstone […] […]
Continue ReadingThe European Union officially rolled out its 18th sanctions package today, overcoming opposition from Slovakia earlier in the week. The sanctions are aimed squarely at crippling Moscow’s revenue streams and tightening the noose on its shadow fleet of sanctioned tankers Under the new measures, the oil price cap for Russian crude will be tightened—reduced to […]
Continue ReadingIn the ever-evolving landscape of global energy markets, the Organization of the Petroleum Exporting Countries (OPEC) continues to navigate a delicate balance between securing greater market share and sustaining elevated oil prices. As of mid-2025, OPEC\’s strategy appears firmly rooted in a \”long game\” approach, where the cartel unwinds production cuts to reclaim lost ground […]
Continue ReadingWe are seeing more and more stories of key indicators of the shift back to energy normalcy. A small increase in Rigs this week in the U.S., but globally up 27; however, that is still not enough to increase production and lower prices. We are going to see another swing away from renewables in successful […]
Continue ReadingIn a bold yet unilateral move, the European Union has rolled out its 18th sanctions package against Russia and Belarus, slashing the price cap on Russian crude oil from $60 to $47.60 per barrel. This adjustment, representing a 15% reduction below the average market price, aims to further squeeze Moscow\’s energy revenues amid the ongoing […]
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