Irina Slav did a great job today leading the discussion, and it was interesting with the great comments from the live audience. Irina had a great point about the new Ford’s ability to shut down or allow you to use your own car due to heightened stress. This is not good, and I will not […]
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In a one-two punch that is sending shockwaves through global energy markets, the United Arab Emirates has exited OPEC and OPEC+ — and is now openly discussing a currency swap line with the United States. The moves come at a moment of historic turmoil: an ongoing Iran war has disrupted oil flows through the Strait […]
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A Russian tanker carrying crude oil from the Sakhalin-2 project is set to arrive in Japan today, marking a notable development in the country’s efforts to secure energy supplies amid ongoing disruptions in the Middle East. The cargo is destined for Taiyo Oil’s refinery in Ehime Prefecture and represents the latest step by Japan to […]
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TAMPA, Fla. — U.S. Central Command (CENTCOM) announced that its forces will begin supporting Project Freedom on May 4, 2026, to restore freedom of navigation for commercial shipping through the Strait of Hormuz. The mission, directed by the President, aims to support merchant vessels seeking safe transit through this vital international trade corridor. A quarter […]
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David Turver, an Energy Analyst from the UK, stops by the Energy News Beat Podcast. With the spotlight on the world stage around the price of oil, the world is bifurcating into two camps. Those going after Energy Security Starts at home, and the other camp is tripling down on Green Energy and Deindustrialization. I […]
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The United Arab Emirates’ announcement on April 28, 2026, that it will formally exit both OPEC and the wider OPEC+ alliance effective May 1 marks a seismic shift in global oil politics. As one of the cartel’s most significant producers with substantial spare capacity, the UAE’s departure delivers a major blow to an already strained […]
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Venezuela’s oil exports surged to an average of 1.23 million barrels per day (bpd) in April 2026, marking the highest monthly volume in more than seven years and the strongest performance since late 2018, before U.S. sanctions crippled the sector. The 14% jump from March’s 1.08 million bpd reflects a rapid rebound driven by a […]
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Europe’s ongoing quest for energy security—diversifying away from Russian supplies amid geopolitical tensions—has spotlighted the Eastern Mediterranean as a promising alternative source of natural gas. At the heart of this potential lifeline lies Israel’s Leviathan gas field, one of the region’s largest offshore discoveries. While current exports primarily flow to neighboring Egypt and Jordan (with […]
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In a sobering Bloomberg TV interview highlighted in a widely shared X post today, Eric Nuttall — Partner and Senior Portfolio Manager at Ninepoint Partners — warned that the world is experiencing the biggest energy crisis any living person has ever seen. With Middle East oil production slashed by approximately 14 million barrels per day […]
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In a stark warning to markets, CEOs from America’s largest oil companies say the global crude market is rapidly approaching a critical “cliff’s edge.” With the Strait of Hormuz effectively closed for months amid the ongoing U.S.-Israel conflict with Iran, commercial stockpiles, strategic reserves, and pre-war floating crude are being burned through at an alarming […]
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