In a series of escalating attacks that underscore the fragile security in Iraq\’s oil-rich regions, drone strikes have targeted multiple oilfields in the semi-autonomous Kurdistan area, leading to the shutdown of up to 200,000 barrels per day (bpd) of crude production. These incidents, attributed to Iran-aligned militias, come amid longstanding disputes over oil revenue sharing […]
Continue ReadingIn an era where global leaders and environmental advocates push aggressively for Net Zero emissions by 2050, the reality on the ground tells a starkly different story. Oil and gas production are not just holding steady—they\’re booming. Major producers like the UAE, Iraq, Saudi Arabia, Brazil, Guyana, and even Norway are ramping up output, with […]
Continue ReadingThis article is from Andrew Korybko\’s Newsletter on Substack. He sent it to me, and after reviewing it, I think he is right. President Trump\’s domestic advisers are on fire, on target, and executing his plan. It is very clear that the Trump Adminstration\’s advisors leading the Russian / Ukraine conflict are totally uninformed and […]
Continue ReadingAs the global energy market navigates geopolitical tensions, Russia\’s crude oil shipments have shown a notable rebound in recent weeks, even as the shadow of potential new U.S. sanctions looms large. With President Donald Trump issuing a stark ultimatum tied to the ongoing Russia-Ukraine conflict, the implications for Russia\’s oil and liquefied natural gas (LNG) […]
Continue ReadingIn an era where headlines often trumpet the impending demise of fossil fuels, the reality on the ground tells a different story. Global oil consumption shattered records in 2024, climbing to 101.8 million barrels per day (bpd), a 0.7% increase from the previous year and marking an all-time high. This surge, primarily driven by non-OECD […]
Continue ReadingIn a bold move that could reshape global energy markets and geopolitical dynamics, President Donald Trump has issued a stark ultimatum to Russia amid the ongoing conflict in Ukraine. Drawing from recent reports, Trump has threatened to impose 100% secondary tariffs on Russia if the war does not conclude within 50 days. This announcement, made […]
Continue ReadingIn the high-stakes world of global energy, Saudi Aramco finds itself trapped in a precarious position under the oil price policies of U.S. President Donald Trump. Trump\’s administration has long advocated for a tightly controlled oil price range that benefits American interests but squeezes the profitability of major producers like Aramco. As oil prices hover […]
Continue ReadingIn a surprising turn for global energy markets, the recent surge in oil supply led by OPEC+ has failed to loosen the grip on the tight oil market. Despite announcements of substantial production hikes, oil prices have remained resilient, inventories stay critically low, and the U.S. shale sector—often referred to as the tight oil market—continues […]
Continue ReadingIn an escalating diplomatic standoff amid heightened tensions in the Middle East, the United States has issued a stern warning to Iraq over its alleged involvement in facilitating the smuggling of Iranian oil. This comes on the heels of fresh U.S. sanctions targeting networks that disguise Iranian crude as Iraqi oil, potentially allowing it to […]
Continue ReadingAs tensions simmer between the United States and Brazil, a potential trade war looms, with oil emerging as a central battleground. U.S. President Donald Trump’s threat to impose a 50% tariff on Brazilian imports starting August 1, 2025, has put Brazil’s vital oil export sector under scrutiny. This article explores the trade dynamics, Brazilian oil […]
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