Oil Is Not Done Yet: Wood Mackenzie Report Says Oil Demand Increasing to at Least 2032

In a landscape dominated by headlines about renewable energy and the push toward net zero emissions, a new report from Wood Mackenzie delivers a sobering reminder: global oil demand is far from fading. According to the consultancy\’s Energy Transition Outlook 2025-2026, released in late October 2025, oil demand won\’t peak until 2032—two years later than […]

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BP, Eni and TotalEnergies Warn the “2026 Oil Glut” Is a Mirage

In a bold counter to the International Energy Agency\’s (IEA) dire predictions of a massive oil surplus, executives from Europe\’s leading oil majors—BP, Eni, and TotalEnergies—are sounding the alarm that the so-called \”2026 oil glut\” may be nothing more than an illusion. While the IEA forecasts an \”untenable\” oversupply potentially reaching 4 million barrels per […]

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No New North Sea Oil Wells for First Time Since 1960s: Labour’s Crackdown on Oil and Gas Industry Blamed for Collapse of Exploration in UK Waters

In a stunning blow to the UK\’s energy sector, 2025 is set to mark the first year since 1964 without any new exploratory oil wells being drilled in the British North Sea. This is yet another example of bad management and energy policies. According to a Westwood Global Energy survey, no offshore exploration wells have […]

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The Oil and Gas Markets Financial Update – And on Monday we have Doomberg

Josh Young, founder and CEO of Bison Interests, joins David Blackmon and Stu Turley to unpack the major developments shaping today’s energy markets. From new sanctions and shifting trade policies to rare earth supply issues and OPEC capacity, the conversation explores how political and geopolitical factors continue to influence oil, gas, and investment trends. Josh […]

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Inside California’s Wildfire Fund: Who Really Pays the Price? – ENB Weekly Recap

Weekly Daily Standup Top Stories Citi Says Russia-Ukraine De-escalation Could Impact Oil to $50, and Oil’s Surplus Is Here—But What’s the Real Story? October 19, 2025 Clark Savage In the volatile world of energy markets, headlines from major financial institutions like Citigroup often grab attention. Recently, Citi analysts suggested that a potential de-escalation in the Russia-Ukraine […]

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