ENB Pub Note: Excellent article from Tsvetana Paraskova for Oilprice.com. This brings up a talking point that I have been tracking. When the U.S. or other countries need extra money, they just print it, and when countries in OPEC+ that do not have access to print additional revenue, they just drill for oil and gas. […]
Continue ReadingDaily Standup Top Stories Trump to sign executive orders aimed at reviving coal April 8, 2025 Clark Savage President Donald Trump is preparing to sign executive orders Tuesday to bolster the coal industry, including using his emergency authority to force some coal-fired power plants set for closure to stay open and keep producing […] U.S. Nuclear is […]
Continue ReadingWeekly Daily Standup Top Stories The End of Coal Is Nowhere In Sight February 17, 2025 Clark Savage Retirement of coal-fired power plants in the West has done nothing to reverse global coal demand. Global coal consumption is set to remain at these high levels—or even hit new all-time highs—for a few more […] ‘BRICS is dead’ […]
Continue ReadingDaily Standup Top Stories Are President Trump\’s Tariffs A Good Thing? And how does LNG play into his plan? by Stu Turley Read on Substack Moscow calls for joint Russia-US projects in the Arctic February 18, 2025 Mariel Alumit The head of the Russian sovereign wealth fund has called for revival of economic cooperation between Moscow […]
Continue ReadingThe U.S. Energy Information Administration forecasts non-OPEC crude oil production to increase by 1.8 million barrels per day this year. OPEC+ has maintained output cuts for three years, reducing its global market share from 53% in 2016 to 47% in 2024. Global crude inventories are shrinking, with OECD stocks falling below the five-year average. Crude […]
Continue ReadingWeekly Daily Standup Top Stories Pushback Begins Against Trump’s Oil Agenda February 9, 2025 Clark Savage West Texas Intermediate has been trading around $70 this week after posting two weeks of declines. The last time shale producers pursued a flat-out production strategy, crude prices tanked to the $40s. Cheap oil may […] Iran Says Trump’s Maximum Pressure […]
Continue ReadingDaily Standup Top Stories $300 Billion in Global Nuclear Energy Investment – is this in trouble because of DeepSeek February 8, 2025 Clark Savage ENB Pub Note: This is a fundamental question. Will DeepSeek lead to the cancellation of some nuclear power generation projects? What is the impact on the uranium market and the nuclear supply […]
Continue ReadingWest Texas Intermediate has been trading around $70 this week after posting two weeks of declines. The last time shale producers pursued a flat-out production strategy, crude prices tanked to the $40s. Cheap oil may turn out to be one promise Trump can’t keep—because it’s not entirely up to him. President Trump declared a national […]
Continue ReadingDaily Standup Top Stories Rethinking the global electricity debate: Why reliable power matters for economic growth January 14, 2025 Clark Savage Developing and industrialising regions and economies require reliable and low-cost electricity from dependable sources. Global economic growth is increasing the demand for efficient cost-effective supply chain for the fuels, thousands of products, and for electricity […] […]
Continue ReadingAlgorithmic trading resulted in significant losses for traders last year due to over-reliance on technical signals. Algorithmic traders have reduced the weight of oil in their portfolios by as much as half, from 4% in July last year to just 2% today. Fundamentals are back in the limelight as traders are focusing on supply trends. […]
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