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 […]
Continue ReadingDaily 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 conflict […]
Continue ReadingIn 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 conflict could drive oil prices down toward $50 per barrel, accelerating an already emerging supply surplus. This comes amid reports of a \”billion-barrel flotilla\” signaling the long-awaited […]
Continue ReadingDaily Standup Top Stories OPEC+ Has Come Close to Its Limit, Leaving Prices Open to Spike October 8, 2025 Clark Savage In the volatile world of global energy markets, OPEC+—the alliance of oil-producing nations led by Saudi Arabia and Russia—is pushing against its production boundaries. With spare capacity dwindling, the group finds itself in a precarious […] […]
Continue ReadingIn a strategic move to bolster its energy security amid global market volatility, China is accelerating the construction of 11 new oil storage facilities over the next two years. State-owned oil giants such as Sinopec and CNOOC are leading the effort, aiming to add a combined capacity of approximately 169 million barrels by the end […]
Continue ReadingChina, the world\’s largest importer of crude oil, has been on a buying spree in 2025, amassing stockpiles that are raising eyebrows across global energy markets. With crude prices hovering at levels reminiscent of two decades ago when adjusted for inflation, Beijing appears to be capitalizing on bargain-basement deals to bolster its strategic reserves. But […]
Continue ReadingIn the ever-volatile world of energy markets, the latest data from the U.S. Energy Information Administration (EIA) has sent ripples through the industry. For the week ending August 15, 2025, U.S. crude oil inventories experienced a significant drawdown, dropping by 6.01 million barrels—far exceeding market expectations of a modest 0.85 million barrel decline. This brought […]
Continue ReadingIn a significant blow to the UK\’s domestic energy production, French energy giant TotalEnergies has secured a High Court victory allowing it to decommission the Gryphon floating production, storage, and offloading (FPSO) vessel in the North Sea. The ruling, handed down on August 12, 2025, paves the way for the shutdown of a key hub […]
Continue ReadingDaily Standup Top Stories How The Union Pacific-Norfolk Southern Deal Would Boost Petrochemicals August 6, 2025 Clark Savage In a landmark move poised to reshape America’s freight rail landscape, Union Pacific (UP) and Norfolk Southern (NS) announced a proposed $85 billion merger on July 29, 2025. This deal, if approved by regulators, would […] Pakistan Strikes U.S. […]
Continue ReadingWelcome back to the Energy News Beat Channel, where we break down the latest developments shaking up the global oil markets. Today, we\’re diving into the U.S. Energy Information Administration\’s (EIA) Weekly Petroleum Status Report, released on August 6, 2025, for the week ending August 1. The headline? U.S. crude oil inventories shrank by a […]
Continue Reading