As global energy dynamics shift amid geopolitical tensions and fluctuating supply chains, China remains a pivotal player in the crude oil market. In 2025, the world\’s largest oil importer will continue its aggressive stockpiling strategy, building strategic petroleum reserves (SPR) at a multi-year high pace. This move not only secures China\’s energy needs but also […]
Continue ReadingIn a move signaling a strategic pivot toward reclaiming market share amid softening global demand, OPEC+ has reached a preliminary agreement to boost oil production starting in October 2025. Key members of the alliance, including Saudi Arabia and Russia, are set to discuss and likely approve an addition of approximately 137,000 barrels per day (bpd) […]
Continue ReadingWeekly Daily Standup Top Stories High Energy Costs Push UK Industry to the Brink September 1, 2025 Clark Savage This week saw yet another hike in Britain’s electricity price cap—the latest in a string of hikes that have ranked the country among the top five with the most expensive electricity in the world. But […] The UK […]
Continue ReadingDaily Standup Top Stories China may be About to Unveil a New Global Currency: Dollar Dominance Challenged, Global Trade Reshaped September 3, 2025 Clark Savage In the ever-evolving landscape of global finance, whispers from Beijing suggest that China may be on the cusp of a groundbreaking move: unveiling a new initiative that could position the yuan […]
Continue ReadingDaily Standup Top Stories High Energy Costs Push UK Industry to the Brink September 1, 2025 Clark Savage This week saw yet another hike in Britain’s electricity price cap—the latest in a string of hikes that have ranked the country among the top five with the most expensive electricity in the world. But […] The UK Energy […]
Continue ReadingIn a revelation that has sent shockwaves through the global energy sector and international diplomacy, Russian seismic surveys have uncovered potential oil and gas reserves estimated at a staggering 511 billion barrels in the icy depths of Antarctica. This figure dwarfs Saudi Arabia\’s proven reserves by nearly double and exceeds the North Sea\’s total output […]
Continue ReadingIn the early hours of August 28, 2025, Ukrainian forces launched a significant drone assault on multiple Russian oil refineries, marking yet another escalation in the ongoing conflict\’s economic warfare. The attacks targeted the Kuibyshev refinery in Samara Oblast and the Afipsky refinery in Krasnodar Krai, with reports also indicating hits on the nearby Novokuibyshevsk […]
Continue ReadingENB Pub Note: This article from Andrew Korybko\’s Newsletter on Substack is spot on. President Trump is running on all cylinders with his domestic team, but the wheels are off the electric school bus, the short electric school bus, in terms of handling Putin, Zelensky, and India. This morning, we see that China is meeting […]
Continue ReadingDaily Standup Top Stories What Does Powell’s Comments in Jackson Hole Mean to the Oil and Gas Markets and Investors? August 23, 2025 Clark Savage Federal Reserve Chair Jerome Powell’s annual address at the Jackson Hole Economic Symposium is always a pivotal moment for global markets, and his 2025 speech, delivered on August 22, was no […]
Continue ReadingIn an escalation of its defense strategy, Ukraine has intensified drone strikes on Russia\’s energy infrastructure, targeting oil refineries, pipelines, and storage facilities that fund Moscow\’s war machine. These attacks, which have disrupted Russian oil production and exports, come amid rising global oil prices as markets react to potential supply shortages. Brent crude futures climbed […]
Continue Reading