Russia is capitalizing on elevated global oil prices triggered by the ongoing Middle East conflict, pushing crude export volumes near 2026 highs while redirecting flows to key Asian buyers—most notably India. According to tanker-tracking data compiled by Bloomberg, Russia’s four-week average crude shipments reached 3.66 million barrels per day (bpd) in the period ending May […]
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ENB Pub Note: This article ran on Andrew Korybko’s SubStack and is worth reading. He brings up some interesting points, and Turkey is out for Turkey and should be watched. The Polish-led “cordon sanitaire” that’s taking shape along Russia’s western borders will connect with the Turkish-led one that’s poised to emerge along its southern […]
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Stu Turley here from the Energy News Beat Podcast. For years on this show, we’ve been hammering home a core truth: energy policy is destiny. Affordable, reliable, abundant energy drives manufacturing, jobs, investment, and GDP growth. Ideological Net Zero pursuits that ignore reality — spiking costs, killing baseload power, and forcing deindustrialization — deliver the […]
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In a recent appearance on Squawk Box Asia, veteran commodities strategist Jeff Currie (Co-Chairman of Abaxx Markets) delivered a stark warning that resonates deeply with current market dynamics. He described an emerging “rare earth moment” — a qualitative shift where markets have been neglecting the physical world (“atoms”) in favor of financial narratives and tech […]
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Oil facilities at Russia’s strategically vital Black Sea port of Novorossiysk erupted in flames overnight after a Ukrainian drone attack, with satellite imagery confirming a significant blaze at the Grushovaya (also spelled Grushovaya Balka or Grushevaya) oil terminal/depot. The strike marks the latest escalation in Ukraine’s long-range drone campaign targeting Russian energy infrastructure in 2026, […]
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AI’s Power Hunger, LNG Export Ambitions, and Whether America Can Keep Energy Affordable The United States stands at a pivotal moment in its energy story. President Trump has signaled aggressive plans to double U.S. LNG exports in roughly 3.5 years, while artificial intelligence data centers are driving explosive growth in electricity demand that natural gas […]
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Russian President Vladimir Putin arrived in Beijing on May 19, 2026, for a two-day state visit with Chinese President Xi Jinping. This marks Putin’s 25th trip to China and coincides with the 25th anniversary of the Sino-Russian Treaty of Friendship. The timing is critical: it unfolds against the backdrop of the ongoing war in Iran, […]
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Energy News Beat Channel | May 19, 2026 The UK government has taken a pragmatic step that highlights the tension between sanctions policy and energy reality. On May 19, 2026, it published a general trade license (effective May 20) authorizing imports of diesel and jet fuel refined in third countries from Russian-origin crude. This is […]
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The Trump administration is preparing to issue a new sanctions waiver allowing buyers to purchase Russian crude oil and petroleum products already loaded onto tankers, according to people familiar with the matter cited by Bloomberg. The move follows the quiet lapse of the previous general license on May 16 and comes as the US-Israel conflict […]
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In a move that signals business-as-usual intent amid extraordinary disruption, OPEC+ delegates have outlined plans to press ahead with a series of oil production quota increases, aiming to fully unwind the final layer of voluntary cuts announced in 2023 by the end of September 2026. According to Bloomberg reporting, key members intend to raise targets […]
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