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HomeSaudi Arabia

Saudi Arabia

Crude Oil News

Saudi Aramco Raises $4 Billion as Oil Prices Remain Under the Oil Glut Threat

January 27, 2026 Clark Savage

In a strategic move amid persistently low oil prices and the looming specter of a global oil glut, Saudi Aramco has successfully raised $4 billion through a four-tranche bond issuance, marking its first entry into […]

Downstream

Gov Newsom Under Fire yet Again as Shell Closes 1,100 Gas Stations, Causing Hardship on Citizens

January 24, 2026 Clark Savage

In a move that’s sending shockwaves through California’s already strained energy sector, oil giant Shell has announced plans to shutter or divest approximately 1,000 retail gas stations nationwide between 2024 and 2025, with significant impacts […]

Crude Oil News

Canada Has Imported Billions of Dollars of Oil, Yet It Remains an Oil and Gas Rich Country

January 23, 2026 Clark Savage

As an energy-rich nation with the fourth-largest proven oil reserves in the world, Canada paradoxically continues to import billions of dollars’ worth of crude oil annually. This irony was recently highlighted in a viral X […]

Crude Oil News

OPEC Oil Supply Flat as Venezuela Output Falls

January 8, 2026 Clark Savage

In the ever-volatile world of global energy markets, the Organization of the Petroleum Exporting Countries (OPEC) continues to navigate a delicate balance between supply management and external pressures. Recent data from December 2025 indicates that […]

Saudi Arabia leading the future of energy - Source: ENB
Carbon Capture

Saudi Arabia Taking 2026 Energy Leadership Seriously

December 30, 2025 Clark Savage

ENB Pub Note: We are interviewing Doug Sandridge in one week, upon his return from Saudi Arabia, on energy policies and global leadership from the Saudi and OPEC perspectives. As they are looking to reform […]

Market Dysfunction Rather Than a Glut - Energy News Beat - Source: ENB
Crude Oil News

Oil Glut and Surging Barrels at Sea Have Spooked Oil Traders and the Market, but Is This Market Dysfunction Rather Than a Glut?

December 23, 2025 Clark Savage

In the volatile world of global energy markets, the sight of surging oil barrels floating at sea has sent shockwaves through traders and investors. As of late 2025, global crude supplies have ballooned, with an […]

Crude Oil News

US Rig Count Up Amid Continued Glut Warnings

December 12, 2025 Clark Savage

The US oil and gas sector is showing signs of resilience with a recent uptick in drilling activity, even as analysts sound alarms over an impending global oil surplus. According to the latest Baker Hughes […]

Crude Oil News

OPEC+ Production Increases and Spare Capacity Audit – Oil Market Implications

December 2, 2025 Clark Savage

ENB Pub Note: This article is from the Bison Insights with Josh Young. Stu Turley, David Blacmon, Josh Young, and Wasif Latif will be live next week, and this article will be one of the […]

CO2 & GHG

Petrodollar: Dead or Just Wounded?

November 24, 2025 Andy Del Prado

This is an important story that is evolving as we speak. Stu Turley wrote about this a year ago, and it is now evolving into a mix of how the global finance market is morphing […]

Crude Oil News

Is the US Petrodollar Dead, or Just Wounded?

November 23, 2025 Clark Savage

In the ever-evolving landscape of global energy markets and finance, few concepts have sparked as much debate as the “petrodollar.” Coined to describe the system where oil is predominantly priced and traded in U.S. dollars, […]

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