In a bold escalation of its campaign against Russia\’s shadow fleet, Ukraine has carried out its first drone strike on a Russian-linked oil tanker in the Mediterranean Sea, marking a significant expansion of the conflict beyond the Black Sea region. The attack on the Oman-flagged tanker Qendil, which occurred off the Libyan coast on December […]
Continue ReadingIn a bold escalation of its campaign against Russia\’s war machine, Ukraine launched overnight drone strikes on key energy infrastructure deep inside Russian territory. The attacks targeted the Slavyansky Oil Refinery in the Krasnodar region and the Nikolaevskaya oil depot in Rostov, disrupting fuel supplies critical to Moscow\’s military operations. Confirmed by Kyiv\’s military intelligence […]
Continue ReadingIn a move that underscores the ongoing ripple effects of Western sanctions on Russia\’s energy sector, at least one independent Chinese refiner—commonly known as a \”teapot\”—has snapped up Russian ESPO crude at a significant discount. The purchase, made late last week, came at a markdown of $7 to $8 per barrel below the ICE Brent […]
Continue ReadingIn a series of bold operations, Ukrainian forces have intensified their drone campaigns against Russian energy assets, underscoring the ongoing geopolitical tensions\’ profound impact on global oil markets. The latest strikes, including a significant hit on the Afipsky oil refinery in Krasnodar Krai, highlight Ukraine\’s strategy to disrupt Russia\’s oil production and export capabilities. Additional […]
Continue ReadingIn a stark indicator of mounting pressures on Russia\’s energy sector, the country\’s oil and gas revenues are projected to plummet by nearly 50% in December 2025, reaching a five-year low of approximately $5.15 billion. This sharp decline caps off a challenging year, with cumulative revenues for the first 11 months of 2025 estimated at […]
Continue ReadingPeter Boockvar, CIO of One Point BFG Wealth Partners, was interviewed on \’Fast Money\’ to discuss why he is bullish on energy heading into 2026. I found this story very interesting as Peter goes through the key bullet points. Their interview was on CNBC. This Friday, Stu Turley and David Blackmon will host a discussion […]
Continue ReadingIn the volatile world of energy markets, where geopolitical tensions and supply chain dynamics can swing prices overnight, the latest data from the U.S. Energy Information Administration (EIA) offers a mixed bag for oil investors. U.S. crude oil inventories have ticked upward in recent weeks, signaling a slight easing of supply tightness—but they\’re still lagging […]
Continue ReadingIn a significant blow to Russia\’s wartime economy, state revenues from oil and gas exports are projected to decline sharply in November 2025. According to calculations by Reuters, these revenues could drop by approximately 35% compared to November 2024, falling to around 520 billion roubles ($6.59 billion). This estimate is based on lower oil prices […]
Continue ReadingIn a world of geopolitical volatility, the oil market remains a barometer for global tensions. As we approach the end of 2025, two hypothetical scenarios loom large: a complete shutdown of Venezuela\’s oil production amid escalating U.S. pressures, and a peace deal in Ukraine that could lead to the lifting of sanctions on Russian oil, […]
Continue ReadingIn a significant escalation of the ongoing energy warfare between Ukraine and Russia, the Caspian Pipeline Consortium (CPC) has suspended oil loading operations at its Black Sea terminal in Novorossiysk following a Ukrainian naval drone attack. The incident, which occurred early on November 29, 2025, marks the latest in a series of targeted strikes on […]
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