Crude Oil News
SPR Relativity
President Biden is slowly moving to replace some of the oil he sold from the Strategic Petroleum Reserve (SPR) to lessen political blowback before the 2022 elections. He is buying back oil at around $75 […]
Year: 2024
Commodities
China could trigger global trade war – Bloomberg
Beijing has been actively investing in manufacturing to support the economy in light of the real-estate crisis China’s decision to focus its economic efforts on manufacturing could provoke a new trade war with other global […]
International News
DNV: 18 LNG-powered vessels ordered in December, 2023 orders drop
Classification society DNV has added 18 LNG-powered ships to its Alternative Fuels Insight platform in December. In total, 130 LNG-powered vessels were ordered last year, down from 222 in 2022. DNV said that a total […]
BRICS
Daily Energy Standup Episode #282 – Oil Demand Predictions, CBDC Support, BP Takeover Talks, BRICs Expansion, and More
Daily Standup Top Stories Standard Chartered: Oil Demand Growth To Remain Robust In 2024 And 2025 January 8, 2024 Mariel Alumit Standard Chartered have predicted that oil demand growth in the current year will clock in […]
EIA News
Canada’s Trans Mountain Pipeline expansion reportedly 95% complete
In-brief analysis January 8, 2024 Data source: U.S. Energy Information Administration, Environmental Systems Research Institute, Inc. (ESRI), Giving Data Meaning (GDM), and the Government of Canada: Natural Resources Canada Work on […]
Climate Crisis
Energy Transition #93 -Filmed Live On YouTube on January 8, 2024
ENERGY TRANSITION EPISODE #93 – GREEN SUBSIDIES Highlights of the podcast: 01:25 – The Financial Times 02:21 – The science was settled on climate change 04:05 – The price is a decline in industrial output […]
BRICS
BRICS Expands Footprint In The Global South
Iran, Saudi Arabia, Egypt, Ethiopia and the United Arab Emirates formally joined the BRICS group of major emerging economies on January 1, 2024, expanding the bloc’s footprint in the Global South and growing its economic […]
Crude Oil News
Standard Chartered: Oil Demand Growth To Remain Robust In 2024 And 2025
Standard Chartered have predicted that oil demand growth in the current year will clock in at a robust 1.54 mb/d and 1.41 mb/d in 2025. StanChart has forecast that global oil demand growth in 2024-2025 […]
Climate Crisis
Daily Energy Standup Episode #281 – Energy Buzz: Mergers, Mandates, and Market Dynamics
Daily Standup Top Stories A Natural Gas Plant Guarding US Northeast From Winter Blackouts Is at Risk – Consumers at mortal risk January 7, 2024 Stu Turley (Bloomberg) — A natural gas terminal that’s been operating […]
Crude Oil News
These Were The Top 5 Oil Producers Of 2023
Defying earlier expectations of slowing growth, U.S. crude oil production has surged this year to extend America’s lead at the top of the ranking of the world’s biggest oil producers. In September, U.S. oil output […]