Did Fed Chair Jerome Powell Buy Oil Stocks?

Daily 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 […]

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Oil Prices Moving Up as Ukraine Breaks Ranks to Attack Russian Oil

In 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 […]

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President Trump\’s Tariffs and Sanctions on India Will Do More Damage to the U.S. Dollar in a Boomerang

In a bold move echoing his first-term trade policies, President Donald Trump has imposed tariffs and sanctions on India, targeting its massive imports of Russian crude oil. These measures, including a 25% tariff on certain Indian imports tied to Russian energy purchases, aim to curb India\’s role in circumventing Western sanctions on Russia amid the […]

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What Does Powell\’s Comments in Jackson Hole Mean to the Oil and Gas Markets and Investors?

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 exception. Titled \”Monetary Policy and the Fed\’s Framework Review,\” Powell signaled a potential shift toward easing monetary policy amid cooling inflation and a softening […]

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Chinese Firm Concord Resources Developing Oil Fields in Venezuela

In a significant move amid ongoing geopolitical tensions and U.S. sanctions, private Chinese company China Concord Resources Corp (CCRC), operating under the name Concord Resources, has committed to a $1 billion investment in Venezuela\’s oil sector. This initiative aims to revitalize two underutilized oil fields, potentially boosting Venezuela\’s crude production at a time when the […]

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US Rig Count Falls as Drillers Play it Safe

The U.S. rig count continues its downward trend, reflecting a cautious approach by drillers amid fluctuating oil prices, economic uncertainties, and a focus on capital discipline rather than aggressive expansion. According to the latest data from Baker Hughes, the total number of active drilling rigs in the United States dropped by one to 538 for […]

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What Happens to Investors When the World\’s Biggest Banks Are Ditching Net Zero

The global push toward net zero emissions has been a cornerstone of climate policy and investment strategy for years, but recent developments suggest a significant shift. Major banks, once vocal supporters of environmental, social, and governance (ESG) initiatives, are increasingly retreating from these commitments. This trend raises critical questions for investors in the energy sector: […]

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