Daily Standup Top Stories Alberta Spends $5 Million to Support World’s First Direct Air Carbon Capture Centre Would Trees Be Cheaper? China’s EV Market is in turmoil June 25, 2025 Clark Savage China’s EV market is quite fascinating, and some of their products are equipped with cool features; however, their predatory practices, which contribute to trade […]
Continue ReadingU.S. crude oil inventories have dropped to an 11-year seasonal low, driven by robust summer driving demand, yet oil stocks are paradoxically declining. The U.S. Energy Information Administration (EIA) reported an 11.5 million barrel drawdown to 420.9 million barrels for the week ending June 13, 2025, the most significant weekly decline in a year.web:1 High […]
Continue ReadingDaily Standup Top Stories Trump Truths a Strategic Shift: China Can Buy Iranian Oil June 24, 2025 Clark Savage In a surprising pivot, President Donald Trump announced on Truth Social that “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also.” This statement, made on […] China Planned […]
Continue ReadingIn a surprising pivot, President Donald Trump announced on Truth Social that “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also.” This statement, made on June 24, 2025, marks a significant departure from the Trump administration’s “maximum pressure” campaign, reinstated in February 2025, which aimed […]
Continue ReadingChina, the world’s largest crude oil importer and a powerhouse in global energy consumption, has long prioritized energy security as a cornerstone of its economic and geopolitical strategy. With escalating tensions in the Middle East—a region critical to China’s oil and liquefied natural gas (LNG) imports—Beijing’s foresight in building substantial oil reserves and diversifying its […]
Continue ReadingThe Strait of Hormuz, the narrow waterway connecting the Persian Gulf to the Gulf of Oman and the Arabian Sea, remains one of the world’s most critical and volatile energy chokepoints. Recent reports of widespread GPS jamming, six supertankers executing abrupt U-turns, and escalating tensions between Israel and Iran have reignited concerns about the stability […]
Continue ReadingWhen Israel’s strikes on Iranian facilities sent oil prices spiking in mid-June 2025, U.S. oil producers didn’t hesitate. With West Texas Intermediate (WTI) crude jumping from the high $50s to $75 per barrel, shale operators rushed to hedge their output, locking in juicy profits just before a ceasefire announcement by President Donald Trump cooled the […]
Continue ReadingDaily Standup Top Stories The Iran Retaliatory Strike on the U.S. Airbase in Qatar: A Page from the De-Escalation Playbook June 23, 2025 Clark Savage On June 23, 2025, Iran launched a missile attack on the Al Udeid Air Base in Qatar, a key U.S. military hub in the Middle East, in retaliation for U.S. airstrikes. […]
Continue ReadingThe past twelve days have seen an unprecedented escalation in tensions between Israel and Iran, dubbed the \”12-Day War,\” with significant implications for global energy markets and geopolitical stability. On June 23, 2025, U.S. President Donald J. Trump announced a \”Complete and Total CEASEFIRE\” between the two nations, raising hopes for a de-escalation of hostilities. […]
Continue ReadingOn June 23, 2025, Iran launched a missile attack on the Al Udeid Air Base in Qatar, a key U.S. military hub in the Middle East, in retaliation for U.S. airstrikes. The strike, described by Iran’s military as “devastating and powerful,” sent ripples through global markets, particularly in the energy sector. Yet, rather than spiking, […]
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