Daily Standup Top Stories What do oil and gas exports mean to the Russian economy? How will the new Biden Sanctions play with President Trump’s negotiations? January 12, 2025 Clark Savage ENB Pub Note: The following article is an excellent summary from Alexandra Prokopenko and Alexander Kolyandr about what the oil and gas exports mean to […]
Continue ReadingPrices have hit a five-and-a-half-month high amid fears of disruptions to supply, according to the outlet Global diesel prices and refining margins have surged following the latest round of US sanctions targeting Russia’s oil trade, driven by traders’ expectations of reduced diesel and crude supply, Reuters reported on Friday, citing analysts and London Stock Exchange […]
Continue ReadingIn the Energy News Beat – Conversation in Energy with Stuart Turley talks with Steve Goreham about the key energy challenges for 2025, including rising electricity demand driven by AI, EV slowdowns, and grid capacity struggles, alongside potential policy shifts under the Trump administration. It critiques the environmental and economic viability of renewables like wind, […]
Continue ReadingFuel shipments have hit an 11-month high driven by diesel and fuel oil, the outlet has said Russia’s refined fuel exports have surged to their highest level in nearly a year, even as the US imposed new sanctions on the country’s energy sector last week, Bloomberg reported on Thursday. Seaborne shipments of Russian petroleum […]
Continue ReadingThe US President-elect’s advisers are reportedly considering easing restrictions on Russian energy depending on how Ukraine peace talks go Advisers to US President-elect Donald Trump are developing a strategy to push Russia-Ukraine peace talks which could involve easing sanctions on Moscow, Bloomberg reported on Thursday, citing sources familiar with Trump’s plans. Last week, incumbent US President Joe […]
Continue ReadingThe International Energy Agency had earlier warned that US restrictions could disrupt global supply chains Global oil prices soared on Wednesday after the US announced a new sanctions package targeting the Russian oil sector. The rally has also been supported by a drawdown in US crude stockpiles. According to market data, Brent crude futures rose […]
Continue ReadingDeliveries of newbuild product tankers will reach their highest level since 2009 this year, according to international shipping organisation BIMCO. The 2025 will see about 12m dwt delivered, up 256% compared to last year’s deliveries, and the second highest on record, chief shipping analyst at BIMCO Niels Rasmussen noted. The increase follows a surge in […]
Continue ReadingDaily Standup Top Stories Germany on course for longest post-war recession – data January 15, 2025 Mariel Alumit GDP contracted by 0.2% in 2024 due to soaring energy costs and weak exports, official figures show The German economy contracted for a second straight year in 2024 for the first time in more than […] The EU’s Trump-China […]
Continue ReadingIsrael and Hamas have agreed on a Gaza ceasefire and hostage release deal following 15 months of war with the shipping industry now looking towards the Houthis of Yemen to see if they will stop targeting merchant ships and bring an end to the Red Sea shipping crisis. The six-week phase one of the ceasefire […]
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Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year. The change estimated by the EIA compared with a modest draw of around 1 million barrels for the previous week, which also saw sizable builds in fuel inventories that dragged oil prices […]
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