By Stuart Turley, Energy News Beat January 31, 2026 The latest Baker Hughes rig count report, released on January 30, 2026, shows a modest uptick in U.S. drilling activity with the total rig count climbing by 2 to 546. This marks a slight rebound from the previous week\’s 544 rigs. However, the figure remains significantly […]
Continue ReadingIn a resilient performance amid volatile energy markets, ExxonMobil (XOM) reported fourth-quarter 2025 earnings that surpassed Wall Street estimates, driven by unprecedented production levels that mitigated the impact of declining oil prices. The company\’s focus on high-margin assets in the Permian Basin and Guyana underscored its operational strength, even as broader industry headwinds persisted. This […]
Continue ReadingIn the heart of California\’s oil country, a critical artery for the state\’s energy supply has been severed. The San Pablo Bay Pipeline, the largest inland crude oil pipeline in the Golden State, has shut down, forcing thousands of barrels of oil to be transported by truck instead. What was once a seamless underground flow […]
Continue ReadingIn a year marked by fluctuating oil prices and geopolitical uncertainties, Chevron Corporation (NYSE: CVX) has delivered a strong finish to 2025, surpassing Wall Street\’s profit expectations for the fourth quarter. The energy giant\’s performance, bolstered by record production levels and strategic positioning in key markets like Venezuela, underscores its resilience amid industry challenges. As […]
Continue ReadingRobert Bryce is an author and movie producer, and he has a great Substack at Robertbryce.substack.com. We consider him a national treasure, and he holds nothing back in this great interview. We explore the world to see how energy, oil, and geopolitics collide. As we release this podcast, US Ships are approaching Iran, and oil […]
Continue ReadingJust in time for the potentially crippling storm hitting the Southern Half of the United States, this podcast interview with Dr. Brett Bennett of the Texas Public Policy Foundation highlights the money spent on wind and solar, but not on resilience. While significant improvements have been made to the ERCOT Grid system, a fundamental issue […]
Continue ReadingYou can’t buy this kind of entertainment. When President Trump throws out a mean Truth Social post, he can move the markets, but when an Aircraft Carrier Strike group shows up near Iran and Iraq, the oil traders panic. It is quite possible that the Glut Narative may just roll off into the sunset, as […]
Continue ReadingBy Stuart Turley, Energy News Beat January 29, 2026 – Truth Social posts from President Trump can certainly rattle markets, but when U.S. aircraft carrier task forces deploy to the Persian Gulf, that\’s when traders sit up and take notice. This morning, Brent crude surged past the $70 per barrel mark for the first time […]
Continue ReadingIn the volatile world of energy markets, oil traders are increasingly betting on upward price movements, driven by escalating geopolitical tensions in the Middle East. The global Brent benchmark has shown a call skew—a premium for bullish call options—for 14 consecutive sessions, while the U.S. crude marker has followed suit for 13 days, marking the […]
Continue ReadingAs geopolitical tensions escalate in the Middle East, the arrival of U.S. warships near Iranian waters has sent ripples through global energy markets. President Donald Trump\’s administration has bolstered its military presence, including the USS Abraham Lincoln carrier strike group, amid threats of potential strikes against Iran following recent unrest and proxy conflicts. This buildup, […]
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