Russia\’s oil exports have decreased modestly since 2022, shifting toward Asia

Data source: U.S. Energy Information Administration analysis based on Global Trade Tracker, Argus, and Vortexa Note: Data for 2025 are preliminary. 1H25=first half of 2025. figure data From 2020 to 2024, crude oil and condensate exports from Russia averaged 5.0 million barrels per day (b/d). Exports from Russia in the first half of 2025 (1H25) were 4.3 million b/d (compared […]

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Why a Mega Merger in the Railroad Industry Is Pertinent to Energy Investors

Daily Standup Top Stories How The Union Pacific-Norfolk Southern Deal Would Boost Petrochemicals August 6, 2025 Clark Savage In a landmark move poised to reshape America’s freight rail landscape, Union Pacific (UP) and Norfolk Southern (NS) announced a proposed $85 billion merger on July 29, 2025. This deal, if approved by regulators, would […] Pakistan Strikes U.S. […]

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EIA Reports Surprise Draw in US Crude Oil Inventories: A Bullish Signal Amid Geopolitical Tensions

Welcome back to the Energy News Beat Channel, where we break down the latest developments shaking up the global oil markets. Today, we\’re diving into the U.S. Energy Information Administration\’s (EIA) Weekly Petroleum Status Report, released on August 6, 2025, for the week ending August 1. The headline? U.S. crude oil inventories shrank by a […]

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Pakistan Strikes U.S. Oil Deal as Trump Jabs India

In a move that underscores the shifting dynamics of global energy alliances, the United States and Pakistan have inked a significant trade and energy pact aimed at unlocking Pakistan\’s untapped oil reserves. Announced by President Donald Trump via his Truth Social platform, the agreement not only promises to bolster Pakistan\’s domestic energy production but also […]

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BP to Cut 6,000 Jobs in Another Business Review

In a move signaling ongoing efforts to streamline operations and boost profitability, British energy giant BP has announced plans to eliminate approximately 6,200 office-based roles this year, marking an increase from its earlier target of 4,700 job cuts. This latest round of reductions comes as part of a second comprehensive business review within six months, […]

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