Tankers are burning in the Strait of Hormuz, visible traffic through the waterway has collapsed to a fraction of normal levels, and U.S. Energy Secretary Chris Wright says he is “highly confident” Europe will draw down emergency diesel stocks to ease a global shortage. The combination is keeping a firm geopolitical premium in crude while […]
Continue Reading
China is once again withholding refined products from the global market, layering fresh stress onto an already strained diesel complex. On October 1, 2026, trade sources reported that Chinese refiners have suspended oil-product exports for October to destinations other than Hong Kong and Macau, pending new guidance from Beijing. State-owned major PetroChina has canceled planned […]
Continue Reading
Cyrus Brooks of RBAC and NJ Ayuk, Executive Chairman of the African Energy Chamber, stopped by the Energy News Beat podcast. In this episode of the Energy News Beat Podcast, host Stu Turley sits down with two influential voices in global energy: Cyrus Brooks of RBAC and NJ Ayuk, Executive Chairman of the African Energy […]
Continue Reading
WTI is hovering near $89 after a sharp September unwind from above $100. Brent is still the more stubborn benchmark, recently trading in the mid-to-high $90s after spending stretches of the month above $100. The market is no longer pricing a clean “Hormuz victory.” It is pricing a split world: more crude is moving again, […]
Continue Reading
Announced in July 2026 and still at the feasibility-study stage, it would initially move 500,000 barrels per day (expandable to 800,000) of Western Canadian crude to Sarnia’s refining hub. Ontario is leading the study, due by the end of 2026, and Ford has said the province is prepared to provide “patient capital” while seeking private […]
Continue Reading
ENB Pub Note: This article is from friends of the Energy News Beat podcast, Ronald Stein and Michael Karbowski, on America Outloud. We are looking to get them on the podcast in a few weeks. Currently, we have about 10 interviews going through production and have lots of news rolling. We highly recommend following Ronald […]
Continue Reading
Welcome back to the Energy News Beat podcast. Today we’re diving into one of the most critical conversations happening in American politics—energy security, economic policy, and leadership. Our guest is Eric Flores, a former federal prosecutor, Captain in the Texas Army National Guard, and congressional candidate running in South Texas’s District 34 with President Trump’s […]
Continue Reading
On March 17, 2026, the Department of Homeland Security issued the longest and broadest Jones Act waiver since at least 1950, covering energy commodities and fertilizer inputs. The waiver was extended twice and now runs through November 15, 2026, with a narrower product list and voyage-by-voyage review after August 17. The Cato Institute’s Jones Act […]
Continue Reading
Diesel prices in the United States have smashed records, topping $6 per gallon nationally and exceeding $7 on the West Coast, while inventories sit well below five-year averages. Truckers, farmers, freight operators, and industrial users feel it first. The pain is global: European and Asian markets have also hit or approached records as middle-distillate supplies […]
Continue Reading
Kirk Edwards, President of Latigo Petroleum, stops by the Energy News Beat Podcast In this episode of the Energy News Beat Podcast, host Stu Turley sits down with Kirk Edwards, President of Latigo Petroleum, to discuss the critical energy challenges reshaping global markets. From diesel shortages and geopolitical tensions to drone warfare targeting refineries, the […]
Continue Reading