ENB Pub Note: This article first ran on Andrew Korybko’s Newsletter Substack. We recommend reading and subscribing; in light of the EU meeting with Mark Carney in three weeks, this has some interesting background links. Power is an issue in the EU. – Just saying. Regardless of however the “friendly competition” evolves between Germany […]
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Prime Minister Mark Carney is moving ahead with a new Canada-EU “alliance” to be launched at the Canada-EU summit in Montreal on October 29-30, 2026. In an October 8 appearance in Sherbrooke, Quebec, he framed the step as advancing the relationship European Commission President Ursula von der Leyen floated on September 16—Canada as the EU’s […]
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ENB Pub Note: This article first ran on America Outloud, and we highly recommend reading their news feed. Hat tip to Ronald Sein for sending this over, and we will be covering this on the next Energy News Beat Channel Stand Up. The war in Ukraine is revealing something that is easy to overlook […]
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Supertankers are racing into the Persian Gulf for record fees, and that single migration is redrawing how crude moves. More than 40 percent of the world’s roughly 850 very large crude carriers are now inside the Gulf or within a couple of days’ sail of it, according to Signal Ocean data cited by Bloomberg. Empty […]
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Saudi Arabia, Iraq, and West African sellers are cutting prices to cover record tanker bills, and Brent futures barely flinch. The catch: the barrel that actually reaches a refinery costs more than the screen says, not less. Here is what that gap means for your fill-up, your grocery bill, and the odds of a recession. […]
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ENB Pub Note: This article first ran on Doug Sheridan’s LinkedIn, and we highly recommend connecting. Hat Tip to David Blackmon for running on his Substack, and we recommend subscribing there as well, only after subscribing to the Energy News Beat Substack. – Just saying. Five years ago, Mark Carney wanted finance to accelerate […]
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Russell Hardy did not wake up on October 6 and decide to scare a room full of energy executives. He runs Vitol, the biggest independent oil trader on the planet, and he was describing what his people are actually seeing when they try to move barrels. The seven-month war involving the United States, Israel, and […]
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ENB Pub Note: This article was originally published in Andrew Korybko’s Newsletter on Substack, and we recommend subscribing. In order to counterbalance the Mainstream Media’s bias, you have to do your own research. Getting local views from individual countries has really helped me see things in a real-world way, as opposed to what the media feeds […]
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Record VLCC rates now equal about $33 a barrel — 27 percent of delivered crude — and history shows that energy shocks plus Fed tightening are how demand destruction turns into recession. Especially after the Fed raises rates during an energy crisis, recessions follow. Patterns in finance matter, just like physics matters to the grid. […]
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Washington expanded its economic campaign against Iran on October 1, designating the country’s rail system, major industrial firms, and a Russia-linked shadow banking network on the same day the U.S. military blockade continues to choke seaborne oil exports. The Treasury actions, issued under Operation Economic Outcast, come as three shadow-fleet tankers seized earlier this year […]
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