December Henry Hub natural gas futures have climbed to a seven-week high, driven by a near-term cold spell across key heating-demand regions and record-level LNG export flows. The rally comes even as the U.S. Energy Information Administration (EIA) has sharply lowered its winter price outlook, underscoring the market’s sensitivity to short-term weather while longer-term supply […]
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With roughly 50 days remaining until the European Union’s full ban on Russian LNG imports takes effect on January 1, 2027, the bloc has already spent more on Russian liquefied natural gas this year than it did in all of 2025. German campaign group Urgewald, analyzing Kpler vessel-tracking data, estimates that EU ports received 12.89 […]
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For years, “energy security starts at home” served as a catchy talking point in policy debates. The Iran war and the resulting disruptions around the Strait of Hormuz, combined with the 2026 midterm “blue wave,” have turned it into a practical requirement for businesses, investors, grid operators, and voters. Reliability, affordability, and deliverable supply now […]
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Two U.S. carriers sit in the Arabian Sea, tankers are still being hit near Hormuz, and refinery strikes in Russia have resumed. Brent just fell to its lowest since Aug. 31 anyway. Here is what is confirmed, what open-source trackers see, the signals for and against a new strike, and what each chokepoint means for […]
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In this special joint episode of The Crude Truth and Energy Newsbeat podcasts, hosts Rey Trevino and Stu Turley sit down with Oklahoma Senator Alan Armstrong and energy consultant Steve Reese to discuss the seismic shifts in U.S. energy policy following the 2024 election. With Democrats gaining significant ground in Texas—a traditionally Republican energy stronghold—and […]
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Japan is on track to reclaim the title of the world’s largest liquefied natural gas (LNG) importer in 2026 for the first time since 2022, narrowly ahead of China. Analysts at ICIS and Kpler both forecast a slim Japanese lead driven by weak Chinese spot buying amid high prices, full storage, and structural shifts toward […]
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Crude is not scarce. Diesel out of the Atlantic basin is — and the refineries that could make it are not where the barrels are, or configured to run them. American margins are near records while Asian margins have collapsed, and that gap is doing more to set the price at your pump than the […]
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The quarter Shell lost its Qatari supply was its best since 2022, and not for the reason most people think. Refining paid for it. A portfolio of options made the difference. By Energy News Beat | Oct. 29, 2026 | Shell results published 7:00 a.m. GMT; LNG prices read 1:00 p.m. CT Shell earned $10,814 […]
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A letter from the Vice President is the most senior American outreach to Tehran in months, and crude drifted lower on the news. The same reporting says Washington and Israel are still preparing a week of strikes after the Nov. 3 election. Both things are true, and the gap between them is what you are […]
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Trump’s tariffs and China’s steel glut are squeezing Canadian mills from both sides. Algoma’s blast furnace is shut, Stelco lines sit idle, and LNG Canada Phase 2 is going back to a Chinese fabrication yard. By the ENB Research Desk for Stu Turley. Data as of Oct. 26, 2026 (CT). Bottom line up front The […]
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