The U.S. energy market is reeling from a massive 11.5 million-barrel draw in crude oil inventories, one of the largest weekly declines in recent memory. Despite this significant tightening of supply, oil prices have remained surprisingly stable, with West Texas Intermediate (WTI) July contracts hovering around $71.88 after a brief spike earlier this week. The […]
Continue ReadingDaily Standup Top Stories Trump reveals Iran would ‘like to talk’ about a nuclear deal since they’re ‘not winning’ war against Israel June 16, 2025 Clark Savage ENB Pub Note: This update from The New York Post highlights several key issues. First, there is a willingness from Iran to talk, and President Trump wants them to […]
Continue ReadingThe Strait of Hormuz, the world’s most critical oil chokepoint, has experienced a minor dip in cargo traffic, according to recent reports from naval forces patrolling the region. Despite heightened geopolitical tensions and electronic interference affecting maritime navigation, oil flows through this vital artery remain largely stable, offering a cautiously optimistic outlook for energy investors. […]
Continue ReadingDaily Standup Top Stories Israel Targets Iran’s South Pars Gas Field in Escalating Airstrikes, Iran Retaliates June 14, 2025 Clark Savage In a significant escalation of hostilities, Israel has reportedly launched airstrikes on Iran’s South Pars gas field, the world’s largest natural gas reserve, located in the Persian Gulf and shared with Qatar. According to IRGC-affiliated […] […]
Continue ReadingThe Strait of Hormuz, a narrow 21-mile-wide passage between Iran and Oman, is the world’s most critical chokepoint for oil and liquefied natural gas (LNG) trade. Often described as the \”jugular vein\” of global energy, it facilitates the flow of roughly 20% of the world’s oil and a quarter of its LNG. Recent geopolitical tensions, […]
Continue ReadingIn a significant escalation of hostilities, Israel has reportedly launched airstrikes on Iran’s South Pars gas field, the world’s largest natural gas reserve, located in the Persian Gulf and shared with Qatar. According to IRGC-affiliated media and posts on X, the attacks targeted critical infrastructure in Phase 14 of the South Pars field in Bushehr […]
Continue ReadingDaily Standup Top Stories Is the Trump Tariff War with China Over, and What Is the Final Impact to Investors? June 11, 2025 Clark Savage The U.S.-China trade war, a rollercoaster of tariffs, retaliations, and negotiations, has been a defining issue for global markets since President Donald Trump’s first term. With recent developments signaling a potential […]
Continue ReadingThe U.S. Geological Survey (USGS) recently released a significant assessment identifying undiscovered, technically recoverable oil and gas resources in the Mowry Composite Total Petroleum System, which includes the Niobrara Formation, spanning southwest Wyoming, northeast Colorado, and parts of Utah. This report, published on May 21, 2025, estimates 473 million barrels of oil and 27 trillion […]
Continue ReadingThe European Union is rolling out its 18th sanctions package against Russia, and this time, it’s aiming straight for the heart of Moscow’s energy sector. With a proposed ban on the Nord Stream pipelines and a tighter $45-per-barrel cap on Russian oil (down from $60), the EU is doubling down on its strategy to choke […]
Continue ReadingDaily Standup Top Stories Solar Bankruptcies Show US Clean Energy Industry Is on the Edge of a Financial Cliff June 9, 2025 Clark Savage The U.S. clean energy sector, once hailed as the future of sustainable growth, is teetering on the brink of a financial precipice. A wave of high-profile bankruptcies among solar companies in 2024 […]
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