Tesla’s energy storage division—once a quiet, high-margin moneymaker that outpaced the company’s slowing EV sales—has hit an unexpected bump. Bloomberg’s latest report highlights how the battery business, which fueled rapid revenue growth amid softening auto demand, suddenly stalled in early 2026. In Q1 2026, Tesla deployed just 8.8 GWh of energy storage products—down about 15% […]
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In a striking intervention that challenges Europe’s long-standing energy decoupling strategy, Claudio Descalzi, CEO of Italy’s state-backed energy giant Eni, has publicly urged the European Union to suspend its upcoming ban on Russian liquefied natural gas (LNG). Speaking at a political event organized by Italy’s Lega party, Descalzi stated: “I think that it is necessary […]
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ENB Pub Note: The Energy Bad Boys are one of my favorite Substack authors out there, and I am sending them a note to get them on the podcast. This is an outstanding article, and will be covered on the Energy News Beat Stand up later today. We highly recommend subscribing to their Substack as […]
Continue ReadingThe latest Weekly Petroleum Status Report from the U.S. Energy Information Administration (EIA), released on February 19, 2026, reveals a significant drawdown in U.S. crude oil inventories for the week ending February 13, 2026. Commercial crude oil stocks fell by 9.0 million barrels to 419.8 million barrels, a stark reversal from the previous week\’s […]
Continue ReadingIn the volatile world of energy markets, where geopolitical tensions and supply chain dynamics can swing prices overnight, the latest data from the U.S. Energy Information Administration (EIA) offers a mixed bag for oil investors. U.S. crude oil inventories have ticked upward in recent weeks, signaling a slight easing of supply tightness—but they\’re still lagging […]
Continue ReadingThis is an important story that is evolving as we speak. Stu Turley wrote about this a year ago, and it is now evolving into a mix of how the global finance market is morphing into gold-backed securities rather than a security based upon nuclear military might. This is a huge change, and when you […]
Continue ReadingIn a surprising turn for energy markets, the latest Weekly Petroleum Status Report from the U.S. Energy Information Administration (EIA) reveals a drawdown in U.S. commercial crude oil inventories, challenging the prevailing narrative of an oil glut that has weighed on prices in recent months. For the week ending October 17, 2025, crude stocks fell […]
Continue ReadingWeekly Daily Standup Top Stories Citi Says Russia-Ukraine De-escalation Could Impact Oil to $50, and Oil’s Surplus Is Here—But What’s the Real Story? October 19, 2025 Clark Savage In the volatile world of energy markets, headlines from major financial institutions like Citigroup often grab attention. Recently, Citi analysts suggested that a potential de-escalation in the Russia-Ukraine […]
Continue ReadingDaily Standup Top Stories Citi Says Russia-Ukraine De-escalation Could Impact Oil to $50, and Oil’s Surplus Is Here—But What’s the Real Story? October 19, 2025 Clark Savage In the volatile world of energy markets, headlines from major financial institutions like Citigroup often grab attention. Recently, Citi analysts suggested that a potential de-escalation in the Russia-Ukraine conflict […]
Continue ReadingIn the volatile world of energy markets, headlines from major financial institutions like Citigroup often grab attention. Recently, Citi analysts suggested that a potential de-escalation in the Russia-Ukraine conflict could drive oil prices down toward $50 per barrel, accelerating an already emerging supply surplus. This comes amid reports of a \”billion-barrel flotilla\” signaling the long-awaited […]
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