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  • [ October 21, 2025 ] The US Needs to Restock the Strategic Oil Reserve – This would save money and jobs in the long run. Crude Oil News
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HomeFinance

Finance

AI

AI in Upstream and Midstream Oil and Gas: Lifting Barrels, Lowering Lease Operated Expense

May 30, 2025 Clark Savage

ENB Pub Note: This article was originally posted on LinkedIn by Jon Brewton, Founder and CEO of the AI company Data Squared. https://data2.ai/ I had the privilege of interviewing Jon in the first of our […]

Price
Finance

US Government Interest Payments to Tax Receipts, Average Interest Rate on the Debt, and Debt-to-GDP Ratio in Q1 2025

May 29, 2025 Stu Turley

Update on an ugly situation. By Wolf Richter for WOLF STREET. A key issue of the US government fiscal situation: What portion of the tax receipts are eaten up by interest payments on the monstrous and ballooning federal […]

Pending Home Sales
Finance

Pending Home Sales Plunge in All Regions, Inventories Surge. In the West & South, Collapsed Sales Meet Spiking Inventories

May 29, 2025 Stu Turley

Adios, “spring selling season.” By Wolf Richter for WOLF STREET. Pending home sales, a forward-looking indicator of “closed sales” of existing homes, plunged by 6.3% in April from March, seasonally adjusted, according to data from the National Association […]

ENB Pub Note

Understanding Economic Growth vs. Debt and Spending – Without DOGE cuts the falicy of growing our way out out of dept is just foolish thinking.

May 29, 2025 Clark Savage

Peter St Onge, Ph.D. is one of my favorite X personalities in the finance world. He just posted a great post, and it prompted me to do a little digging. I have also reached out […]

Big Oil Companies

Eni selling nearly half of its carbon capture business to BlackRock’s GIP

May 29, 2025 Stu Turley

Eni is selling nearly half of its carbon capture business, which prompts me to pause and examine the overall market first. We have seen the failure of Shell and BP’s run at the green energy […]

Gold Holdings
Finance

How the ECB’s Mark-to-Market of its Gold Holdings to €1 Trillion and €3.1 Trillion in QT Affect its Balance Sheet

May 28, 2025 Stu Turley

Under QT, the ECB shed €3.1 trillion in bonds and loans. Separately, it wrote up its gold assets by €409 billion, or by 68%, to reflect soaring gold prices. By Wolf Richter for WOLF STREET. The ECB values […]

Earnings

Golar chairman says FLNG industry set for ‘massive’ growth

May 28, 2025 Mariel Alumit

ENB Pub Note: Golar’s earnings call financial specifics are at the top, and the LNGPrime update follows. Golar LNG Limited (GLNG) held its Q1 2025 earnings call on May 27, 2025. Below is a summary […]

Earnings

Dynagas LNG Partners reports higher Q1 net income

May 28, 2025 Mariel Alumit

The NYSE-listed limited partnership formed by shipowner Dynagas posted a net income of $13.6 million for the first quarter of this year. This represents a 15.3 percent increase compared to $11.7 million in the same […]

Climate Crisis

Why Goldman Sachs Is Wrong (Again) About Oil Prices!

May 28, 2025 Andy Del Prado

Daily Standup Top Stories Trump Administration Fast-Tracks Utah Uranium Mine, Signals Robust Push for Critical Minerals May 27, 2025 Clark Savage Today, I had the privilege of visiting with Robert Bryce,  (David Blackmon) Energy Transition Absurdities, and Douglas C. Sandridge  about President […]

Finance

Durable Goods Orders Made Ugly Headlines, but the 3-Month Average, which Irons Out Aircraft Orders, Rose to a Record

May 27, 2025 Stu Turley

And the backlog of unfilled orders remained at record high. By Wolf Richter for WOLF STREET. New orders for durable goods received by manufacturers in the US in April “plunged,” as the headlines had it, by 6.3% in […]

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