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HomeBrent

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Crude Oil News

US Cut Forecast for Oil Output Just Before Crude’s Latest Plunge

May 6, 2025 Clark Savage

ENB Pub Note: Yesterday, we examined Cap Ex budgets, and today, we are investigating production, demand estimates, and storage. The current storage levels are low and are listed below. Here is a lot of data […]

Crude Oil News

Oil Prices Bounce Back From OPEC+ Bombshell

May 6, 2025 Clark Savage

Oil prices rallied aggressively on Tuesday morning, recovering from the OPEC+-induced drop that was sparked by the cartel’s decision to unwind production cuts at a faster rate than previously planned. Despite the recovery, uncertainty remains […]

Crude Oil News

Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash

May 6, 2025 Clark Savage

ENB Pub Note: The story below is from Tsvetana Paraskova on Oilprice.com, and she has some great points about the Saudi Budgets. I have been saying that the Saudis need the $80 to $85 oil, […]

Critical Minerals

Trump: Can Oil Prices Push Ukraine Toward Peace?

May 6, 2025 Andy Del Prado

Daily Standup Top Stories Dropping Oil Price Boosts Odds of Ukraine Peace Deal, Trump Says May 5, 2025 Clark Savage ENB Pub Note: President Trump’s team still does not understand what motivates President Putin to end […]

Big Oil Companies

Big Oil Isn’t Backing Down at $60 Oil

May 5, 2025 Clark Savage

ENB Pub Note: If you have heard the Energy News Beat Podcast, you have heard me say that ESG Investing has impacted American oil and gas companies and their commitment to their investors and stakeholders. […]

Policies And Climate
Crude Oil News

What is the future for U.S. crude oil? Have we hit peak production?

May 5, 2025 Clark Savage

ENB Pub Note: This article is from The Crude Truth Substack. I agree with the point that a single basin output does not define the country’s energy production capabilities. So, has the United States hit […]

Crude Oil News

What is the new norm for oil prices?

May 2, 2025 Clark Savage

Being in the oil and gas business as a family-owned exploration and production company is one of the most significant rewards I have had in my professional career. And the number one question I get […]

OIl fields in Iran created by Grok on X
Crude Oil News

How would a Nuclear Deal with Iran impact the global oil markets?

April 22, 2025 Clark Savage

While examining the headlines of other publications, it is interesting to consider the potential impact of the 1-2 million barrels per day returning to the market after the sanction removal. I have a different perspective […]

CO2 & GHG

Week Recap: Trade War and Tariffs Impact Global Markets, Cause Oil Prices to Plummet

April 12, 2025 Andy Del Prado

Weekly Daily Standup Top Stories Trump Tariffs Threaten UK Economic Stability April 6, 2025 Clark Savage Donald Trump’s imposition of new tariffs has triggered fears of a global trade war, with the UK facing a 10% […]

Stock
Crude Oil News

Uncertainty Is Overshadowing Fundamentals in Oil Markets – Funamentals will play a bigger role in the near future

April 11, 2025 Clark Savage

ENB Pub Note: This is an excellent time to talk about the fundamentals of the global oil and gas market. For years, the fundamentals were impacted by imperfect reporting from different sources, sanctions and weaponization […]

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