Tag: China

China Indefinitely Suspends Power of Siberia 2 Negotiations: A Major Blow to Russia’s Energy Export Ambitions

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A recent Wall Street Journal report has confirmed that China has effectively put negotiations for the Power of Siberia 2 (PoS2) natural gas pipeline on indefinite hold. This development, highlighted in a July 19 X post by commodities analyst Jack Prandelli, underscores Beijing’s hardball tactics and Russia’s increasingly desperate position in pivoting its energy exports […]

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China Tells Refiners to Keep Fuel Output High as the Iran and Ukraine Wars Drag On

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Beijing has directed at least two major Chinese refineries to maintain or even increase processing rates to ensure adequate domestic supplies of gasoline, diesel, and other fuels. This comes amid renewed threats to crude shipments through the Persian Gulf tied to the ongoing Iran conflict, according to people familiar with the matter cited by Bloomberg […]

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The New Oil Bull Markets Will Be Dependent on China Confirming Oil Purchases and Global SPR Rebuilding

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In the aftermath of the 2026 Iran-Hormuz crisis, which severely disrupted tanker traffic through the Strait of Hormuz and triggered the largest oil supply shock in decades, oil markets are shifting from acute supply fears to a more structural driver of price support: the urgent need to rebuild depleted inventories and strategic reserves worldwide. A […]

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Where Do We Go from Here with Iran? What is the impact on the global oil and gas market?

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The fragile truce between the United States and Iran is unraveling. Renewed attacks on commercial shipping in the Strait of Hormuz, fresh U.S. strikes on Iranian targets, satellite evidence of Iran rebuilding damaged nuclear sites, and mixed signals from Washington and Tehran have once again put global energy markets on edge. The central question for […]

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The Coal Reality that Western Policy Ignores

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An in-depth look at the July 2026 brief by the National Center for Energy Analytics (NCEA), Dr. Lars Schernikau, and Portia Roberts, with updates on U.S. policy and global fleet management. Dr. Schernikau has been on the Energy News Beat Podcast, and we highly recommend buying his book.  In a world racing toward ambitious net-zero […]

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Middle East Oil Producers Face Export Hurdles Amid Hormuz Disruptions: Demand Destruction or Market Mispricing? Analyst Views on the Road Ahead for Oil Prices

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Middle East oil producers are grappling with significant challenges in selling their crude, even as global benchmark prices (Brent and WTI) have surprisingly softened below or near pre-conflict levels. This comes despite a major supply shock from disruptions in the Strait of Hormuz following the early 2026 Iran conflict (U.S./Israeli strikes on Iran). The market […]

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Jack Prandelli stops by the Energy News Beat Global Oil and Gas Markets Update

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You won’t want to miss this episode with Jack Prandelli from Switzerland. As an international trader and Substack Author, Jack has been on target with his articles on global oil and Gas Markets. Check out The Merchant’s News : https://themerchantsnews.substack.com/ Follow Jack on X @jackprandelli Connect with Jack on LinkedIn: https://www.linkedin.com/in/prandelligiacomo/ Add Free for our SubStack Subscribers. 1. LNG […]

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