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Turkmenistan's Gas Network
Commodities

After Afghanistan’s Fall, Watch Turkmenistan – A Natural Gas Region Hub

August 23, 2021 Stu Turley

ENB Publishers Note: Turkmenistan is rich in natural resources, and has a direct line to key destinations for every country in the region. Not only are they going to be receiving huge numbers of refugees, […]

Iraq Aims To Increase Oil Exports To Asia With South Korea Deal - EnergyNewsBeat
Commodities

S.Korea, Chinese refiners snap up U.S. Mars crude

August 18, 2021 Stu Turley

South Korean and Chinese refiners have snapped up at least 5 million barrels of U.S. Mars crude loading in September, taking advantage of lower prices in recent weeks, industry sources said. The purchases could lift […]

Aramco Cuts April Oil Pricing to Mediterranean on OPEC+ Caution
Commodities

Oil Rebounds From Three-Week Low as Recovery Withstands Delta

August 10, 2021 Stu Turley

Oil rebounded from a three-week low on expectations that the global economic recovery will withstand the latest virus onslaught, even as it takes a toll on fuel demand. Futures climbed toward $68 a barrel in […]

china wind mountain -ENB
Electrical Generation / Utilities

China is Rewiring the World’s Energy Map

August 10, 2021 Stu Turley

China’s outsize energy needs and its reliance on overseas suppliers have underpinned its foreign policy for decades. Now those needs are changing. The planet’s largest oil and coal importer wants to become greener and more […]

Commodities

Saudi Arabia’s Latest Oil Price Hike For Asia May Backfire

August 7, 2021 Stu Turley

Saudi Arabia raised its September official selling prices for crude oil by between $0.20 and $0.30 per barrel for Asian buyers to a four-month high. This time, however,  their move could backfire, writes Bloomberg. The largest oil […]

Commodities

China’s crude oil imports rebound as state refiners return from overhauls

August 7, 2021 Stu Turley

(Reuters) – China’s crude oil imports rebounded in July from a six-month low as state-backed refiners ramped up output after returning from maintenance, though independent refineries slowed restocking amid probes by Beijing into trading and […]

Ryan Ray international man of misery
Crude Oil News

The High Price of Oil – Here to Say says Ryan Ray, CEO, Global Advisors

August 6, 2021 Stu Turley

There are some things in my professional career that highlights, and there are low points along the way. My regular podcast with Ryan Ray is one of the most fun interviews that I have on […]

Climate Revolt Against Big Oil May lead to Surge in Crude Prices
Commodities

Saudi Oil Challenged in Asia by Delta and Cheap Alternatives

August 5, 2021 Stu Turley

Saudi Arabia’s move to push up the cost of its oil in Asia may backfire as an outbreak of the delta virus variant in China damps demand, while the U.S. and Russia offer more competitively priced alternatives. […]

International News

China-Australia Tensions Create LNG Trade Uncertainty

August 3, 2021 Stu Turley

Rising political tension is creating concern for the China-Australia liquefied natural gas (LNG) trade, with other global LNG suppliers the potential beneficiaries of this tension. LNG is a vital resource supporting China’s push towards a […]

Commodities

Crude Oil Retreats as Investors Weigh Demand, Iranian Tensions

August 1, 2021 Stu Turley

Oil fell after four monthly gains as data signaled a slowdown in China and investors monitored the spread of the delta coronavirus variant. West Texas Intermediate slipped 0.6%, after climbing 2.6% last week. China’s economic […]

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