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Demand Destruction in Oil Reports Are Showing Up: What It Means for Consumers, Investors, and the Industry

April 28, 2026April 28, 2026 Clark Savage1812

In the latest OilPrice.com analysis by Irina Slav (published April 27, 2026), warnings about permanent oil demand destruction are pouring in amid the ongoing Middle East conflict. These warnings align directly with a widely discussed X post from commodities trader @CRUDEOIL231 (April 28, 2026), which highlights exponential cumulative shut-ins in the Middle East. The post […]

Is $90 to $95 Oil Is the New Baseline for 2026

April 23, 2026 Clark Savage2057

The global oil market has been upended by the U.S.-Israeli conflict with Iran that began in late February 2026. The effective closure or severe restriction of the Strait of Hormuz — the chokepoint carrying roughly 20 million barrels per day (bpd), or about one-fifth of global seaborne oil and LNG — triggered the largest supply […]

Global Oil Inventories Fall to Record Lows. What does this mean to investors and consumers?

April 22, 2026 Clark Savage5739

The global oil market is facing its most severe supply shock in years. Ongoing disruptions in the Middle East—driven by conflict and the effective closure of the Strait of Hormuz—have slashed exports by more than 13 million barrels per day (mb/d), triggered massive production shut-ins, and sent inventories plunging. According to the International Energy Agency’s […]

A Structural Shift in Capital Allocation in the Energy Sector is Underway Due to the Iran Conflict

April 14, 2026 Clark Savage991

The 2026 Iran conflict, which escalated in late February with U.S.-Israeli strikes and Iranian retaliation—including the effective closure of the Strait of Hormuz and attacks on energy infrastructure—has triggered the largest supply disruption in global oil market history. Nearly 20% of the world’s oil and significant LNG volumes have been taken offline, sending Brent crude […]

Diesel Is the Hot Commodity in the World, and Refineries Are the Weak Point

April 3, 2026 Stu Turley1733

In a world already stretched thin on refined fuels, diesel has emerged as the undisputed king of commodities—and refineries are proving to be the fragile link in the global supply chain. As of early April 2026, the ongoing disruption in the Strait of Hormuz—triggered by the Iran conflict—has created the largest supply shock in diesel […]

Why Diesel Prices are Rising So Fast, and Where?

March 31, 2026 Clark Savage811

Energy News Beat Exclusive Analysis – Stu Turley Diesel prices are surging across key markets—and rising faster than gasoline or petrol in many places. As Sky News economics editor Ed Conway highlighted in his widely shared X post and video primer (posted March 31, 2026), this isn’t just another blip in the energy markets. It’s […]

Largest Supply Disruption In the History of the Global Oil Market

March 31, 2026March 31, 2026 Clark Savage842

Brent crude prices surged from approximately $73 per barrel pre-crisis to peaks near $120 in just 10 days following the effective closure of the Strait of Hormuz on March 4, 2026. The International Energy Agency (IEA) has described this as the “largest supply disruption in the history of the global oil market,” with Gulf producers […]

What Are the Energy Distruptions Timelines and 9 Huge Energy Stories

March 29, 2026April 15, 2026 Clark Savage446

We have a new website rolling out this week, and I am showing off the new template. We also have 9 huge stories. When you have the IEA last week setting the stage for energy lockdowns, buckle up. I do not think many people are up to the lockdowns again. But I would take this […]

The IEA is calling for Energy Rationing. Shouldn’t we look at the root cause of high energy prices?

March 29, 2026 Clark Savage362

Energy News Beat Exclusive Analysis The International Energy Agency (IEA) released its “Sheltering from Oil Shocks” report on March 20, 2026, and it reads like a blueprint for managed energy rationing. Amid the Middle East conflict that has choked off roughly 20% of global oil supply through the Strait of Hormuz, the IEA outlined a […]

OPEC+ Country Members Reaffirm Commitment to Market Stability

January 4, 2026 Clark Savage232

In a virtual meeting held on January 4, 2026, eight key OPEC+ nations—Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman—reaffirmed their dedication to maintaining stability in the global oil markets. This announcement comes amid a backdrop of steady global economic outlooks and healthy market fundamentals, including low inventory levels, as […]

Tag: IEA

Demand Destruction in Oil Reports Are Showing Up: What It Means for Consumers, Investors, and the Industry

Is $90 to $95 Oil Is the New Baseline for 2026

Global Oil Inventories Fall to Record Lows. What does this mean to investors and consumers?

A Structural Shift in Capital Allocation in the Energy Sector is Underway Due to the Iran Conflict

Diesel Is the Hot Commodity in the World, and Refineries Are the Weak Point

Why Diesel Prices are Rising So Fast, and Where?

Largest Supply Disruption In the History of the Global Oil Market

What Are the Energy Distruptions Timelines and 9 Huge Energy Stories

The IEA is calling for Energy Rationing. Shouldn’t we look at the root cause of high energy prices?

OPEC+ Country Members Reaffirm Commitment to Market Stability

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