The latest Weekly Petroleum Status Report from the U.S. Energy Information Administration (EIA), released on February 19, 2026, reveals a significant drawdown in U.S. crude oil inventories for the week ending February 13, 2026. […]
In a move that has heightened tensions in the Middle East, Iran announced the temporary partial closure of sections of the Strait of Hormuz on February 17, 2026, to conduct naval exercises by its Islamic […]
By Stuart Turley, Energy News Beat In a landscape where energy markets are increasingly shaped by geopolitical maneuvering, Vitol CEO Russell Hardy has sounded a note of caution—and opportunity—for the global oil trade. Speaking at […]
In the volatile world of energy markets, oil prices have surged in early February 2026, driven by escalating tensions and conflicting signals surrounding U.S.-Iran nuclear negotiations. West Texas Intermediate (WTI) crude climbed above $65 per […]
In a year marked by fluctuating oil prices and geopolitical uncertainties, Chevron Corporation (NYSE: CVX) has delivered a strong finish to 2025, surpassing Wall Street’s profit expectations for the fourth quarter. The energy giant’s performance, […]
You can’t buy this kind of entertainment. When President Trump throws out a mean Truth Social post, he can move the markets, but when an Aircraft Carrier Strike group shows up near Iran and Iraq, […]
By Stuart Turley, Energy News Beat January 29, 2026 – Truth Social posts from President Trump can certainly rattle markets, but when U.S. aircraft carrier task forces deploy to the Persian Gulf, that’s when traders […]
As geopolitical tensions escalate in the Middle East, the arrival of U.S. warships near Iranian waters has sent ripples through global energy markets. President Donald Trump’s administration has bolstered its military presence, including the USS […]
Iran’s crude production is expected to remain stable near 3.2 million bpd, with protests posing limited short-term risk to upstream operations. Heavy discounting to China and costly sanctions-evading logistics mean Iran captures only about two-thirds […]
In the ever-volatile world of oil markets, few voices carry as much weight as that of Harold Hamm, the billionaire wildcatter and founder of Continental Resources. As oil prices hover in the low $50s to […]
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