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HomeOPEC

OPEC

Crude Oil News

China and India Spending More on Domestic Oil and Gas Production

February 24, 2026 Clark Savage

As the world’s two largest oil importers grapple with geopolitical risks, supply disruptions, and the imperative of energy security, both China and India are pouring billions into boosting domestic oil and gas output. While progress […]

Crude Oil News

FT Uncovers $90 Billion Russian Oil Smuggling Operation: The Dark Fleet’s Shadow Over Global Energy

February 20, 2026 Clark Savage

In a stunning revelation that underscores the resilience of Russia’s energy sector amid Western sanctions, the Financial Times has exposed a sprawling smuggling network responsible for moving at least $90 billion worth of Russian crude […]

Crude Oil News

Vitol CEO Says Oil Market Tightens on Geopolitical Squeeze

February 12, 2026 Clark Savage

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 […]

Coal

China’s Clean Energy Machine is Based on Oil and Coal to Survive

February 11, 2026 Clark Savage

In the global race toward a sustainable future, China stands out as a powerhouse in renewable energy deployment. With record-breaking installations of solar panels and wind turbines, the nation has positioned itself as a leader […]

Crude Oil News

Oil Rises Amid Conflicting Reports on Iran

February 4, 2026 Clark Savage

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 […]

OPEC + is increasing output - Energy New Beat
Crude Oil News

OPEC Output Fell Last Month Due to Venezuela Turmoil

February 4, 2026 Clark Savage

In the ever-volatile world of global energy markets, January 2026 brought a notable dip in OPEC’s crude oil production, largely attributed to political upheaval in Venezuela. According to recent surveys, the Organization of the Petroleum […]

Crude Oil News

How Does the India-U.S. Trade Deal Impact the Global Oil Markets?

February 3, 2026 Clark Savage

In a significant development for global energy dynamics, U.S. President Donald Trump and Indian Prime Minister Narendra Modi announced a trade agreement on February 2, 2026, aimed at resetting bilateral relations strained by tariffs and […]

Crude Oil News

Energy Wars: How Oil and Geopolitics Collide. ⁨Robert Bryce Stops by the Energy News Beat Podcast.

January 29, 2026 Clark Savage

Robert Bryce is an author and movie producer, and he has a great Substack at Robertbryce.substack.com. We consider him a national treasure, and he holds nothing back in this great interview. We explore the world […]

Crude Oil News

Saudi Aramco Raises $4 Billion as Oil Prices Remain Under the Oil Glut Threat

January 27, 2026 Clark Savage

In a strategic move amid persistently low oil prices and the looming specter of a global oil glut, Saudi Aramco has successfully raised $4 billion through a four-tranche bond issuance, marking its first entry into […]

Iran
Crude Oil News

Cracks Are Emerging in Iran’s Once-Resilient Oil Sector

January 20, 2026 Clark Savage

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 […]

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