Daily Standup Top Stories Alberta Spends $5 Million to Support World’s First Direct Air Carbon Capture Centre Would Trees Be Cheaper? China’s EV Market is in turmoil June 25, 2025 Clark Savage China’s EV market is quite fascinating, and some of their products are equipped with cool features; however, their predatory practices, which contribute to trade […]
Continue ReadingU.S. crude oil inventories have dropped to an 11-year seasonal low, driven by robust summer driving demand, yet oil stocks are paradoxically declining. The U.S. Energy Information Administration (EIA) reported an 11.5 million barrel drawdown to 420.9 million barrels for the week ending June 13, 2025, the most significant weekly decline in a year.web:1 High […]
Continue ReadingDaily Standup Top Stories The Iran Retaliatory Strike on the U.S. Airbase in Qatar: A Page from the De-Escalation Playbook June 23, 2025 Clark Savage On June 23, 2025, Iran launched a missile attack on the Al Udeid Air Base in Qatar, a key U.S. military hub in the Middle East, in retaliation for U.S. airstrikes. […]
Continue ReadingThe global energy market is reeling from an unexpected shock that has sent Brent crude prices soaring toward $80 and potentially beyond. Just weeks ago, analysts were forecasting an oversupplied oil market with Brent averaging around $60. The International Energy Agency (IEA) and commodity experts were confident in a stable, if not bearish, outlook. But […]
Continue ReadingENB Pub Note: A great story from Oilprice.com\’s Irina Slav today. We will be covering this on the Daily Energy Stand up tommorow. The last time this happened oil shot up to $120. Buckle up, and do the opposite of Jim Cramer. Morgan Stanley analysts report that the 411,000 barrels per day OPEC+ pledged to […]
Continue ReadingWeekly Daily Standup Top Stories Why Hasn’t Trump Hit Russia with More Sanctions? – Because it would hand the Mid-term elections to the Democrats June 1, 2025 Clark Savage I have been discussing this for months on the Energy News Beat Podcast, and the secondary sanctions on China and India’s refineries would undoubtedly cause havoc in […]
Continue ReadingDaily Standup Top Stories Russia-Ukraine Talks Stall: Will Congress Ramp Up Sanctions Pressure on Moscow? June 2, 2025 Clark Savage It has been clear for well over 6 months that President Trump does not have the information he needs to end the war in Ukraine, and we are watching peace slip through his fingers, which […] Trump […]
Continue ReadingRecent projections from Goldman Sachs indicate that OPEC+ is likely to conclude its series of production increases in August 2025, marking a significant shift in global oil supply dynamics. This forecast, based on Goldman’s analysis of market conditions and OPEC+ strategies, suggests a tightening of oil markets in the near term, with far-reaching implications for […]
Continue ReadingWeekly Daily Standup Top Stories Where Are Oil Prices Headed in 2025 and Beyond? Goldman Sachs’ Bearish Outlook Meets Rising Demand Well economics matters May 27, 2025 Clark Savage Source: The Crude Truth Substack Oil well economics matters at all times, but it has now become the difference between profitability and incurring a loss. Goldman Sachs […]
Continue ReadingA U.S. trade court ruled President Trump exceeded his authority by imposing tariffs, reinforcing congressional control over trade. Oil prices rose over 1% as traders welcomed the ruling and bullish signals from demand forecasts countering glut concerns. Analysts remain cautious due to expected OPEC+ supply increases and the limited impact of new U.S. sanctions on […]
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