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HomeOPEC

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Downstream

Daily Energy Standup Episode #322 – US Gasoline Reserve Sale and China’s Oil Access Blocked

March 5, 2024 Andy Del Prado

Daily Standup Top Stories U.S. Northeast Gasoline Reserve Could Be Sold Off March 4, 2024 Mariel Alumit The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding […]

OPEC+
Crude Oil News

Several OPEC+ countries extend output cuts through Q2, as Russia announces new reductions

March 4, 2024 Mariel Alumit

OPEC and its allies will maintain their tight grip on oil supply, with several members on March 3 announcing extensions of their voluntary production cuts that had been scheduled to expire at the end of […]

Carbon Capture

Daily Energy Standup Episode #320 – Weekly Recap: Challenges Mount: From Net-Zero Risks to Homebuilding Struggles

March 2, 2024 Andy Del Prado

Daily Standup Top Stories Net Zero’s days are numbered February 24, 2024 Stu Turley If a week is a long time in politics, then 2023 belongs to a different age in the politics of Net Zero. […]

Oil Prices
Big Oil Companies

Oil Prices Dip Despite Production Cut Hopes As Unexpected Inventory Build Emerges

February 29, 2024 Mariel Alumit

Oil Prices Dip Despite Production Cut Hopes as Unexpected Inventory Build Emerges U.S. crude oil inventories unexpectedly surged, pushing oil prices lower despite anticipation of extended production cuts by OPEC+. The American Petroleum Institute (API) […]

OPEC
Crude Oil News

OPEC+ to consider extending voluntary oil output cuts, sources say

February 27, 2024 Stu Turley

LONDON/MOSCOW, Feb 27 (Reuters) – OPEC+ will consider extending voluntary oil output cuts into the second quarter, three OPEC+ sources told Reuters, to provide additional support for the market, and could keep them in place […]

Big Oil Companies

Daily Energy Standup Episode #317 – Granholm’s Clean Energy Agenda, First Solar’s Impact, and Saudi Arabia’s Oil Woes

February 27, 2024 Andy Del Prado

Daily Standup Top Stories Energy Secy. Granholm explains the clean energy ‘battle’ – Really? February 26, 2024 Stu Turley The Biden administration has made some big investments into infrastructure and clean energy initiatives within the US. […]

ENB Podcast

ENB #195 Addressing the Energy Transition: Doomberg’s Challenges and Contradictions

February 26, 2024 Stu Turley

Live from NAPE with Doomberg and David Blackmon! This was an absolute blast, and it was wild to see the number of people stopping by to meet Mr. Doomberg! It was awesome! Great hat tip […]

Crude Oil News

Saudi Arabia Can No Longer Raise Oil Output For Cash

February 26, 2024 Stu Turley

Saudi Arabia has been spending heavily both abroad and at home. As a result, last year, the Public Investment Fund’s cash and treasury assets slimmed from over $105 billion in 2022 to some $37 billion […]

Inflation
Crude Oil News

Oil Steady As Inflation Comes In Hotter Than Expected

February 14, 2024 Mariel Alumit

Equity markets got caught off guard by higher-than-expected U.S. inflation figures, but crude prices have shown resilience. US Natural Gas Prices Collapse on Milder Weather and Robust Output Not All OPEC Producers Are Delivering On […]

Crude Oil News

Daily Energy Standup Episode #308 – US Ascends as Top Oil Producer, OPEC Forecasts Demand Surge

February 14, 2024 Andy Del Prado

Daily Standup Top Stories Visualizing the Rise of the U.S. as Top Crude Oil Producer February 13, 2024 Mariel Alumit Visualizing the Rise of the U.S. as Top Crude Oil Producer This was originally posted on Elements. […]

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