In the ever-volatile world of global energy markets, the Organization of the Petroleum Exporting Countries (OPEC) continues to navigate a delicate balance between supply management and external pressures. Recent data from December 2025 indicates that OPEC\’s overall crude oil production remained largely flat, hovering around 30.07 million barrels per day (mbpd), a slight dip from […]
Continue ReadingIn a dramatic turn of events on January 3, 2026, U.S. forces captured Venezuelan President Nicolás Maduro, sparking immediate reactions across global markets. President Donald Trump has vowed to involve American firms in reviving Venezuela\’s beleaguered oil industry, which holds the world\’s largest proven reserves but has seen production plummet from over 3 million barrels […]
Continue ReadingIn 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 […]
Continue ReadingAs we kick off 2026, it\’s time to reflect on the whirlwind year that was 2025 in the energy sector. From record-breaking production to geopolitical shrugs and the relentless march of technology, 2025 taught us invaluable lessons about balancing ambition with reality. At the heart of it all is a timeless truth: \”The grid requires […]
Continue ReadingENB Pub Note: We are interviewing Doug Sandridge in one week, upon his return from Saudi Arabia, on energy policies and global leadership from the Saudi and OPEC perspectives. As they are looking to reform the pricing models to reflect supply and demand, or production and demand, rather than just the glut narrative on the […]
Continue ReadingAs we step into 2026, the global energy landscape is poised for turbulence, with whispers of an oil \”glut\” dominating headlines. Yet, this narrative may be overstated, influenced by geopolitical pressures and market dynamics that could reshape supply realities. Drawing from recent analyses, including Reuters\’ outlook and insights from OPEC and specialized energy commentary, here […]
Continue ReadingAs we close out 2025, oil prices are holding steady amid a complex interplay of geopolitical tensions, sanctions enforcement, and shifting supply-demand dynamics. Brent crude is trading around $62.46 per barrel, while West Texas Intermediate (WTI) sits at approximately $58.48, both benchmarks reflecting modest gains of about 0.13% and 0.17% respectively in recent sessions. This […]
Continue ReadingIn the volatile world of global energy markets, the sight of surging oil barrels floating at sea has sent shockwaves through traders and investors. As of late 2025, global crude supplies have ballooned, with an estimated 1.3 billion barrels of \”oil on water\”—the highest level since April 2020 and a staggering 30% increase from August. […]
Continue ReadingIn a bold escalation of tensions between the United States and Venezuela, the Trump administration has intercepted a second oil tanker amid an ongoing blockade aimed at crippling the Maduro regime\’s oil exports. On December 20, 2025, the US Coast Guard seized the supertanker named Centuries in the Caribbean Sea, shortly after it departed from […]
Continue ReadingENB Pub Note: This is a fantastic article from the Merchant\’s News Substack by Giacomo Prandelli. We highly recommend subscribing to and reading his Substack. Stu Turley just had an interview with Giacomo, and the podcast is in production for release soon. We will keep you posted. Everyone’s celebrating gold breaking $4,200 and silver doubling […]
Continue Reading