The Federal Reserve can raise rates. The Treasury can issue bills. Neither institution can weld a crude distillation unit back together after a drone strike, add inches to a California products pipeline, or refill Gatun Lake. That is the story of September 2026: crude is still findable; diesel is not. The constraint has moved downstream, […]
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Chinese refiners are stepping back into the crude market while flooding product markets with extra gasoline and diesel, just as the rest of the world is running short of both barrels and refining capacity. August data show crude imports rising 6.2% from July to 8.93 million barrels per day, while refined product exports jumped 29% […]
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The world is short of nearly everything. Shipping routes are under attack, refineries are maxed out, and energy policies have backfired. In this episode, commodities expert Jack Prandelli breaks down the “everything shortage”—the interconnected crises in oil, gas, food, and critical minerals that are reshaping geopolitics and creating the next commodity super-cycle. Discover why diesel […]
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In the escalating conflicts of mid-2026, the world’s most critical maritime energy arteries face simultaneous pressure from military actions, proxy threats, and environmental stresses. The Strait of Hormuz, Bab el-Mandeb Strait, Suez Canal, and even the Caspian Sea region have become flashpoints, disrupting flows of oil, LNG, fertilizers, and other commodities. Russian tankers are forced […]
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Rey Trevino, Crude Truth Podcast Host, and President at Pecos Operating, stops by. This was recorded yesterday, and oil has dropped back down several dollars. The volatility will still be around until demand destruction kicks in. We have a wild stand-up with 8 huge stories. It is fun having guests on the stand-up, and Rey […]
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Global oil markets are navigating heightened volatility as geopolitical tensions, ongoing conflicts, militant attacks, environmental constraints, and regulatory hurdles converge on several of the world’s most critical maritime and pipeline chokepoints. Brent crude prices have shown sharp swings, with peaks well above $90 during periods of acute disruption (including levels around or exceeding $94 in […]
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In a notable development underscoring shifting global energy trade flows amid ongoing Middle East tensions, a cargo of crude oil drawn from the U.S. Strategic Petroleum Reserve (SPR) is heading to California for the first time ever, according to ship-tracking firm Kpler. The shipment involves approximately 460,000 barrels of Bayou Choctaw Sweet crude destined for […]
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The 2026 Iran war has triggered what the International Energy Agency (IEA) calls the “largest supply disruption in the history of the global oil market.” Iran’s effective closure of the Strait of Hormuz—through which roughly 20% of the world’s oil and significant LNG volumes flow—has upended global energy supplies. Over 50 countries have implemented emergency […]
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As a record armada of crude oil tankers steams toward the U.S. Gulf Coast to load American barrels—171 vessels en route in April 2026, with 28 VLCCs already fixed for May loadings alone—another surge is unfolding downstream. U.S. crude cargoes transiting the Panama Canal are now exceeding 200,000 barrels per day (bpd) in the first […]
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By Stuart Turley, Energy News Beat Channel In a dramatic response to escalating tensions in the Middle East, China has ordered its major oil refiners to suspend exports of key refined fuels, including diesel and gasoline. This move comes amid severe disruptions in the Strait of Hormuz, a critical chokepoint for global oil transit that […]
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