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Crude Oil News

EIA Reports Surprise Crude Oil Inventory Dip

November 19, 2025 Clark Savage

The U.S. Energy Information Administration (EIA) has once again shaken up the energy markets with its latest Weekly Petroleum Status Report, revealing an unexpected drawdown in crude oil inventories for the week ending November 14, […]

Big Oil Companies

What do Bill Gates and Exxon Mobil have in common?

November 3, 2025 Clark Savage

Daily Standup Top Stories Now that Bill Gates has said that Climate Change is not our biggest existential threat to Humanity, how much money has he cost the global markets? Charles Payne from Fox on […]

Oil Prices
Crude Oil News

OPEC+ Agrees to a 137,000 b/d Increase for December Followed by a 3-Month Pause: What It Means for Oil Markets and Investor Outlook

November 2, 2025 Clark Savage

In a move that underscores the delicate balancing act facing global oil producers, OPEC+ has agreed to a modest production increase of 137,000 barrels per day (b/d) for December 2025, while simultaneously announcing a three-month […]

Crude Oil News

U.S. Rig Count Falls Despite Record Production, and Draws from Inventories

October 31, 2025 Clark Savage

In the ever-volatile world of energy markets, the U.S. oil and gas sector continues to defy simple narratives. As of late October 2025, the U.S. rig count has dipped to 550 active rigs, marking a […]

Crude Oil News

Oil Steadies as Traders Eye Geopolitical Issues and US Calming Moves on Venezuela

October 31, 2025 Clark Savage

In the volatile world of energy markets, oil prices have found a moment of stability heading into the weekend, with traders closely monitoring a mix of geopolitical tensions and reassuring signals from the US regarding […]

Crude Oil News

Long-term Oil Supply is Dwindling and Money and New Discoveries are Needed – What are Investors Looking At?

October 30, 2025 Clark Savage

In a stark warning for the global energy landscape, a recent report from Melius Research highlights the dwindling long-term oil supply, driven by years of underinvestment in exploration and drilling. This comes amid rising demand, […]

Crude Oil News

India Looking to Buy from US to Replace Russian Oil – What is the best blend for India’s refineries is a real question.

October 30, 2025 Clark Savage

In a significant shift amid escalating geopolitical tensions, India’s largest refiner, Indian Oil Corporation (IOC), is actively seeking to diversify its crude oil imports by turning to the United States and other American suppliers. This […]

Crude Oil News

US Crude Oil Inventories Fall Countering the Glut Narrative

October 29, 2025 Clark Savage

In a surprising turn for energy markets, the latest Weekly Petroleum Status Report from the U.S. Energy Information Administration (EIA) reveals a drawdown in U.S. commercial crude oil inventories, challenging the prevailing narrative of an […]

Crude Oil News

Energy News Beat Weekly Rig Counts and Oil and Gas Update

October 22, 2025 Clark Savage

Overview of Rig Counts The latest data from Baker Hughes indicates that drilling activity in the United States remains relatively stable amid fluctuating oil prices. As of the week ending October 17, 2025, the total […]

Crude Oil News

Oil Contango Grips 2026 as Trade Friction Fans Glut Worries – Or Not as OPEC+ may not be able to produce new quotas

October 14, 2025 Clark Savage

As global oil markets navigate a complex landscape of supply increases, geopolitical tensions, and economic uncertainties, a notable shift has emerged in the futures curve for 2026. West Texas Intermediate (WTI) crude timespreads for several […]

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