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Crude Oil News

The Oil Glut Narrative Dissipates When U.S. Naval Blockade is Implemented

February 10, 2026 Clark Savage

In the volatile world of global energy markets, narratives can shift as quickly as oil prices. For months, headlines have painted a picture of an oil glut—abundant supplies keeping Brent crude hovering around $67 per […]

Exports

New Arctic Russian LNG Carrier Makes First Delivery

February 5, 2026 Clark Savage

In a significant milestone for Russia’s energy sector, the newly commissioned Arc7 ice-class LNG carrier Alexey Kosygin has completed its inaugural delivery, underscoring Moscow’s push to bolster year-round operations in the harsh Arctic environment despite […]

Crude Oil News

How Does the India-U.S. Trade Deal Impact the Global Oil Markets?

February 3, 2026 Clark Savage

In a significant development for global energy dynamics, U.S. President Donald Trump and Indian Prime Minister Narendra Modi announced a trade agreement on February 2, 2026, aimed at resetting bilateral relations strained by tariffs and […]

Crude Oil News

Chevron Charters Largest Tanker Fleet in a Year to Ship Venezuelan Oil

January 26, 2026 Clark Savage

In a significant development for the global energy market, Chevron Corporation has ramped up its operations in Venezuela by chartering its largest fleet of tankers in over a year to transport crude oil amid evolving […]

EU Imports of Russian LNG Sore to Record Highs - mostly from the artic
Exports

Russia LNG Exports to China Flow Despite Sanctions

January 26, 2026 Clark Savage

In the face of escalating Western sanctions following the 2022 invasion of Ukraine, Russia’s liquefied natural gas (LNG) sector has demonstrated remarkable resilience, particularly in its trade with China. As Europe’s demand for Russian energy […]

Crude Oil News

Vitol Offers Venezuelan Crude Oil to China at Narrower Discount around $5 per Barrel

January 19, 2026 Clark Savage

In a significant shift for global energy markets, Vitol, the world’s largest independent oil trader, has begun offering Venezuelan Merey heavy sour crude to Chinese refiners at a narrowed discount of approximately $5 per barrel […]

Crude Oil News

US Seizes Another Dark Fleet Tanker: Tightening the Grip on Sanctioned Oil Flows

January 17, 2026 Clark Savage

In a bold escalation of its campaign against illicit oil trading, the United States has seized yet another vessel from the shadowy “dark fleet” — a network of aging tankers that evade international sanctions to […]

Crude Oil News

How Are the Oil Markets Shifting in Real Time?

January 12, 2026 Clark Savage

As we kick off 2026, the global oil landscape is a whirlwind of geopolitical maneuvers, supply gluts, and shifting alliances. With Brent crude hovering around $59 per barrel and a projected surplus of 1-3.8 million […]

How Venezuela and Sanctions may Impact - Source ENB
Crude Oil News

Vitol and Trafigura Group discussing sales of Venezuelan Oil to Asia’s Big Buyers

January 12, 2026 Clark Savage

In a significant development for global energy markets, commodity trading giants Vitol Group and Trafigura Group have initiated discussions with major refiners in India and China regarding the sale of Venezuelan crude oil. This move […]

Big Oil Companies

President Trump Meets with Oil and Gas Executives on Venezuela

January 9, 2026 Clark Savage

  If you have been watching the internet, you have seen Secretary Rubio taking so many jobs, and AI putting him in outfits is priceless. And I loved the Babalon Bee’s article saying that we […]

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