Crude Oil News
Oil’s Uncertain Future
Daily Standup Top Stories Oil Is Not Out of the Woods Yet September 18, 2024 Stu Turley Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being […]
Terrorism
Geopolitical
The Biggest Question About the Hezbollah Pager Attack Is Why Now
A technically adroit strike could be a curtain-raiser for an expanded conflict. In a coordinated attack across Lebanon and parts of Syria, hundreds of pagers used by the Lebanese militant group Hezbollah simultaneously exploded on […]
Geopolitical
Hezbollah Pagers Explode in Suspected Israeli Attack
This is the “biggest security breach” that the Lebanese militant group has faced since the Israel-Hamas war began. Ticking Time Bombs More than a dozen people were killed and around 2,800 others, including many Hezbollah […]
Crude Oil News
Sounion salvors prep next stage in race to avert Red Sea environmental disaster
Satellite images confirm the burning Sounion’s new location, 81 km offshore Eritrea in the Red Sea following a delicate towing operation over the weekend. The Delta Tankers vessel remains on fire, according to images sent […]
Crude Oil News
Sounion successfully towed away from Yemeni coastline
Salvagers successfully towed a Greek-flagged oil tanker that had been ablaze for weeks following attacks by Yemen’s Houthi rebels to a secure area, preventing any oil spill, the European Union naval mission said yesterday. The […]
Big Oil Companies
Week Recap: Energy Shifts, Energy Debates, and Global Oil Challenges
Weekly Daily Standup Top Stories Oil Majors and Traders Vye for Shell’s South African Assets September 8, 2024 Stu Turley Shell is divesting from its downstream operations in South Africa, attracting interest from major oil traders […]
Crude Oil News
It’s Spreading: America’s Top Oil Field Terrorized By Armed Venezuelan Gangs
It’s only going to get worse from here, as the Biden-Harris administration’s disastrous open border policies have now come to a ‘neighborhood near you’ (for some of you). In the past week, we saw armed Venezuelan prison gang Tren de […]
Crude Oil News
Salvors assess how best to handle the burning Sounion tanker off Yemen
The on-fire Sounion suezmax is expected to be towed from its location off Yemen today. Two tugs, Hercules and Gladiator, have been primed to carry out the delicate operation. The tanker was hit by multiple […]
Crude Oil News
Week Recap: From Peak Oil in China to Tesla Trends
Weekly Daily Standup Top Stories Is China’s Demand for Oil Nearing Its Peak? August 25, 2024 Stu Turley China’s oil imports in July were down 12% from June and 3% from July 2023, raising concerns about […]
Crude Oil News
Houthis will allow salvage teams to attend to blazing Greek tanker
Iran’s mission to the United Nations said yesterday that the Houthis in Yemen will allow salvage teams to head to the badly damaged Sounion suezmax tanker in the Red Sea and let it be towed. […]