Weaponizing the Strait of Hormuz Threatens Global Economic Stability
Dr. Sultan Al Jaber delivered a stark warning in Houston, Texas. The executive spoke at the CERAWeek energy conference on March 23, 2026. He condemned...
Tag : Oil
Historic Alaska Oil Sale Brings Windfall and Questions for Native Lands
The federal government just broke significant records in Alaska. The Department of the Interior held a massive oil and gas lease sale. This historic event...
How Tungsten is Redefining Defense and Global Markets
From the analytical vantage point of Wall Street and the strategic corridors of the Pentagon, the macroeconomic landscape of the current decade has entirely shattered...
The Hormuz Chokepoint and Supply Chain Realities
The unprecedented military escalation involved U.S. and Israeli forces in Iran. The actions culminating in Tehran’s aggressive blockade of the Strait of Hormuz have plunged...
US provides Chevron limited authorization to pump oil in Venezuela
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US provides Chevron limited authorization to pump oil in Venezuela Firstly, the US has granted Chevron limited authorization to resume pumping oil from Venezuela. Secondly,...
Oil slides over 3% on Russian price cap talks, U.S. gasoline build
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Firstly, oil prices fell more than 3% on Wednesday. Continuing a streak of volatile trading, as the Group of Seven nations considered a price cap...
EIA Productivity Report Outlines Domestic Production Activity
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The US Energy Information Administration (EIA) released its Drilling Productivity Report. It indicates that November should break domestic oil and gas production records. With the...
The United States exported record amounts of petroleum products in the first half of 2022
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Petroleum products Firstly, in the first half of 2022, U.S. exports of petroleum products averaged nearly 6 million barrels per day, the most first-half-of-year exports...
U.S. refiners eye Canadian oil
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Firstly, U.S. refiners are expected to buy more Canadian oil after the Biden administration ends releases from the Strategic Petroleum Reserve (SPR) this fall. Secondly,...
Oil rises 1% on supply concerns, expectations for fuel switching
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Firstly, oil edged up 1% on Wednesday as an international energy watchdog expects an increase in gas-to-oil switching due to high prices this winter, even...