In a bold move that caught markets off guard, OPEC+ announced a hefty production increase of 548,000 barrels per day (bpd) for August 2025 during a virtual meeting on July 5, surpassing expectations of a 411,000 bpd hike. This decision, led by the “Voluntary Eight” — Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and […]
Continue ReadingOPEC+ has once again accelerated its oil production strategy, moving its key meeting from Sunday to Saturday, July 5, 2025, to discuss a potential fourth consecutive monthly output increase of 411,000 barrels per day (bpd) for August. This decision, reported by OilPrice.com and confirmed by OPEC+ delegates, reflects the group’s aggressive push to reclaim market […]
Continue ReadingIn a recent opinion piece for The Daily Caller, energy expert David Blackmon highlighted a curious phenomenon: despite Israel’s military actions against Iran starting June 12, 2025, the anticipated oil price spike failed to materialize. Instead, the U.S. West Texas Intermediate (WTI) crude price dropped from $68.04 per barrel on June 12 to $64.50 by […]
Continue ReadingDaily Standup Top Stories The Iran Retaliatory Strike on the U.S. Airbase in Qatar: A Page from the De-Escalation Playbook June 23, 2025 Clark Savage On June 23, 2025, Iran launched a missile attack on the Al Udeid Air Base in Qatar, a key U.S. military hub in the Middle East, in retaliation for U.S. airstrikes. […]
Continue ReadingThe global energy market is reeling from an unexpected shock that has sent Brent crude prices soaring toward $80 and potentially beyond. Just weeks ago, analysts were forecasting an oversupplied oil market with Brent averaging around $60. The International Energy Agency (IEA) and commodity experts were confident in a stable, if not bearish, outlook. But […]
Continue ReadingThe global oil market is once again navigating turbulent waters, with prices fluctuating due to geopolitical tensions, economic uncertainties, and shifting production strategies. In a recent statement, Russia has signaled its willingness to collaborate with OPEC+ and the United States to stabilize oil prices, drawing on a precedent from 2020 when coordinated efforts helped avert […]
Continue ReadingThe Middle East is once again a powder keg, with tensions between Israel and Iran threatening to ignite a crisis in global oil markets. Following Israel’s recent airstrikes on Iranian targets, fears are mounting that Tehran’s oil infrastructure—producing roughly 3.3 million barrels per day (bpd)—could be crippled. Iran accounts for about 3% of global crude […]
Continue ReadingDaily Standup Top Stories Solar Bankruptcies Show US Clean Energy Industry Is on the Edge of a Financial Cliff June 9, 2025 Clark Savage The U.S. clean energy sector, once hailed as the future of sustainable growth, is teetering on the brink of a financial precipice. A wave of high-profile bankruptcies among solar companies in 2024 […]
Continue ReadingAs we examine investments in the energy markets, I consider trends, supply, demand, and opinions from energy leaders with an excellent track record. I have included two posts on X from Josh Young of Bison Interests, and he makes some excellent points. I highly recommend following him on X, and LinkedIn. Introduction In May 2025, […]
Continue ReadingENB Pub Note: A great story from Oilprice.com\’s Irina Slav today. We will be covering this on the Daily Energy Stand up tommorow. The last time this happened oil shot up to $120. Buckle up, and do the opposite of Jim Cramer. Morgan Stanley analysts report that the 411,000 barrels per day OPEC+ pledged to […]
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