Day: June 18, 2026

Energy Dominance is displayed through your Exports

Energy News Beat US LNG export infrastructure is rapidly scaling up, turning American shale gas into a cornerstone of global energy supply. This buildout underscores US energy dominance through exports, as highlighted in recent analyses by commodity trader and analyst Jack Prandelli on X). His posts detail the current state of US LNG terminals and […]

US LNG Cannot Replace Qatar, but it can help ease the pain

Energy News Beat TotalEnergies CEO Patrick Pouyanné recently put it plainly: US LNG cannot fully replace Qatar. Oil markets have substitutes and buffers that can ease pressure. Gas does not — at least not in time for winter 2026-27. This assessment comes amid a rapidly evolving situation in the Middle East. Following Iranian strikes on […]

Moscow Oil Refinery Struck in Ukraine’s Biggest Air Raid on Russian Capital

Energy News Beat Ukraine launched one of its largest drone attacks on Moscow since Russia’s full-scale invasion began in 2022, striking the Kapotnya (Moscow) Oil Refinery for the second time in less than a week. The assault caused fires, explosions, and significant disruption in the Russian capital, while also hitting targets in the Rostov region […]

Supply and Demand for Oil will meet up eventually

Energy News Beat West Texas Intermediate (WTI) crude oil is trading around $75 per barrel today, with Brent near $78. Following the U.S.-Iran ceasefire agreement and the reopening of the Strait of Hormuz, headline prices have eased significantly from the peaks above $120 seen during the conflict. Yet a growing disconnect exists between these paper/futures […]