Energy News Beat In a significant development tied to ongoing U.S.-Iran diplomatic efforts, the U.S. Treasury Department has issued temporary waivers suspending key sanctions on Iranian oil exports. This move, reported in connection with a preliminary agreement or memorandum of understanding from recent talks (including the Lake Lucerne Summit mediated by Pakistan and Qatar), allows […]
Energy News Beat ENB Pub Note: This article is from Andrew Korybko’s Newsletter on SubStack. We highly recommend subscribing, and with new trading blocs forming around the world, as Stu Turley has discussed on the Energy News Beat podcast, things are changing in real time. Watch also as the United States leaves NATO before the […]
Energy News Beat ENB Pub Note: This article was first published on America Outloud, and we highly recommend subscribing to them and Ronald Stein’s news feed. With no pipelines over the Sierra Mountains, California is an energy island separated from the crude oil supply and the infrastructure of oil refineries within the other 49 States. […]
Energy News Beat Outright short positions in crude oil have hit record levels, according to fresh analysis from Goldman Sachs, raising the specter of a potential short squeeze if market conditions shift. In a notable development highlighted by ZeroHedge and detailed in industry commentary, managed money accounts have aggressively built bearish exposure in Brent crude […]
Energy News Beat Occupation authorities have halted fuel sales to private individuals and businesses, reserving supplies for government agencies and essential services. Ukrainian forces have intensified attacks on fuel depots, transport routes, and oil infrastructure supplying Crimea and southern Russia. The fuel shortage is disrupting Crimea’s tourism-dependent economy and exposing growing vulnerabilities in Russian logistics. […]
Energy News Beat China’s push to bring a second dedicated import terminal online for cargoes from Russia’s sanctioned Arctic LNG 2 project underscores strong underlying demand for liquefied natural gas (LNG) in the world’s largest buyer. The move highlights Beijing’s willingness to absorb discounted but geopolitically exposed supply to meet structural needs, even as stable […]
Energy News Beat Gasoline prices in the U.S. have eased from crisis peaks above $4.50 per gallon but remain stubbornly elevated. As of June 15, 2026, the national average for regular gasoline stood around $4.05 per gallon (with some reports citing ~$3.90–$3.99 recently), still more than $1 above pre-war (pre-2022) levels that were consistently under […]
Energy News Beat With the world’s oil and gas market changing, energy security is now at the forefront of most countries’ priorities. There are two discussions going on: have we found all of the easy oil, and will oil demand go away with the renewable crowd pushing more money into wind and solar? You won’t […]
Energy News Beat Chevron Corporation and Microsoft have signed a landmark 20-year power purchase agreement to supply electricity to a major data center campus in West Texas. The deal centers on a large natural gas-fired power plant being developed in partnership with investment firm Engine No. 1, marking one of the largest collaborations to date […]
