Energy News Beat Indian state-controlled refiners Hindustan Petroleum Corporation Limited (HPCL) and Mangalore Refinery and Petrochemicals Limited (MRPL) are in the market for a combined up to 6 million barrels of spot crude, according to tender documents reviewed by Reuters and reported on August 12, 2026. HPCL is seeking up to 4 million barrels for […]
Energy News Beat Doomberg stops by, and we solve the global oil crisis. – We did not really solve the world’s oil problems, but boy, we sure covered them. In this Energy Newsbeat podcast episode, hosts Stu Turley and Doomberg dive deep into the interconnected crises reshaping global energy markets and geopolitics. From contested claims about […]
Energy News Beat The U.S. Energy Information Administration (EIA) reported a surprise and historically large build in commercial crude oil inventories for the week ending August 7, 2026. Commercial stocks (excluding the Strategic Petroleum Reserve) rose by 17.4 million barrels to 424.4 million barrels—the largest weekly increase since January 2023 and well above analyst expectations […]
Energy News Beat The International Energy Agency’s latest Oil Market Report underscores a deepening imbalance in global oil markets. Despite a sharper-than-expected contraction in demand driven by elevated prices from the ongoing Iran conflict and related disruptions, supply shortfalls have widened even more, producing the tightest near-term balances in years. At the time this article […]
