Author: Erick Parel

Why Are Oil Traders Rushing to Hedge Iran Risk After a Wild Start to 2026

Energy News Beat The oil market in early 2026 has been anything but predictable. What was expected to be a year of oversupply and sluggish prices has instead delivered a surge in volatility, driven by geopolitical flare-ups and unexpected supply disruptions. At the center of this storm is Iran, where escalating tensions with the United […]

Cuba-Bound Tanker Carrying Russian Fuels Set to Test Trump’s Blockade

Energy News Beat In a move that echoes the tense standoffs of the Cold War era, a tanker believed to be laden with Russian fuel is steaming toward Cuba, directly challenging the stringent sanctions imposed by U.S. President Donald Trump. The vessel, identified as the Sea Horse, is projected to arrive in early March, potentially […]

Power‑Hungry, Grid‑Locked : Where Hyperscalers Go To Find Their Next Megawatts

Energy News Beat ENB Pub Note: This article is from Guy Massey on LinkedIn. I have reached out and will try to get him on the Podcast to discuss his viewpoints. In the previous decade data centres have gone from background infrastructure to a primary driver of electricity demand. AI has turned that curve almost […]

FT Uncovers $90 Billion Russian Oil Smuggling Operation: The Dark Fleet’s Shadow Over Global Energy

Energy News Beat In a stunning revelation that underscores the resilience of Russia’s energy sector amid Western sanctions, the Financial Times has exposed a sprawling smuggling network responsible for moving at least $90 billion worth of Russian crude oil. Dubbed the “Dark Fleet,” this shadowy armada of aging tankers and opaque trading entities has been […]

US Rig Count Holds Steady at 551: Insights from the Latest Baker Hughes Report

Energy News Beat The U.S. rotary rig count remained unchanged at 551 for the week ending February 20, 2026, according to the latest data from Baker Hughes. This marks no shift from the previous week but reflects a decline of 41 rigs compared to the same period last year, when the count stood at 592. […]

New Attack on U.S. Nat Gas Fails, and Who Should We Look to Invest?

Energy News Beat As the host of the Energy News Beat podcast, I’m always diving into the latest developments in the energy sector, and a recent article by David Blackmon in Forbes caught my eye. Titled “New Attack On U.S. Natural Gas Fails The Perspective Test,” it dismantles the narrative that booming U.S. LNG exports […]

U.S. Export-Import Bank Invests $100 Billion in Strategic Critical Minerals Reserve

Energy News Beat In a bold move to bolster America’s energy independence and secure vital supply chains, the U.S. Export-Import Bank (EXIM) has committed $100 billion to initiatives to strengthen U.S. and allied access to critical minerals, nuclear energy, and liquefied natural gas (LNG). This investment forms part of President Donald Trump’s broader strategy to […]

Can the Board of Peace Fully Replace the UN?

Energy News Beat In an era of escalating global tensions, from ongoing conflicts in the Middle East to economic pressures on energy markets, questions about the effectiveness of international institutions are more pertinent than ever. The United Nations (UN), founded in 1945 to prevent future world wars and foster cooperation, has long been a cornerstone […]

EIA: US Crude Inventories Drawn Down as Demand Increases

Energy News Beat   The latest Weekly Petroleum Status Report from the U.S. Energy Information Administration (EIA), released on February 19, 2026, reveals a significant drawdown in U.S. crude oil inventories for the week ending February 13, 2026. Commercial crude oil stocks fell by 9.0 million barrels to 419.8 million barrels, a stark reversal from […]

EQT Expecting $1B Windfall on Winter Storm Gas Price Rally

Energy News Beat In a remarkable turn of events for the natural gas sector, EQT Corporation, the second-largest U.S. natural gas producer by volume, is poised to reap a staggering $1 billion windfall in February 2026 alone. This financial boon stems directly from the unprecedented price rally triggered by Winter Storm Fern, a historic freeze […]