Category: Energy News Beat

What is the Current Price of Oil? Well It Depends Who’s Asking

Energy News Beat In the energy markets, there’s no single “oil price” anymore — and today’s fractured reality proves it. As highlighted in a sharp analysis posted this morning by commodity trader Jack Prandelli, the spreads tell the real story: Forties (physical) → $134 Dated Brent (physical) → $116 Brent futures → $99 WTI → […]

Houthis Threaten to Block Red Sea Oil Exports as the Iran War Escalates

Energy News Beat As the Iran conflict escalates with U.S. and Israeli strikes targeting Iranian energy infrastructure, the Iran-backed Houthis in Yemen have issued a stark warning: they are prepared to close the Bab el-Mandeb Strait, effectively blocking oil exports through the Red Sea. Houthi Deputy Foreign Minister Hussein al-Ezzi stated, “If Sana’a decides to […]

Geopolitics Reshapes the Energy Markets

Energy News Beat The Energy Realities Gang of Irina Slav, Dr. Tammy Nemeth, David Blackmon, and me had way too much fun this morning. What a wild day with Irina Slav, Dr. Tammy Nemeth, David Blackmon and Stu Turley on the Energy realities podcast. We had GREAT questions from the live viewers on YouTube and […]

The US’ Renewed Russian Oil Sanctions Waiver Will Help Their Shared Indian Partner

Energy News Beat ENB Pub Note: This article is from Andrew Korybko’s Newsletter on Substack. We recommend subscribing and reading for a different point of view as he has shown to be right many times!  Both benefit from this since the US wants to avoid India sliding into turmoil amidst the global energy crisis and […]

The World Has Spent $10 Trillion on Green Energy — and Only Reached 3% of Global Energy

Energy News Beat In a recent statement that has sparked widespread discussion, U.S. Energy Secretary Chris Wright highlighted a stark reality in the global push for renewables. Quoting from the White House Rapid Response account on X: “We definitely want energy from everywhere we can get it. We’re driving nuclear forward in the Trump Administration—but […]

US Markets Look Like a Bull Run, but the Hormuz Dependent Countries are Looking Down

Energy News Beat As U.S. stock futures surge ahead of Monday’s open, signaling yet another leg higher for the major indices, energy markets tell a very different story. The reopening of the Strait of Hormuz—following Iran’s recent declaration that the vital waterway is “completely open” during the ceasefire—has triggered a sharp plunge in oil prices. […]

Duke Energy Cost Recovery Bid and 19,000 MW Plan Test Valuation

Energy News Beat Duke Energy (NYSE: DUK) is navigating a critical juncture that could define its earnings trajectory and investor appeal for years to come. On April 15, 2026, the utility filed with the North Carolina Utilities Commission (NCUC) to recover approximately $809 million in extraordinary fuel and purchased power costs incurred during an extreme […]

China Sending a Clear Signal and Dumps U.S. Treasuries

Energy News Beat In a move that continues to underscore Beijing’s strategic shift away from U.S. dollar assets amid geopolitical tensions and diversification efforts, China has steadily reduced its holdings of U.S. Treasuries. The latest official data from the U.S. Treasury’s TIC report confirms China’s holdings stood at $693.3 billion at the end of February […]

Over 367GW Grid Requirements in Texas ERCOT by 2032: Navigating the AI Data Center Boom for Investors and Consumers

Energy News Beat Texas is at the epicenter of America’s AI revolution, and the numbers are staggering. The Electric Reliability Council of Texas (ERCOT) has released a preliminary Long-Term Load Forecast projecting peak electricity demand could hit approximately 367,790 MW (367.8 GW) by 2032—more than four times the current all-time record of 85,508 MW set […]

Oil and Gaslighting Gavin Newsom Rides Again

Energy News Beat ENB Pub Note: This story was originally published by the California Globe by Katy Grimes. We highly recommend reading their publication daily.    Trump invoked the Defense Production Act to make sure US military bases have fuel for their jets and their boats By Katy Grimes, April 18, 2026 9:45 am Another oil […]