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 → $87 Canadian crude […]
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 possibly offsetting its […]
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. This is great […]
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 in the last 20 […]
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 winter cold snap […]
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 2026, down slightly […]
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 in August 2023. […]
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 and gaslighting press […]
In a sharp escalation of tensions in the Persian Gulf, two Indian-flagged vessels—one a VLCC supertanker carrying approximately 2 million barrels of Iraqi crude—were fired upon by Iranian Revolutionary Guard Corps (IRGC) gunboats in the Strait of Hormuz on April 18, 2026. The ships, identified as the Sanmar Herald and Jag Arnav, were forced to […]
Jon Brewton, CEO of Data2, stopped by after meeting with the Department of Energy. Jon Brewton stopped by the Energy News Beat Podcast and let us know how his meetings with the Department of Energy went. This is extremely cool for the entire energy sector, as we are facing energy crunches, rising demand, and cost […]
