As we kick off 2026, the global oil landscape is a whirlwind of geopolitical maneuvers, supply gluts, and shifting alliances. With Brent crude hovering around $59 per barrel and a projected surplus of 1-3.8 million barrels per day (mbpd) looming large, markets are bracing for volatility. Non-OPEC production surges, OPEC+ unwinding voluntary cuts, and fresh […]
In a significant development for global energy markets, commodity trading giants Vitol Group and Trafigura Group have initiated discussions with major refiners in India and China regarding the sale of Venezuelan crude oil. This move comes after the U.S. government provided preliminary approval for marketing the oil, signaling a potential shift in supply chains for […]
In the volatile landscape of global energy, few scenarios carry as much potential for disruption as political upheaval in a major oil-producing nation. As of January 2026, Iran remains a key player in the oil market despite ongoing U.S. sanctions, exporting around 1.5 to 1.8 million barrels per day (mbpd) of crude oil. This represents […]
ENB Pub Note: This article was originally published on the Daily Caller, and we recommend subscribing to their publications. Stu Turley had the opportunity to visit with David Blackmon and Tom Pyle about this on the podcast released Friday. Will the affordability issue decide the balance of power in Congress this November? Democrats have pounded […]
By Stuart Turley, Energy Podcast Host As the world’s largest energy consumer, China’s advancements in oil and gas drilling technologies and programs have reached a point where they can meaningfully influence global markets. Over the past decade, China has invested heavily in enhancing domestic production through improved drilling techniques, such as horizontal drilling and hydraulic […]
In a bold move aimed at reshaping U.S. energy policy and international relations, President Donald J. Trump signed an Executive Order on January 9, 2026, titled “Safeguarding Venezuelan Oil Revenue for the Good of the American and Venezuelan People.” This order declares a national emergency to protect funds derived from Venezuelan oil sales that are […]
In the high-stakes world of global energy and geopolitics, few moves carry as much weight as controlling the flow of oil. With Venezuela boasting the largest proven oil reserves on Earth—over 300 billion barrels—the South American nation’s crude has long been a linchpin in international power plays. Recent developments under President Trump have flipped the […]
As we kick off 2026, the U.S. oil and gas industry is signaling caution, with the latest rig count data showing a slight decline to start the year. According to the weekly report from Baker Hughes released on January 9, 2026, the total number of active drilling rigs in the United States fell by 2 […]
If you have been watching the internet, you have seen Secretary Rubio taking so many jobs, and AI putting him in outfits is priceless. And I loved the Babalon Bee’s article saying that we had created a thousand jobs, but Secretary Rubio was doing 900 of them. But Secretary Chris Wright calmly handles everything […]
This is a huge topic for the 2026 political season, and Tom Pyle stops by the Energy Impacts and Energy News Beat Podcast to talk about this report put out by the Institute for Energy Research. This episode will be co-hosted by David Blackmon and Stu Turley as we gear up for the Talking Points […]
