Copper futures have risen above $10,500 a ton, reaching their highest point since May 2024, driven by investment trends, macroeconomic factors, and a worsening supply outlook. Recent supply disruptions, including a force majeure declaration at Indonesia’s Grasberg mine and operational shutdowns at Peru’s Constancia mine, are significantly tightening the copper market. Growing demand from AI […]
In the ever-volatile world of global energy markets, OPEC+ finds itself once again in the spotlight following fresh leaks from Reuters about its upcoming production strategy. As oil prices hover around multi-month lows amid economic uncertainties and rising non-OPEC supply, the cartel’s internal debates have spilled into the public domain, raising questions about its ability […]
EuropeTankers MarineTraffic / Gianluca Balloni (Boracay under previous name) The Boracay, an 18-year-old Russian-linked tanker seized by French commandos off Brest this week, has been placed at the scene of up to nine drone incidents across northern Europe, according to a Daily Telegraph analysis of AIS tracking. The newspaper reports the vessel was within striking […]
In a stunning blow to global climate finance efforts, the Net-Zero Banking Alliance (NZBA), once hailed as a cornerstone for the banking sector’s push toward carbon emission reductions, has voted to cease operations effective immediately. Established in 2021 under the United Nations’ umbrella, the alliance aimed to align banking portfolios with net-zero emissions by 2050. […]
ENB Pub Note: This is an excellent interview on Stuart Varney, Fox Business, with Secretary Chris Wright on energy dominance. Today on the live podcast with Stu Turley, David Blackmon, and Josh Young, Stu Turley called Secretary Burgum, Zeldin, and Wight the “Three Horsemen of the Energy Dominance Apocolypse”. 1. Energy policy and the debate […]
The UK’s 2019 Net Zero law, once universally praised, is now blamed for high energy costs, industrial closures, and grid inefficiencies. Conservatives have vowed to scrap the 2050 target, while even Labour faces union pressure to roll back on ambitious climate commitments. Britain’s energy crisis highlights a paradox: subsidising idle wind farms, losing industry to […]
Key topics: Russia/Ukraine Geopolitical influences, California Refinery, and National Security This was a fantastic discussion with Josh Young and David Blackmon covering the global oil and gas markets. We had over 2,000 live viewers and received great questions. We highly recommend subscribing to Josh at Bision Insights. As well as David and our podcasts. The podcast will be available […]
In a stark warning amid escalating geopolitical tensions, Russian President Vladimir Putin has cautioned that global oil prices could surge beyond $100 per barrel if Russian crude supplies are cut off from international markets. Speaking on the sidelines of recent discussions, Putin emphasized that the absence of Russia’s oil would disrupt the global energy system, […]
Ukraine’s intensified bombing campaign against Russian refineries over the last month is creating a severe fuel crisis in Russia while simultaneously having negative repercussions for the environment. The crippled refining capacity is forcing Russia to import gasoline from distant Asian markets, amplifying CO2 emissions through longer transportation routes. This disruption also reverberates through global fuel […]
Eni, the Italian energy giant, has officially approved a $7.2 billion investment to build a new floating liquefied natural gas (LNG) export plant—Coral Norte—in Mozambique. This landmark decision not only doubles Mozambique’s LNG export capacity but also significantly enhances Eni’s portfolio, with meaningful implications for global supply and investor returns. Project Approval and Strategic Highlights […]
