Crude Oil Archives - Page 40 of 48

Crescent Energy (CRGY) Valuation Post Earnings and Expectations

April 26, 2026 Clark Savage240

Crescent Energy Company (NYSE: CRGY) continues to solidify its position as a top-10 U.S. independent oil and gas producer, delivering strong free cash flow, disciplined capital allocation, and accretive growth through acquisitions. Following its transformative 2025 M&A activity—including the December 2025 all-stock acquisition of Vital Energy—and robust Q4/full-year 2025 earnings, the company is well-positioned amid […]

US Energy Exports Hit Records as Energy Markets Shift

April 25, 2026 Clark Savage500

U.S. energy exports have surged to unprecedented levels in 2026, driven by global supply disruptions from the ongoing conflict in the Middle East and the effective closure of key Persian Gulf shipping routes. According to The Wall Street Journal, crude oil and petroleum product exports reached a record of nearly 12.9 million barrels per day […]

Baker Hughes CEO Sees Upstream Oil and Gas Investment Picking Up

April 24, 2026 Clark Savage224

In a clear signal of renewed optimism for the upstream sector, Baker Hughes CEO Lorenzo Simonelli stated that investment in oil and gas production is set to rise. Disruptions from the Iran war are spurring a global push for energy security, according to the head of one of the world’s largest oilfield service providers. Simonelli, […]

Iran’s Ghost Ship of Desperation is Rolled Out

April 24, 2026 Clark Savage232

In a stark illustration of mounting pressure on Iran’s oil sector amid the U.S. naval blockade of its ports, Tehran has reactivated a 30-year-old Very Large Crude Carrier (VLCC) that had been languishing in retirement off Kharg Island. The vessel, NASHA (IMO 9079107), built in 1996 and capable of holding approximately 2 million barrels of […]

Goldman Sachs Sees Rapid Oil Output Recovery, Post Iran War

April 24, 2026 Clark Savage228

Goldman Sachs issued a research note Thursday projecting that Gulf oil production—currently down by an estimated 14.5 million barrels per day (mbpd), or 57% of pre-war Middle East levels—could largely rebound within a few months once the Strait of Hormuz reopens and hostilities fully cease. The investment bank attributes most of the lost output not […]

US Oil Executives Meet Venezuela President and What Does This Mean for Investors and Consumers?Energy News Beat

April 23, 2026 Clark Savage271

In a notable development for global energy markets, a group of U.S. oil executives traveled to Caracas last week for direct talks with Venezuela’s acting President Delcy Rodríguez. The meeting, reported by Bloomberg, occurred as the Trump administration continues its aggressive push to revive Venezuela’s long-dormant oil sector following the January 2026 ouster of former […]

Russian Oil Market is Reshaping: EU’s Oil Crisis Creates Long-Term Wins for Moscow

April 23, 2026 Clark Savage172

As of April 23, 2026, the European Union finds itself in the throes of a deepening oil crisis, one that underscores the fragility of its post-Russia-sanctions energy strategy. Russia’s strategic redirection of Kazakh oil flows through the Druzhba pipeline—announced today by Deputy Prime Minister Alexander Novak—has pushed Germany and much of the EU into what […]

Is $90 to $95 Oil Is the New Baseline for 2026

April 23, 2026 Clark Savage328

The global oil market has been upended by the U.S.-Israeli conflict with Iran that began in late February 2026. The effective closure or severe restriction of the Strait of Hormuz — the chokepoint carrying roughly 20 million barrels per day (bpd), or about one-fifth of global seaborne oil and LNG — triggered the largest supply […]

Energy Security Starts at Home: More Countries Are Building Refineries and Drilling Programs

April 23, 2026 Clark Savage206

In an era of geopolitical turmoil—from conflicts in the Middle East to supply chain disruptions—energy security is no longer a luxury but a strategic imperative. Countries worldwide are shifting from reliance on imported refined products to building domestic refining capacity and ramping up drilling programs. This “energy starts at home” approach not only insulates economies […]

Statewide Fuel Shortages are Imminent

April 22, 2026April 22, 2026 Clark Savage182

ENB Pub Note: This article is from the California Globe by Mike Ariza.. We recommend reading the California Globe daily, as Katy Grimes, as the Editor in Chief, does a great job keeping up with everything California. Currently, we only have two to three more weeks of fuel ships still in transit across the Pacific […]

Category: Crude Oil

Crescent Energy (CRGY) Valuation Post Earnings and Expectations

US Energy Exports Hit Records as Energy Markets Shift

Baker Hughes CEO Sees Upstream Oil and Gas Investment Picking Up

Iran’s Ghost Ship of Desperation is Rolled Out

Goldman Sachs Sees Rapid Oil Output Recovery, Post Iran War

US Oil Executives Meet Venezuela President and What Does This Mean for Investors and Consumers?Energy News Beat

Russian Oil Market is Reshaping: EU’s Oil Crisis Creates Long-Term Wins for Moscow

Is $90 to $95 Oil Is the New Baseline for 2026

Energy Security Starts at Home: More Countries Are Building Refineries and Drilling Programs

Statewide Fuel Shortages are Imminent

About Energy News Beat

Recent Post

Drew Bond, Conner Brace, Post Midterm Election Energy Policy Impact

US Treasury May Allow Case-by-Case Purchases of Sanctioned Shadow-Fleet Tankers to Ease Freight Rates

Quick Links