Saudi Arabia hasn’t confirmed the East-West pipeline attack, and Brent slipped about 1.5% as hopes rose for talks in Tehran. What it means at the pump and in your portfolio. By Energy News Beat Futures as of about 7:05 a.m. CT Monday, Oct. 26 (Yahoo Finance; OilPrice.com); attack status as of 7:15 a.m. CT. If […]
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EIA’s October outlook has the U.S., Brazil, Guyana, Canada and Argentina adding barrels with no Gulf chokepoint in the way, while Hormuz flows collapsed and OPEC supply is forecast to drop by nearly a fifth. For consumers, the growth in supply is coming from this hemisphere. In its October Short-Term Energy Outlook, the U.S. Energy […]
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Moscow says three cargoes are on the water under the Trump-Putin diesel deal. Diesel is $6.34 a gallon, up $2.70 in a year, and Russia’s drone-battered refineries are the real bottleneck. Why Russia has so little to sell Russia has about 6.5 million barrels a day of installed refining capacity across 32 major refineries, but […]
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Qatar, long the world’s LNG heavyweight, is shopping for American gas. On Thursday, Oct. 22, Cheniere and QatarEnergy signed deals for 4 million tonnes per year (Mtpa) of U.S. LNG through 2054. Later that day, Reuters reported QatarEnergy is in advanced talks to buy at least 3 Mtpa from Venture Global (NYSE: VG) on a […]
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The Oct. 21 action hit a Greek-Panamanian law firm, two shipping agents and nine vessels. It squeezes Tehran’s revenue, but it will not lower your $4.29 gallon of gas or $6.32 diesel by itself. Washington took another swing at Iran’s oil money this week. On Wednesday, Oct. 21, the U.S. Treasury sanctioned Karnakis and Karnakis, […]
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Iran claims seven tankers were hit near Hormuz, and President Trump calls the hits fake. Saudi Arabia’s Red Sea bypass is rated at 7 million barrels a day. Diesel is $6.32. Here is what is confirmed, what is only claimed, and what it costs you. By Energy News Beat | Friday, Oct. 23, 2026 | […]
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Saudi Aramco ordered the evacuation of its Dhahran headquarters on Thursday, October 22, 2026, directing staff to work remotely after an alarm. Multiple sources, including Bloomberg and Reuters, confirmed the move. It is the first full headquarters evacuation since the U.S.-Israeli war with Iran began in late February 2026.BloombergReuters The headquarters, which includes an operations […]
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ENB Pub Note: An interesting article from Andrew Korybko’s Substack newsletter. With Russia and Ukraine potentially interested in finally ending the war, this could be a bright spot. Doing business with Ukraine and Russia rather than bombing each other. Although Putin might agree to some trade-offs in Ukraine as the quid pro quo for these […]
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Unconfirmed Houthi strike claims on Saudi oil sites and a reported mine hit in Hormuz pushed Brent past $111. With diesel at $6.32, truckers, farmers and grocery shoppers carry the load, and U.S. barrels and refineries are the cushion. By Energy News Beat | Tuesday, Oct. 20, 2026 | Pump prices as of 7:19 a.m. […]
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On October 19, 2026, Albertans voted in a multi-question, non-binding referendum and delivered a decisive result on a question that has simmered for decades: whether the province should remain in Confederation or begin the constitutional process toward a future binding vote on separation. Unofficial results from Elections Alberta showed roughly 76 percent supporting Alberta remaining […]
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