Agriculture, Energy and Metal Information
The world’s top oilfield services firms enter earnings season under a cloud of uncertainty, as U.S. tariffs, volatile oil prices, and shrinking shale investments threaten to squeeze profits. With Halliburton (HAL.N) and Baker Hughes (BKR.N) reporting April 22, followed by SLB (SLB.N) on Friday, investors brace for clues on how the sector navigates a perfect storm of […]
The Trump administration took its first formal step toward significantly expanding offshore oil and gas drilling Friday, announcing a public comment period to shape a new five-year leasing program that could unlock Arctic waters and other previously restricted zones. The move reinforces President Trump’s push to maximize U.S. energy production, even as environmentalists warn of ecological risks. Key […]
Russia is turbocharging Arctic oil shipments to China through risky ship-to-ship (STS) transfers in international waters, circumventing U.S. sanctions that have crippled its traditional export routes. But the workaround comes at a steep price—logistical chaos, inflated costs, and uncertain demand from Chinese buyers. Sanctions Spark Shadow Tanker Games “Chinese refiners want these barrels but won’t touch […]
The world’s top oilfield services firms enter earnings season under a cloud of uncertainty, as U.S. tariffs, volatile oil prices, and shrinking shale investments threaten to squeeze profits. With Halliburton (HAL.N) and Baker Hughes (BKR.N) reporting April 22, followed by SLB (SLB.N) on Friday, investors brace for clues on how the sector navigates a perfect storm of […]
Crisis at the EIA: Why It Matters: Industry Alarm: What’s Next?
Key Developments: Why It Matters: What’s Next?
Key Developments: Why It Matters: What’s Next?
Key Proposal: Breakdown of Current Imports (2023 Data): Product Total Imports Top Suppliers US Share LPG 217K bpd US (124K bpd), Qatar (23K), UAE/Saudi (~20K each) 57% Crude Oil 306K bpd Nigeria, Saudi Arabia, Angola 4% (13K bpd) Why It Matters: Challenges: What’s Next?
Kazakhstan’s crude oil production fell 3% in early April but remains above its OPEC+ quota, exacerbating tensions within the alliance as the country struggles to rein in overproduction. Key Data: Why It Matters: What’s Next?
Chevron’s Venezuelan oil exports are in limbo after state-run PDVSA abruptly canceled loading permits for at least six tankers, stalling two fully loaded vessels in Venezuelan waters. The move follows Trump’s April sanctions barring buyers of Venezuelan crude—threatening to cut off a key revenue stream for Caracas. Key Developments: Why It’s Happening: What’s Next?