Oil Market News, OPEC+, sanctions and price shocks

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If you want to buy at the bottom of the oil industry go long on XOM.
 
oilprice.com

U.S. Government Shutdown Leaves Energy Markets on Edge | OilPrice.com

The U.S. government shutdown deprives energy markets of critical data, raises financing costs, delays permits, and amplifies volatility in oil, gas, and power.
oilprice.com oilprice.com

oilprice.com

Global Investors Flock to Middle East Infrastructure Opportunities | OilPrice.com

Global investment firm KKR has acquired a minority stake in ADNOC Gas Pipeline Assets LLC, signaling growing investor confidence in Middle East infrastructure opportunities.
oilprice.com oilprice.com
 
The Independent

Voices: Meet the energy tycoon accused of fraud who is buying up the North Sea​

Donald Trump did not hold back. On his state visit to the UK, the American president was typically forthright. At the joint press conference at Chequers with Sir Keir Starmer, Trump described wind energy as an “expensive joke” and exhorted the British prime minister to exploit the “great asset” of North Sea oil and gas. Said Trump: “We had the worst inflation in the history of our country and we had an expression that I used a lot: drill, baby, drill.

“And as you know, we brought fuel way down. The price is way down. And we don’t do wind because wind is a disaster. It’s a very expensive joke, frankly, and we’ve got our energy prices down ... And you have a great asset here… it’s called the North Sea.”

Its ability to solve the UK’s energy problems, he said, was “phenomenal”.

Trump’s exhortation may not have pleased everyone but one person who agreed with his every word is Francesco Mazzagatti. He’s the Italian entrepreneur who soon, if all goes to plan, will speak for five per cent of Britain’s gas production. His UK company, Viaro Energy, is close to buying 11 North Sea gas fields and an onshore terminal from Shell and ExxonMobil for £400m.

More:

https://www.msn.com/en-us/money/mar...up-the-north-sea/ar-AA1NQ4Sg?ocid=socialshare
 
gcaptain.com

Shell Nears U.S. License to Export Venezuelan Gas to Trinidad

Shell Plc is preparing to resume preliminary work on a Venezuelan offshore gas field to supply neighboring Trinidad and Tobago, as its confidence grows that the Trump administration will issue a new license exempting the project from sanctions, according to people familiar with the matter.
gcaptain.com gcaptain.com
 
Houston Chronicle opinion piece

Trump's energy policies are gutting the oil patch | Editorial​

Nine months ago, Kirk Edwards was feeling good. Oil and gas prices were high, drilling costs were reasonable and Donald Trump was back in the White House.

Edwards, the CEO of Latigo Petroleum, an Odessa-based oil and gas production company, was sick of the Biden administration's hostility to drilling. In his view, the record oil production under Biden was "in spite of everything that we had to go through to get to that," from cumbersome environmental regulations to freezing the expansion of liquefied natural gas exports. Edwards gave $25,000 to Trump's inaugural committee, in part because he believed the president's "drill, baby, drill" would be a windfall for the oil and gas sector.

More:

https://www.msn.com/en-us/money/mar...-patch-editorial/ar-AA1O4Thw?ocid=socialshare
 
splash247.com

Sanctions list swells, momentum fades - Splash247

Over the past five years, the number of sanctioned vessels has expanded steadily, rising from around 350 in September 2020 to roughly 1,700 by September 2025, according to analysis from maritime analytics firm Kpler. The overlap between various administrations sanctioning ships is also finally...
splash247.com splash247.com
 
www.lloydslist.com

Sweeping Ofac sanctions target Iranian LPG shadow fleet

Ofac has unveiled its heaviest crackdown yet on Iran’s liquefied petroleum gas fleet, designating 14 LPG carriers in addition to 16 oil tankers. The combined action with the State Department targets over 80 entities, individuals and vessels, including a Chinese teapot refinery and two terminals
www.lloydslist.com www.lloydslist.com
 

U.S. crude oil falls 4% after Trump-China trade flare-up threatens to slow global growth​

U.S. crude oil fell 4% on Friday, after President Donald Trump threatened China with higher tariffs in retaliation for Beijing imposing stricter export controls rare earth minerals.

U.S. crude oil dropped $2.61, or 4.24%, to close at $58.90 per barrel. Global benchmark Brent was down $2.49, or 3.82%, to settle at $62.73 pre barrel. China-U.S. trade relations were thought to be improving slowly, but this latest setback once again raised concerns higher tariffs may slow the global economy and hurt demand for oil.

Full article:

 
I seem to remember news events that the Ukraine refused to pay Russia for the gas that they bought. And the Ukraine got really pissy when Russia demanded payment for the gas they took.
 
splash247.com

Iran’s tankers flicker back to life on AIS - Splash247

Most Iranian-flagged tankers are now transmitting properly over AIS without spoofing for the first time since 2018, according to analysis by TankerTrackers.com, citing two different AIS data providers. “The timing of this event makes it all the more curious after seven and a half years of...
splash247.com splash247.com

 
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