After Washington snatched Venezuela’s authoritarian president, Nicolas Maduro, in a daring January 2026 night raid, the country’s long road to recovery began. Under the leadership of Maduro’s former vice-president, Delcy Rodriguez, economically crucial oil production and e
Energy Transfer's Latest Expansion Project Will Help Fuel Its More Than 7%-Yielding Dividend Through the End of the Decade Energy Transfer (NYSE: ET) recently announced an additional expansion of its Nederland NGL Export Terminal. The project will enable the master limited
Quick Read - The U.S. Treasury issued a two-month sanctions waiver on Iranian crude, pushing Brent below $78 and WTI below $74 per barrel. - Iran previously exported over 2 million barrels daily, and rising supply could ease energy-driven inflation without forcing Kevin Wa
The Iran walk-out of war negotiations and the ongoing fighting in Lebanon haven't derailed the oil selloff. Vance brushed aside ceasefire violations and Iran's negotiators did agree to steps towards a lasting deal. All sides seem to be saying the right things in between th
Qatar's energy minister reports that 18 workers were killed at the enormous Ras Laffan LNG complex as it was restarting following the war. A portion of the facility was bombed by Iran during the war and that will take years to repair, leaving it at 80% capacity for an exte
Quick Read - XLE gained 21% YTD but shed 12% as Brent crude crashed from $125 toward the mid-$80s, tracking oil almost tick for tick. - Exxon and Chevron drive 41% of XLE, yet nearly $7 billion in Q1 derivative timing losses masked underlying earnings that should reverse in Q2....</strong
Quick Read - Middle East tensions have lifted Wall Street's 2026 Brent crude forecasts to $60-$80, up from $50-$60 before the Iran conflict. - ET pays 7.06% and EPD yields 5.88%, both backed by billions in annual free cash flow and Buy ratings from top Wall Street firms. -...
Kuwait is offering naphtha for loading at its ports deep into the Persian Gulf in the first such tender in months, as Middle Eastern oil producers seek to raise shipments through the Strait of Hormuz. State-held Kuwait Petroleum Corporation (KPC) has issued a tender to sel
Adura seeks renewed approval for Jackdaw and Rosebank fields after a UK court overturned prior permits in January 2025. Adura has submitted additional details to the UK Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) for its Jackdaw and Rosebank oi
Russian crude now accounts for over half of India’s oil imports amid Hormuz tensions and U.S. waivers. India’s Russian crude oil imports reached 2.6 million barrels per day in June, a record high, as geopolitical risks and U.S. policy shifts drive demand. Preliminary data