US Fuel Inventories Plunge Below Five‑year Averages
EIA: US crude oil inventories fell by 3.3 million barrels, while gasoline inventories dropped 2.6 mb and distillate inventories declined 2.1 mb. Both gasoline and distillate stocks are now below their 5-year average range. https://t.co/teZnPVL1Au
Seized Venezuelan Crude Tanker Resumes Voyage Around Cape
Seized Venezuelan Crude Tanker Re-Emerges on Open Seas After Months in Custody "VLCC Centuries, seized by US authorities in December while carrying Venezuelan Merey crude, has re-entered international waters and is now transiting around the Cape of Good Hope while signaling...
Western Canada LNG Won’t Actually Reach Europe
🔴Just to clarify: Reuters is reporting that LNG from Western Canada will supply “several European utilities” — but not a single molecule will actually reach Europe. Full explanation in today’s Daily Energy Report: https://t.co/mvzxOdJS9n
Memorial Day Flights Plummet, Signaling Oil Demand Dip
⭕️Oil demand decline/destruction US Memorial Day air travel drops first since 2020, on higher prices, airline capacity cuts https://t.co/ZEMA5qU6vN
Qatari LNG Ship Turns Back After Blockade Detour
🇶🇦🇵🇰 What? After all that effort navigating Iranian and US blockades, the Qatari LNG carrier is now doing a U-turn on its way to Pakistan?
EgyptAir Inaugurates First Direct Cairo‑Los Angeles Route
I truly liked this: 🇪🇬🇺🇸✈️ EgyptAir launched its first direct Cairo–Los Angeles flights, with the airline’s Chairman and CEO personally commanding the inaugural flight. https://t.co/nuZfVJHsOZ
UAE LNG Vessel Activates Signal En Route to India
🇮🇳🇮🇳🇮🇳Suddenly, this LNG carrier turned on its signal. It’s carrying UAE LNG to India. Map form @Kpler https://t.co/PyNdmz84JK
Saudi Airports Hit Record 141 Million Passengers in 2025
It’s Hajj season — millions of Muslims are heading to the holy city of Mecca, sending Saudi Arabia’s energy consumption through the roof. Yet, amazing preparations and coordination, zero interruptions. A new report reveals that Saudi airports handled...
Russian LNG Ship Bypasses Red Sea, Sails Around Globe
🛳️Watch this sanctioned Russian LNG carrier sail all the way around the world to deliver sanctioned Russian LNG to China. 🚨Notice: zero LNG carriers in the Red Sea. Map form @Kpler https://t.co/ui5XGGWOJX
20+ New Oil Rigs Needed, Gas Takes Hit
⭕️All we need is an additional 20+ OIL-DIRECTED rigs to get U.S. shale oil production growing again……but that’s a bitter pill for natural gas.
US Diesel Hits Record; Energy Security Concerns Surge
🟥US diesel exports at record high: Will US ban exports? 🟥World Bank analysis of Hormuz Crisis on South Asia is flawed 🟥WSJ misreads Hormuz: As they have been doing since the beginning 🟥Windfall profits tax on oil companies: Pros and cons 🟥Indonesia coal: Part...
US Oil Rig Count Jumps 10, Biggest Rise in Years
🔥Now we are talking: US oil-directed rig count increased by 10 last week to 425. This is the largest weekly increase in a very long time. 👇
Khamenei's Uranium Directive Raises New Peace Deal Obstacle
Watch... India Today TV interview... Khamenei's New Directive On Uranium; Another Hurdle In Peace Deal? | India Tonight | ET Now - https://t.co/rKeu6r1trd
Honda's EV Recall Highlights Routine Camera Safety Issue
Honda Recalls Nearly 60,000 Electric Vehicles Over Rearview Camera Issue This recall has nothing to do with the vehicles being electric. Recalls for issues like this are common across the auto industry, regardless of powertrain type. https://t.co/udj9PRoeKk
Early LNG Diversions to Asia Cut Fuel, Boost Profits
⏹️As the Hormuz crisis drags on, the market is adapting quickly. Several LNG carriers originally bound for Europe have been diverted to Asia, where prices are significantly higher. ⏹️Earlier in the crisis, ships were typically diverted midway through their voyage....
Chinese Tanker Slips Past US Blockade, Delivers Iraqi Oil
Ok, this Chinese oil tanker carrying 2 mb of Iraqi oil made it through the US blockade. https://t.co/0P4vqXU5l1
Canada Isn’t an Energy Superpower—Stop the Pretense
🇨🇦🇨🇦🇨🇦 To all Canadian followers: What do you think of what Joe Calnan wrote in the British Globe and Mail? 🔸Canada is not an energy superpower and shouldn’t pretend to be one🔸 May 18, 2026 Joe Calnan, Vice-president, energy and Calgary operations, at...
US Crude Drops, SPR Release Offsets, Fuel
US crude oil inventories declined by 7.9 mb to 445 mb. The US government increased supplies from the SPR by 9.9 mb. Both gasoline and distillate inventories are below the 5-year range.
Mexico Secures Floating Gas Plant for Yucatán Power Needs
This is an amazing story and I am fascinated by the technology and the business model: Mexico Signs Deal for Floating Gas Power Plant to Meet Yucatan Demand Daily Energy Report https://t.co/Z5ARrWRQIu
Extending Waiver Helps Putin, Costs India Billions
🇮🇳 This morning, prior to today’s decision, I noted in the Daily Energy Report that not extending the waiver is good for India. The waiver more than doubled the price of Russian oil. Without it, Russian oil prices will fall....
Detroit Bans Chinese Cars Despite Using Chinese Parts
This new iterm reminded me of an old funny article by late Humorist Art Buchwald. Here is the link: A must read: https://t.co/42Opn8oTge Detroit Wants To Ban Chinese Cars While Its Own Cars Run On Chinese Parts
Spain‑Denmark Renewable Pair Cuts Green Hydrogen to €2/Kg
Gastech focuses on hydrogen too. 👇👇 Spain and Denmark Green Hydrogen Corridor Study "A new study suggests that combining Spain's solar photovoltaic capacity with Denmark's offshore wind power could help establish a competitive European green hydrogen market, with production costs...
China’s US LNG Resumption Boosts Market, Not New Demand
This is exactly what I wrote about in the Daily Energy Report weeks ago and again yesterday: China deliberately stopped importing US oil and LNG, using it as a major bargaining chip. If they resume buying now, it’s...
Energy Trade: West Texas to Japan Highlighted
From West Texas all the way to Japan… with Love 💟 Map form @Kpler https://t.co/hMKCxTIfww
SPR Should Be Emergency Reserve, Not Political Price Tool
🔴My views on the SPR as summed up by Grok: ▪️He frequently discusses the US Strategic Petroleum Reserve (SPR) in his tweets @anasalhajji and Substack writings (https://t.co/LfUHIpY0M2), as well as in interviews, podcasts, and op-eds. ▪️His overall position—consistent since at...
Gas Tax Pause Saves Coffee, Not Drivers' Wallets
🔥The temporary suspension of the federal gasoline tax to offset rising fuel prices from the Iran conflict is a very stupid idea. 🔥Even if gasoline prices drop by the full amount (which they won’t), the average driver would only save enough...
Mihzem Vessel Successfully Navigates Hormuz Strait as Predicted
Exactly as expected in eth tweet below. Here it is. It passed through the Hormuz Strait #Mihzem https://t.co/mosqVLnr6C
Silent Qatari Tanker Mihzem Likely Passed Strait of Hormuz
The second Qatari oil tanker heading to Pakistan, Mihzem, which made a U-turn yesterday, has gone silent — no signal for the past 15 hours. It’s possible it has already passed the Strait of Hormuz. If it has, we should...
India, EU Inventories, and China Refineries Drive Oil Market
The Oil Market’s Hidden Stories: India, EU Oil Inventories, and China’s Refineries Daily Energy Report https://t.co/nprzgQ2K3f
Second LNG Tanker Aborts Strait of Hormuz Transit
Oh no — the second LNG tanker has just made a U-turn. It appears to be reversing course and abandoning its transit through the Strait of Hormuz. #Qatar #LNG #Pakistan https://t.co/u95Ojc3E7N
Iran’s Alleged Million‑barrel Dump Is a Myth
Looking at photos of all suspected oil spills and slicks across the Gulf, around the Strait of Hormuz, and in the Gulf of Oman, anyone familiar with these issues will tell you the same: the claim that Iran is dumping...
Price Controls Trigger Gas Station Closures, Shortages
Tragic but predictable: South Korea imposed communist-style price controls on gasoline… and gas stations started closing. Shortages incoming. Price controls never work
Sanctioned Iraqi Crude VLCC Crosses Hormuz, Faces US Block
📌This VLCC loaded with Iraqi Basra Medium crude just crossed the Strait of Hormuz. 📌Problem: the tanker and its Indian owner are under US sanctions. It slipped past the Iranians, but can it beat a US blockade? Watch for STS ops...
Energy Crisis Stems From Refinery Outage, Not Hormuz
Looking for an energy crisis? It is not hormuz... It is unplanned outage in one of the largest refineries
Hormuz Crisis Blocks Iraq's Regasification, Favors Iran, Hurts US
It is unfortunate that Iraq cannot get the regasification unit because of the Hormuz Crisis (One of the benefits for Iran, loss to the US)
Post‑Crisis Spotlight Shifts From Oil to Helium
When the Hormuz Crisis passes, nobody will be talking about oil and gas anymore. They’ll be talking about Helium
Iraqi Fuel Trucks Cross Syria, Arrive in Spain
Iraqi fuel oil, transported by trucks to the Syrian port of Banyas and then loaded onto an oil tanker, has now reached its final destination in Spain. Hundreds of trucks traveled daily through the western Iraqi desert and across Syria to...
Record 5,000+ Chinese EVs Arrive in Brazil
"A ship from China brought over 5,000 electric cars to Brazil at once: it was the largest operation ever recorded by the port, with 5,101 vehicles disembarking in Paranaguá." https://t.co/64NwDDTaSX
Questioning Unexpected Route Change, Added Yellow Path
What the heck? Why did the route change? Map form @Kpler I added the yellow route https://t.co/T6k38NLycf
Jet Fuel Crisis Exacerbated by Hoarding, Not Supply
✈️✈️✈️✈️✈️✈️✈️✈️✈️✈️ The Global Jet Fuel Crisis: It Would Have Been Mitigated Were It Not for Hoarding Daily Energy Report https://t.co/m1p26knF8S
India’s Heavy Sour Crude Imports at 50% of Capacity
🇮🇳Key context: India’s current heavy sour crude imports are running at roughly half of its processing capacity.
US‑Iran Deal Hype Fades as Brent Slides Below $100
Be Careful: Don’t Fall for the US-Iran Deal Hype — Brent Drops Below $100 https://t.co/1xmqJkWtPm
Stable LNG FSRU Infrastructure Drives Strong Returns
LNG FSRUs: Stable Infrastructure Returns in the Booming Global LNG Market – Top Fleet Owners to Watch Investment case is compelling for top fleet owners (with 6 Charts and a table) Link: https://t.co/UY0J7Gk8Ox
Asian Markets Surge on Trump‑backed Iran Optimism, Chip Rally
"Asian markets rally as Trump signals optimism for Iran deal South Korea, Taiwan shares hit fresh highs amid chip frenzy" https://t.co/V3d6axgmwB
OAPEC Still Active, See Arab Energy Fund Details
Prof. @steve_hanke, OAPEC is NOT "Dead" as you stated in your tweet. A summary of of the organization, its activities, and investments is listed in the link in the tweet below. Here is the website for the Arab Energy Fund: https://t.co/Fk2VSTcdMB
Urals Crude Doubles, Sanction Exemptions Reveal Strategic Desperation
Russian Urals crude is being sold at around $110 per barrel — more than double its price before the attack on Iran. Exempting Russian crude from US sanctions is either a deliberate strategic move (part of the plan) or a clear...
Bassett Miscalculates: US Shale Peaked, Oversupply Looms
Bassett’s math doesn’t add up on several fronts: U.S. shale oil production has peaked for now, the increase in U.S. crude deliveries is the result of large withdrawals from the U.S. SPR, and the announced increase in the OPEC+ group...
US Denies Iran Hit Frigate as Oil Prices Surge
🚨US denies Iranian claim that it hit American warship trying to enter Strait of Hormuz 🚨Two missiles hit a US frigate in the Strait of Hormuz after it ignored warnings from Iran’s navy to halt, state media quote the army as...
Brent Holds Above $108 as US Clears StraitBrent Holds Above $108 as US Clears Strait
"Brent was little changed above $108 a barrel, after falling as much as 2.4% at the open, while West Texas Intermediate was near $102. Starting from Monday, the US move was meant to enable vessels that have been stranded by...
OAPEC: Distinct From OPEC, Driving Arab Energy Investment
"Far less important" convey the message that they are in the same area or redundant. OAPEC is not "far less important" or redundant with OPEC — they are distinct organizations. While OPEC focuses on crude oil markets and production quotas,...