(By Oil & Gas 360) – This week reinforced a familiar reality: energy markets are increasingly being shaped by the intersection of geopolitics, infrastructure, and capital allocation. Escalating attacks on commercial shipping in the Red Sea and Gulf of Oman pushed oil above $100 per barrel and tightened physical crude markets, while natural gas prices climbed as LNG demand strengthened and
(By Oil & Gas 360) – The global energy transition is reshaping investment, policy, and technology. Solar and wind continue to break installation records, battery storage is expanding rapidly, and governments are investing billions of dollars to accelerate decarbonization. Headlines often suggest the world is moving quickly beyond fossil fuels. The data tell a more measured story. Despite extraordinary
(By Oil & Gas 360) – For decades, the Strait of Hormuz has been the world’s most closely watched energy chokepoint. Roughly one-quarter of global seaborne oil trade passes through the narrow waterway, making it the focal point whenever tensions rise between Iran and the West. Any threat to Hormuz immediately raises concerns about crude supplies, shipping costs, and global
(By Oil & Gas 360) – Energy markets spent another week caught between tightening fundamentals and volatile geopolitics. Oil briefly climbed to a one-month high as attacks intensified around the Strait of Hormuz, only to retreat as traders questioned whether the disruption would materially reduce global supply. Meanwhile, natural gas, LNG, AI-driven power demand, and long-term infrastructure investment continued to
(By Oil & Gas 360) – For much of the past decade, oil markets were defined by abundance. The U.S. shale revolution, ample OPEC+ spare capacity, and slowing demand growth encouraged investors to focus on production, inventories, and macroeconomic trends. Geopolitical events still generated headlines, but price spikes were often short-lived as markets assumed disrupted supplies could be replaced and trade
(By Oil & Gas 360) – For decades, hydrogen has been viewed primarily as a manufactured fuel. Whether produced from natural gas, coal, or renewable electricity, the conversation has focused on finding cleaner, more economical ways to produce it. Entire industries have emerged around green, blue, and gray hydrogen, each defined by how the fuel is produced and the
(By Oil & Gas 360) – Turkey’s oil and gas strategy is evolving into something much larger than an effort to reduce dependence on imported energy. What began as a campaign to increase domestic production is becoming a broader upstream strategy focused on expanding technical capabilities, attracting international partners, and establishing a stronger presence in regional and global energy markets.
(By Oil & Gas 360) – The U.S. Strategic Petroleum Reserve was created in the aftermath of the 1973 Arab oil embargo to serve one purpose: to provide the country with a buffer against severe supply disruptions. For decades, it represented the ultimate insurance policy for the world’s largest economy, offering confidence that geopolitical crises, natural disasters, or unexpected production
(By Oil & Gas 360) – This week was a reminder that today’s energy market can change direction in a matter of hours. Escalating military action between the U.S. and Iran briefly sent crude prices sharply higher before economic concerns pulled them back lower. While oil remained volatile, the week’s bigger story centered on the industry’s continued investment in long-term
(Oil & Gas 360) By Greg Barnett, MBA – Hanging in my office is a Bowles map published in 1783, the year America secured its independence. Among the rivers, settlements, mountains, and boundaries of a young Republic appears a single word in western Pennsylvania: Petroleum. The resource was known. The opportunity was not. For nearly eighty years, the hydrocarbons beneath
(By Oil & Gas 360) – The global oil market is undergoing one of its most significant structural shifts in decades, and much of that transformation is taking place across the Americas. What was once viewed primarily as a collection of regional production basins is evolving into an integrated export platform that is increasingly supplying Europe and Asia while reshaping
(Oil & Gas 360) By Greg Barnett, MBA – Less than eighty years after the Declaration of Independence announced the birth of a new nation, another declaration was being written in the hills of western Pennsylvania. It carried no signatures, sparked no rebellion, and invited no accusations of treason. Yet its consequences would prove transformative. In August 1859, Edwin
