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US Oil Rig Count UP as WTI Moves UP to $92.21

In the latest weekly update from Baker Hughes, the US rig count has ticked higher, reaching 551 active rigs as of March 6, 2026. This marks a modest increase of 1 rig from the previous week’s count of 550, signaling a potential rebound amid surging West Texas Intermediate (WTI) crude prices. The rise comes against a backdrop of heightened geopolitical tensions in the Middle E...


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Oil Prices Set to Rise as the Insurance Problem Grows

In the volatile landscape of global energy markets, oil prices are poised for a significant upward trajectory amid escalating geopolitical tensions in the Middle East. As of March 6, 2026, Brent crude has already surged above $89 per barrel, driven by a confluence of factors including disrupted shipping routes, production halts, and a burgeoning crisis in maritime insurance. ...


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Key Energy Crisis Hot Spots Highlight Energy Security

In an era of escalating geopolitical tensions and accelerating climate goals, the global energy landscape is a powder keg of vulnerabilities and opportunities. As of March 2026, the world grapples with surging energy demands from AI data centers, volatile oil prices amid Middle East conflicts, and the uneven push toward net-zero emissions. This article examines key hotspots i...


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Did China Know the Strait of Hormuz Was Going to Close?

ENB Pub Note: This is an outstanding article from Giacomo Prandelli’s Substack “The Merchants News”. He has been on the Energy News Beat Podcast, and we are looking to have him on again. He is a great author, and we recommend subscr...


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Why’d The US Temporarily Waive Sanctions On India’s Purchase Of Russian Oil?

ENB Pub Note: This is an outstanding article from Andrew Korybko’s Newsletter on Substack. What he does not mention in the article is that if you tie the Venezuelan pricing controls that Stu Turley expects to be dropped onto Iran, and po...


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