Geographic Spotlight: South Africa

Geographic Spotlight: South Africa

Friday, April 17, 2026. South Africa produces virtually no crude oil. Current output: 550 barrels per day. Imports 95-100% of consumption (~700k bpd). Refining capacity 360k bpd, down from 80% domestic. April 1 fuel shock: petrol +R5/l, diesel +R8/l. Strategic reserves 8M barrels. Gas shortage reliant on Mozambique imports. Offshore potential: 13k MMbbl liquids, 38 Bcf gas. Brulpadda/Luiperd undeveloped. TotalEnergies 2026 drilling. Market size $91M (2024) → $325M (2033). 2026 critical for reforms. Next week: live industry updates resume.

Avsnitt(174)

Geographic Spotlight: China — The World's Largest Energy Consumer and Geopolitical Wildcard

Geographic Spotlight: China — The World's Largest Energy Consumer and Geopolitical Wildcard

Friday, April 30, 2026. Geographic Spotlight: China. World's largest energy consumer: 14M bpd oil, 600 Bcm/yr gas. Imports 10M bpd, 45% from Middle East including Iran. Hormuz blockade threatens energ...

1 Maj 2min

Geographic Spotlight: Norway — Europe's Energy Lifeline in a Blockaded World

Geographic Spotlight: Norway — Europe's Energy Lifeline in a Blockaded World

Thursday, April 30, 2026. Geographic Spotlight: Norway. World's 2nd-largest crude exporter (1.7M bpd), 3rd-largest gas exporter (120 Bcm/yr). Supplies 25% of Europe's natural gas. NATO ally, EEA membe...

30 Apr 2min

Crude Oil Explosion: WTI Spikes to $107.11 on Extended Blockade Commitment

Crude Oil Explosion: WTI Spikes to $107.11 on Extended Blockade Commitment

Wednesday, April 29, 2026. WTI closes $107.11 (+7.19% or +$7.18), open $99.41, high $107.65. Trump rejects Iran deal, prepares extended blockade. Henry Hub $2.64 (-1.92%), down 8.58% monthly. EIA: com...

29 Apr 3min

Trump Rejects Iran Deal, Crude Holds $97

Trump Rejects Iran Deal, Crude Holds $97

Tuesday, April 28, 2026. WTI $97.38 (+1.05%), range $96.26-$97.55. Inverted head and shoulders intact, buyers control. Trump rejects Iran proposal, maintains blockade. Downside risk $70-75 if deal acc...

28 Apr 3min

Iran Offers Strait Reopening for Blockade Lift

Iran Offers Strait Reopening for Blockade Lift

Monday, April 27, 2026. BREAKING: Iran offers to reopen Strait of Hormuz + extend ceasefire indefinitely if US lifts blockade. Trump convening Situation Room. WTI $95-$96, Brent $105+. Henry Hub $2.57...

27 Apr 2min

Crude Surges to $97 on Strait Closure, Gas Capitulates on Shoulder Season

Crude Surges to $97 on Strait Closure, Gas Capitulates on Shoulder Season

Friday, April 24, 2026. WTI opens $92, surges to $97 (+$7.74 week). Inverted head and shoulders bullish setup. Strait of Hormuz near-zero traffic. Iran's "Tehran Tollbooth" demands $2M per vessel. Hen...

24 Apr 3min

EIA Inventory Miss: Crude Rallies on Geopolitical Risk, Not Fundamentals

EIA Inventory Miss: Crude Rallies on Geopolitical Risk, Not Fundamentals

Thursday, April 23, 2026. WTI surges to $97.19, settles $94.49 (+1.65%). EIA crude inventories +1.9M (expected -1.2M). Strait of Hormuz closed. Iran renewed vessel attacks. Negotiations stalled. Gas f...

23 Apr 2min

Blockade Holds: Crude Caught Between Diplomacy and Supply Destruction

Blockade Holds: Crude Caught Between Diplomacy and Supply Destruction

Wednesday, April 22, 2026. Trump extends ceasefire indefinitely. Blockade remains. Iran's parliament calls for military escalation. API crude draw beats expectations. Gas forward curve steep on LNG de...

22 Apr 2min

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