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Song of Oil and LNG is a Telegram channel listed on TeleHub. View its description, category, member count, and Telegram join link.
Telehub🌍 Dive into global oil & LNG insights! 🚀 Get updates on geopolitics, market shifts & trade flows — join us for all things energy.
Song of Oil and LNG is a Telegram channel listed on TeleHub. View its description, category, member count, and Telegram join link.
Explore the circulatory system of the global economy with a focus on oil and LNG. From geopolitical tensions shaping market prices to shifts in crude imports, stay informed with timely analysis. Join us for discussions around recent developments, including India's agreements, Russia's increasing production, and dynamics impacting supply chains. Engaging content that keeps you in the know! 📈🔥
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Song of Oil and LNG is listed under Energy, Oil & Gas, Market Analysis, Geopolitics on TeleHub.
Statistics updated September 9, 2026
Post frequency is estimated from the latest 30 stored public posts and may undercount activity.
🇨🇦 Canada’s Oil Pivot to Asia Is Starting to Materialize Canada’s Trans Mountain pipeline reached full capacity for the first time in June, a concrete sign that incremental export infrastructure on the Pacific coast is now being fully utilized. The operator also already has another 300,000 barrels per day of capacity planned, pointing to a potential second leg in the expansion of westbound Canadian crude flows. The immediate market meaning is straightforward: full utilization confirms that Asian-facing access for Canadian barrels is no longer just a strategic narrative but an active trade route. That matters for crude placement, as additional Pacific egress can reduce dependence on traditional North American outlets and improve optionality for producers when pricing between regional benchmarks diverges. If the planned 300,000 bpd is advanced, the effect would be to deepen Canada’s ability to redirect marginal barrels toward Asia rather than compete only within its legacy market structure. For the market, June marks an operational proof point: export diversification is now real, and any further capacity buildout would strengthen Canada’s leverage over crude flows and pricing exposure. 🔎 Source @songofoil
🇻🇪 Chevron to Double Venezuela Rig Count in $7 Billion Oil Push Chevron plans to double its drilling rig count in Venezuela under a five-year expansion program valued at $7 billion, targeting roughly 600,000 barrels per day of production. The headline points to a material upstream scale-up in a country with some of the world’s largest crude reserves but long-constrained output. For the market, the signal is straightforward: if execution holds, this is a medium-term supply story rather than an immediate barrel shock. A five-year development cycle means the impact would build gradually, but the targeted 600,000 bpd is large enough to matter for Venezuelan export flows and for heavy crude availability in the Atlantic Basin. That is particularly relevant for refiners configured for heavier slates and for regional crude differentials if additional Venezuelan barrels steadily return to market. The key takeaway is that Chevron is positioning for a meaningful increase in Venezuelan output, with potential consequences for heavy crude balances well before the full target is reached. 🔎 Source @songofoil
IEA cuts 2026 oil outlook The IEA now expects global oil demand to fall by 1.6 million barrels per day in 2026, with the agency linking the downgrade to Hormuz disruption, depleted inventories and record refining margins. The combination points to a market where supply-chain stress and higher product costs are feeding back into consumption rather than supporting stronger crude demand. For the oil market, the signal is that disruption in and around Hormuz is being read not only as a supply risk but also as a demand-destructive event. Depleted inventories reduce the system’s buffer, while record refining margins imply tighter product markets and higher end-user prices, which can curb runs and weaken demand growth expectations across importing regions. The immediate takeaway is bearish for the 2026 demand outlook even if near-term geopolitical risk keeps the supply side highly sensitive. 🔎 Source @songofoil