About this episode
In this episode of Energy Newsbeat Daily Standup, Michael Tanner breaks down contrasting oil market outlooks from ConocoPhillips CEO Ryan Lance, who challenges oversupply fears and projects a $70–$75 rebound, and Occidental CEO Vicki Hollub, who foresees a tighter $58–$62 range through 2026. Hollub also highlights natural gas growth driven by AI-powered data center demand. Saudi Aramco CEO Amin Nasser reinforces this, asserting fossil fuels—not renewables—will fuel the AI revolution. Meanwhile, JPMorgan announces a $10B equity push into U.S. strategic industries, including energy resilience. Tanner sees volatility persisting amid geopolitical tensions and cooling oil prices, closing with a call to stay tuned for earnings season and investment insight. Subscribe to Our Substack For Daily Insights Want to Add Oil & Gas To Your Portfolio? Fill Out Our Oil & Gas Portfolio Survey Need Power For Your Data Center, Hospital, or Business? Follow Stuart On LinkedIn: https://www.linkedin.com/in/stuturley/ and Twitter: https://twitter.com/STUARTTURLEY16 Follow Michael On LinkedIn: https://www.linkedin.com/in/michaelta... and Twitter: https://twitter.com/mtanner_1 Timestamps: 00:00 - Intro 00:16 - Where’s the Glut? Says ConocoPhillips CEO Ryan Lance 04:15 - Occidental CEO Hollub Sees Tight Oil Price Range Through 2026 – But what about Natural Gas we ask? 07:22 - Fossil Fuels Will Power the AI Revolution, Saudi Aramco CEO Says – So we ask, who do you invest? 09:54 - JP Morgan announced today that they will make direct equity investments of up to $10 billion into strategic industries that support the United States’ economic security. 15:10 - Market Update 17:13 - Outro Links to articles discussed: Where’s the Glut? Says ConocoPhillips CEO Ryan Lance Occidental CEO Hollub Sees Tight Oil Price Range Through 2026 – But what about Natural Gas we ask? Fossil Fuels Will Power the AI Revolution, Saudi Aramco CEO Says – So we ask, who do you invest? JP Morgan announced today that they will make direct equity investments of up to $10 billion into strategic industries that support the United States’ economic security.