R-Squared Energy

Venezuela is often described as sitting atop the largest oil reserves on Earth. Officially, the country reports more than 300 billion barrels of proven oil—more than Saudi Arabia. To many readers, that figure implies vast, […]

The S&P 500 closed out 2025 with a total return of 16.4%, marking its third consecutive year of double-digit gains. Despite a choppy finish, it was a strong year for equities, with every sector ending […]

After the latest political shock in Venezuela, speculation has surged over the prospects of a recovery for the country’s oil industry. On paper, Venezuela still holds the world’s largest proven oil reserves. In reality, production […]

The dramatic events over the weekend in Venezuela have renewed global attention on a country that, on paper, should be one of the world’s great energy powers. Venezuela holds the largest proven oil reserves on […]

If 2025 felt like a year of mixed signals in energy markets, 2026 will feel like a contradiction. We are entering a year defined by divergence—a paradox in which the world has too much of […]

If 2025 taught us anything, it was that energy markets remain governed by fundamentals, not slogans. The year opened with expectations of policy-driven disruption and geopolitical shocks. It closed with supply, demand, and infrastructure constraints […]

President Trump’s recent decision to rescind the Biden-era fuel efficiency standards marks a sharp shift in U.S. transportation policy. While the administration frames the move as a win for consumers and automakers, the implications extend […]

Last Tuesday evening, President Donald Trump posted a striking message on Truth Social calling for a “total and complete blockade” of all sanctioned oil tankers entering or leaving Venezuela. In the post, Trump cited asset […]

On a recent flight from Los Angeles to Phoenix, I glanced out the window as the aircraft slowly descended over the open desert west of the city. The landscape shifted abruptly from endless scrubland to […]

Brent crude has drifted into the low-$60s, a price corridor OPEC+ has spent the better part of two years trying to defend through disciplined supply management. Yet the market’s center of gravity is shifting. Independent […]