In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss the oil market's indifference to production cuts by OPEC+ members, the looming layoffs at Volkswagen amid struggles in the EV transition, and the criticism of Kamala Harris's vague energy plan. They also explore geopolitical tensions, including Putin's threat to cap uranium exports, impacting U.S. energy supplies. The show wraps up with a review of oil and gas market trends, including Apache’s asset sale and Viper Energy’s latest mineral acquisition, highlighting significant industry moves.

Highlights of the Podcast

00:00 - Intro

01:36 - Oil Markets Are Ignoring Imminent Production Cuts By 3 OPEC+ Members

04:09 - Layoffs Loom as Volkswagen Fights for Survival

06:00 - Energy Experts Say Kamala’s Energy Plan Is ‘Gibberish Designed To Muddy A Record’

11:09 - Putin Calls for Sanctions Revenge, Threatens to Cap Uranium Exports

13:42 - Markets Update

15:20 - Oil Moves Lower as EIA Confirms Small Crude, Gasoline Build

16:52 - APA Announces Agreement for $950 Million Asset Sale of Non-core Properties in the Permian Basin

18:13 - Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Announces Acquisition

21:50 - Outro

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