Markets

FORECASTS
Oil and Gas Outlook: Industry Titans and McKinsey See Enduring Fossil Fuel Dominance Amid Affordability and Supply Risks
A landmark report from McKinsey & Company, the Global Energy Perspective 2025, combined with strong demand forecasts from major oil producers like OPEC and Saudi Aramco, indicates a significant shift in the anticipated timeline for the global energy transition.
October 25, 2025
FEATURE OF THE WEEK
Oil Price Up or Down
The current crude oil market is characterized by a significant dichotomy in price outlooks, with a strong short-term bearish sentiment contrasted by long-term bullish expectations.
October 20, 2025
FUTURES WEEKLY RECAPS
Week of Oct. 13: Oil Futures Markets Grapple with Trade Jitters and Mounting Supply Glut
The week was characterized by significant volatility in the oil market, as escalating trade tensions between the US and China clashed with signs of a rapidly developing global supply surplus.
October 19, 2025
OIL PRODUCTIONS NEWSFLASH
OPEC+ Production Jumps on Unwind of Cuts, Yet Faces Over-Supply Warning and Internal Audits
The OPEC+ alliance significantly increased its crude oil production in Sep. , raising output by 630K b/d from Aug. to an average of 43.05 MM b/d.
October 18, 2025
OIL PRODUCTIONS NEWSFLASH
North American Rig Count Holds Steady as US Oil Production Breaks Records, Driving Oversupply Warnings
The North America rotary rig count increased by one rig week-on-week, according to Baker Hughes' count released on Oct. 10, reaching a total of 740 rigs.
October 18, 2025
OPPORTUNITY CRUDES
Paradox of Production: Canada's Record Oil Output Stalls Drilling and Fuels Pipeline Export Push
The Canadian energy sector is facing a paradoxical environment marked by stagnant drilling activity coinciding with record-high crude oil production and an urgent push to secure new export infrastructure.
October 18, 2025
OIL PRODUCTIONS NEWSFLASH
South America's Oil Surge: Brazil, Guyana, and the Fossil Fuel Policy Reversals in Colombia and Venezuela
The South American energy landscape in mid-Oct. 2025 is defined by two major, and often contradictory, trends: the continued, aggressive expansion of ultra-deepwater oil production in Brazil and Guyana, and a critical political shift in Colombia away from an anti-fossil fuel policy.
October 18, 2025
CRUDE TRADES
Intensified Sanctions and Policy Reversals Disrupt Russia's Oil Revenue and Global Energy Flows
The geopolitical struggle over energy finance reached a new intensity in Oct. 2025, marked by a dual pressure campaign against Moscow: physical damage to its infrastructure and sweeping, expanded Western sanctions.
October 18, 2025
OIL PRODUCTIONS NEWSFLASH
Last Frontier: International Oil Firms Bet on Algeria, Egypt, Libya, and Nigeria
The North African energy sector is witnessing a significant resurgence, securing over $11.4 B in new investment and exploration deals across Algeria and Egypt in mid-Oct. 2025.
October 18, 2025
CRUDE TRADES
India Prioritizes Consumer Interests Amid US Pressure to Cut $25 B Russian Oil Trade
India's energy policy is facing an acute geopolitical challenge in mid-Oct. 2025 as the administration of US President Donald Trump intensifies pressure on New Delhi to cut its substantial imports of discounted Russian crude oil.
October 18, 2025
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