Markets

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.

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.

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.

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.

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.

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.

Colombia, once the world’s only major oil producer to commit to a

The global biofuel market is facing a critical feedstock supply crunch, driven by soaring demand from the US and Europe and compounded by geopolitical and policy shifts, which is forcing both governments and corporations to rethink their strategies.

Oil prices experienced significant volatility throughout the week of Oct. 6, 2025, as market sentiment was swayed by the modest production hike from OPEC+, concerns over a looming global supply surplus, and shifting geopolitical tensions.

The oil market is characterized by a growing bearish consensus driven by expectations of oversupply, yet prices are supported by persistent geopolitical risks and high financing costs that could make a coming glut more volatile and destructive than in the past.