Markets

The world’s top energy agencies and companies have significantly revised their long-term oil demand forecasts in Nov. 2025, suggesting the energy transition has stalled and fossil fuels will maintain dominance for decades.

The oil market is currently torn between conflicting forces, resulting in high volatility but keeping prices largely range-bound until one side decisively overpowers the other.

The third quarter of 2025 showcased the operational resilience of the world's leading oil and gas majors, as they successfully leveraged robust production growth to mitigate the financial impact of significantly lower year-on-year crude oil prices.

The US government has dramatically escalated its economic pressure on Russia by imposing direct sanctions on the country's two largest oil companies, Rosneft and Lukoil.

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.

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.

The global refined products market is experiencing significant shifts driven by sanctions on Russian and Venezuelan oil, resulting in a record surge of fuel oil imports into the US Gulf Coast (USGC) and a historic increase in Indian diesel exports to Europe.

Despite pervasive forecasts of an oil glut leading to a price crash, benchmark oil prices have remained remarkably stable, refuting the

There is no better illustration of the US oil sector's global relevance than its strong export performance.

The global refining sector is in the midst of a revolution, moving decisively away from a century-old model focused on fuel production.