Markets

Brazilian state-controlled Petrobras is strengthening its commercial ties with India through supply agreements and exploration partnerships.

The US energy landscape is shifting toward energy abundance over decarbonization under a new administration, impacting domestic production and global oil and gas markets.

Japan is evaluating the feasibility of importing liquefied natural gas (LNG) from the US, including from Alaska, while also reassessing the economics of Alaskan North Slope (ANS) crude.

The US Energy Information Administration (EIA) forecasts a decline in Brent crude oil prices, averaging $74/b in 2025 and $66/b in 2026, down from $80/b in 2024.

Artificial intelligence (AI) is revolutionizing the petroleum industry, driving both profitability and sustainability during the energy transition.

The week of Jan. 4-8, 2025, saw significant volatility in oil markets, as Brent and WTI futures experienced fluctuating movements driven by geopolitical tensions, trade war fears, and changes in US energy policy.

President Donald Trump’s push to increase US crude oil production under his “energy dominance” agenda faces challenges as shale companies plan to keep budgets stable or lower in 2025.

US President Donald Trump's imposition of 25% tariffs on Mexican crude and 10% tariffs on Canadian oil imports is set to have significant repercussions on global oil and gas markets, particularly in North America, Europe, and Asia.

The announcement of new US tariffs on Canada, Mexico, and China has stirred volatility in the oil market, but Goldman Sachs forecasts a limited short-term impact on oil prices.

A potential 10% tariff on Canadian crude oil imports into the US poses a complex challenge for US refineries, with varying impacts depending on refinery location, configuration, and access to alternative crude supplies.