Markets

CRUDE TRADES
Trans Mountain Pipeline shifts crude trade dynamics across Pacific.
The Trans Mountain Expansion (TMX) pipeline is set to implement significant changes to quality regulations for heavy crude effective Sept. 1, following industry feedback.
June 29, 2024
OIL PRODUCTIONS NEWSFLASH
South American producers come to shine: Guyana, Brazil, and Colombia.
In recent developments across the three South American countries, several key projects are shaping the oil and gas landscape in the region
June 29, 2024
OIL PRODUCTIONS NEWSFLASH
CNOOC launches production at Enping 21-4 oil field in South China Sea.
China National Offshore Oil Corporation (CNOOC) has initiated crude oil production from the Enping 21-4 Oilfield Development Project in the South China Sea, marking a significant milestone for the state-held giant.
June 29, 2024
FEATURE OF THE WEEK
Asian Oil Dynamics
In recent months, both China and India have showcased distinctive trends in their oil import strategies, reflecting broader shifts in the Asian energy landscape.
June 24, 2024
FUTURES WEEKLY RECAPS
Petroleum futures prices up in week to June 21 on expectations of tighter market.
Demand optimism from the previous week continued while geopolitical issues in Europe and the Middle East prompted concerns about potential supply disruptions.
June 24, 2024
OIL PRODUCTIONS NEWSFLASH
Iran asserts independence in oil production and exports despite US sanctions.
Iran's Petroleum Minister Jawad Owji declared that the US could no longer hinder Iran's oil production and exports.
June 23, 2024
FORECASTS
Price forecasts amid geopolitical uncertainty.
In recent updates from industry leaders and analysts, the oil market has seen varied sentiments and forecasts.
June 22, 2024
OIL PRODUCTIONS NEWSFLASH
Surge in US crude exports amid production forecast increases.
Recent developments in the US crude oil market highlight significant shifts in both production and export volumes.
June 22, 2024
OIL PRODUCTIONS NEWSFLASH
UK oil industry needs investment and political support to halt output decline.
The UK's oil industry is at a critical juncture, with projections indicating a significant decline in production unless substantial investments, totaling around £20B, are secured by the end of the decade.
June 22, 2024
FEATURE OF THE WEEK
Public Rift Again
Continued opposing future views of the global oil market flare up again as IEA's latest downward revision sparks OPEC criticism amid oil market volatility.
June 17, 2024
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