The ongoing political dispute between the Kurdistan Regional Government (KRG) and the federal Iraqi government has severely impacted the Kurdistan oil production and prices.
September 01, 2024
Recent shifts in oil price forecasts reflect a complex interplay of geopolitical tensions, economic uncertainties, and fluctuating supply and demand dynamics.
August 31, 2024
Canada's expanded Trans Mountain pipeline and new emissions cap both have substantial implications for US refineries, affecting both short-term operations and long-term crude supply dynamics.
August 26, 2024
Gaza ceasefire talks and weak economic data from China and the US pushed down futures prices, but hopes for an interest-rate cut in the US prevented greater week-on-week losses.
August 26, 2024
Latin American producer’s oil output has surged significantly since it began in 2019, escalating from 70K b/d in 2020 to 380K b/d in 2023.
August 25, 2024
Sara Wagenknecht, the founder of Germany’s ultra-left party BSW, has proposed lifting the embargo on Russian oil if her party gains influence in Brandenburg’s state government.
August 25, 2024
As of the latest available data from 2024, the combined oil and gas production in Africa is approximately 6.4MM b/d and 17.5B cf/d respectively.
August 25, 2024
A recent report by BofA Global Research highlights a potentially soft oil market due to increased non-OPEC+ production and decelerating demand growth.
August 24, 2024
OPEC has recently downgraded its oil demand growth forecasts, but this change does not appear to alter its planned production adjustments.
August 24, 2024
Recent trends in U.S. refining and oil inventories are exacerbating global oil trading risks.
August 19, 2024