US crude exports have surged, reaching 3.9MM b/d in the week to Oct. 25, up 434K b/d from the previous week and just 13K b/d below year-to-date levels.
November 03, 2024
After two weeks of having been unimpressed with economic stimuli announced by China, the bulls took heart from an increase in crude-import quotas issued by Beijing.
October 28, 2024
The global oil supply landscape is marked by a complex interplay of forecasts that highlight both potential surpluses and looming crises.
October 21, 2024
The market remained in the grip of the opposing forces of a weak demand outlook and concerns of potential supply disruptions.
October 21, 2024
Brazil’s state-owned producer has initiated production operations from the Maria Quitéria floating production, storage, and offloading (FPSO) unit at the Jubarte field in the Campos Basin's presalt area offshore Brazil.
October 20, 2024
Recent developments in South America's oil and gas sectors, particularly in Guyana, Suriname, Brazil, and Argentina, are poised to significantly impact the global energy landscape.
October 20, 2024
The recent expansion of US sanctions against Iran is poised to significantly affect crude oil flows to China, as well as increase shipping costs.
October 20, 2024
Algeria is set to announce a new oil and gas licensing round aimed at attracting significant foreign investment from major companies like Chevron, Eni, ExxonMobil, and Sinopec.
October 20, 2024
Baker Hughes and Repsol have entered a partnership aimed at advancing artificial intelligence (AI) capabilities through the Leucipa™ automated field production solution.
October 20, 2024
Asian Refiners Face Challenges Ahead Considering Mideast Tensions, Reducing Iranian Oil Exports, and Venezuelan Turmoil.
October 14, 2024
