Markets

FORECASTS
Fueling the friction: IEA and OPEC clash over predictions for peak fossil-fuel demand.
In a heated exchange of words, OPEC has once again taken issue with the International Energy Agency (IEA), claiming that the IEA's prediction of a peak in fossil fuel demand before 2030 poses a
September 17, 2023
CRUDE TRADES
Saudi-Russian alliance poses significant challenge to oil markets and global oil trades.
In its September Oil Market Report (OMR), the International Energy Agency (IEA) has highlighted the formidable challenge posed by the Saudi-Russian alliance to global oil markets.
September 17, 2023
OIL PRODUCTIONS NEWSFLASH
TotalEnergies launches $9B offshore oil project in Suriname with first oil expected in 2028.
French energy major is embarking on an ambitious offshore oil project in Block 58, situated off the coast of Suriname.
September 17, 2023
OIL PRODUCTIONS NEWSFLASH
North Sea oil and gas industry thrives with investment and exploration growth.
A recent announcement from Rystad Energy has highlighted the thriving state of the North Sea oil and gas industry.
September 17, 2023
FUTURES WEEKLY RECAPS
Crude futures prices shot up in week to Sept. 15 on persistent supply concerns.
The market continued to digest the previous week's news of supply cuts by Saudi Arabia and Russia, pushing up futures prices for benchmark crudes to ten- and eleven-month highs.
September 17, 2023
FUTURES WEEKLY RECAPS
Focus on OPEC+ supply cuts pushed petroleum futures prices up as of Sept. 8.
The decisions by Saudi Arabia and Russia to prolong their supply cuts through the end of 2023 helped futures prices for benchmark crudes to tick off second consecutive week-on-week increases.
September 11, 2023
FORECASTS
The limits of AI in predicting oil prices: insights from industry experts.
AI is a powerful tool that has found its way into various industries, including the oil and gas sector.
September 10, 2023
FORECASTS
Certain uncertainties: analysts offer varied predictions of oil prices.
Oil market experts and analysts have presented differing outlooks on the future of oil prices, reflecting the complexity and uncertainty in the global energy landscape.
September 10, 2023
CRUDE TRADES
Disrupted oil flows: impact of Russia-Ukraine conflict on European imports and Russian exports.
The conflict in Ukraine has sent shockwaves through the global oil markets, resulting in significant changes in the trade dynamics between Russia and Europe.
September 10, 2023
CRUDE TRADES
Record-breaking crude-oil exports surge in the Gulf Coast.
In a remarkable feat, the Gulf Coast region has witnessed an unprecedented surge in crude oil exports, with a staggering 4.8MM b/d loaded onto tankers during the week ending August 25..
September 10, 2023
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