Markets

OIL PRODUCTIONS NEWSFLASH
Too Much Oil? Glut Concerns, Job Cuts, and Shifting Supply Trends
The global oil market is sending mixed signals to investors.
September 13, 2025
OIL PRODUCTIONS NEWSFLASH
OPEC+ ready to grab market shares amidst increasing production and cutting prices
In a surprise move, eight key OPEC+ producers, including Saudi Arabia and Russia, have agreed to increase oil output by 137K b/d starting in Oct.
September 13, 2025
OIL PRODUCTIONS NEWSFLASH
The OPEC+ Guessing Game: Uncertainty Looms Over Oil Supply and its Market Share Strategy Ahead of Key Meeting
OPEC crude production rose by about 400K b/d in Aug., reaching 28.55 MM b/d, with Saudi Arabia, the UAE, and Nigeria driving the increase.
September 06, 2025
OIL PRODUCTIONS NEWSFLASH
US Oil Production Defies Falling Rig Counts to Hit Record Highs
The US energy sector is exhibiting a paradox of record-high production amid a contracting rig count.
September 06, 2025
OIL PRODUCTIONS NEWSFLASH
US Energy Growth: Driven by the Permian, New Mexico, and Gulf of America
US crude oil production hit a record high in Jun., according to the EIA's Petroleum Supply Monthly,
August 31, 2025
OIL PRODUCTIONS NEWSFLASH
Bullish US Oil and Gas Outlooks with Activity Rises While Offshore Production Plans Solidify
Drilling and exploration activity across North America saw mixed but generally positive trends this week, with a focus on offshore development and a jump in US crude exports.
August 23, 2025
OIL PRODUCTIONS NEWSFLASH
Norway's Oil and Gas Production Surges as New Discoveries in North Sea Bolster Long-Term Outlook
Scandinavian major producer's oil and gas production significantly topped forecasts in Jul., driven by a major new oilfield reaching full capacity.
August 23, 2025
OIL PRODUCTIONS NEWSFLASH
ExxonMobil Seals E&P Deal in Trinidad and Tobago, Extending Guyana's Success Story
Guyana’s oil-producing capacity has surged to 900K b/d with the start of production at ExxonMobil's Yellowtail development in the offshore Stabroek block.
August 16, 2025
OIL PRODUCTIONS NEWSFLASH
BP's Strategy Shift Pays Off with Brazil's Bumerangue Discovery
The UK energy major has announced its largest oil and gas discovery in 25 years in the deepwater Bumerangue block of Brazil's Santos basin.
August 10, 2025
OIL PRODUCTIONS NEWSFLASH
Geopolitical and Corporate Shifts in the South American Oil Sector
The oil and gas industry in South America is being reshaped by a combination of US sanctions, corporate strategy shifts, and new government policies.
August 10, 2025
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