Markets

Colombia, once the world’s only major oil producer to commit to a

The global biofuel market is facing a critical feedstock supply crunch, driven by soaring demand from the US and Europe and compounded by geopolitical and policy shifts, which is forcing both governments and corporations to rethink their strategies.

Oil prices experienced significant volatility throughout the week of Oct. 6, 2025, as market sentiment was swayed by the modest production hike from OPEC+, concerns over a looming global supply surplus, and shifting geopolitical tensions.

The oil market is characterized by a growing bearish consensus driven by expectations of oversupply, yet prices are supported by persistent geopolitical risks and high financing costs that could make a coming glut more volatile and destructive than in the past.

OPEC+ has decided to continue its measured approach to unwinding production cuts, which the influential BMI analyst group expects to be highly responsive to oil price shifts.

Saudi Arabia, the world's top crude exporter, sets the benchmark for Middle East oil pricing, with its official selling prices (OSPs) for Nov. 2025 reflecting differing regional market conditions and a cautious strategy aimed at maintaining market share amid global supply concerns.

The global oil market is defined by an imminent oversupply crisis that is exerting significant pressure on producers.

The global oil market is grappling with Russia's successful strategy to maintain and increase crude exports despite Western sanctions and internal infrastructure threats.

The global energy landscape is currently marked by a complex geopolitical tug-of-war, primarily involving the US, India, China, and Russia, as the US attempts to isolate Russia and Iran through sanctions.

The third quarter of 2025 was characterized by