Markets

Recent data reveals French crude imports from the US reached a record high in Dec. 2024, marking the third consecutive month of such increases.

2025-02-23

The following presents the latest export activities in Iraq, Iran, and Kuwait.

The US has reinstated and intensified its

Brazilian state-controlled Petrobras is strengthening its commercial ties with India through supply agreements and exploration partnerships.

Japan is evaluating the feasibility of importing liquefied natural gas (LNG) from the US, including from Alaska, while also reassessing the economics of Alaskan North Slope (ANS) crude.

US President Donald Trump's imposition of 25% tariffs on Mexican crude and 10% tariffs on Canadian oil imports is set to have significant repercussions on global oil and gas markets, particularly in North America, Europe, and Asia.

The specter of US tariffs on Canadian crude oil imports has injected significant volatility into North American energy markets, impacting price discounts, natural gas flows, and long-term investment decisions.

US sanctions on Russian oil, coupled with potential tariffs on Canadian and Mexican imports, are significantly reshaping global oil markets, creating both challenges and opportunities.

Russia's crude oil exports faced headwinds in 2024, with total exports, including pipeline and seaborne shipments, declining by 2.2%, according to Kommersant.