Markets

US President Donald Trump has called for

Over the last decade, major European energy companies have intensified their focus on the Middle East and Africa, launching multibillion-dollar projects to reshape their global portfolio.

With the expansion of the Trans Mountain (TMX) pipeline, crude exports from Canada's Pacific Coast have surged, with China emerging as a key beneficiary.

The International Energy Agency (IEA) has reversed its 2021 stance on fossil fuel investment, now stating that new oil and gas development is essential to maintain current global output.

The global refining sector is in the midst of a revolution, moving decisively away from a century-old model focused on fuel production.

The week of Sep 8, in the oil market was characterized by a delicate balance between bullish geopolitical risks and bearish supply fundamentals.

The global oil market is sending mixed signals to investors.

J.P. Morgan analysts report that oil prices have been trading between $3 and $5 above their estimated fair value for Aug. and Sep.

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.

The Trump Administration's