Markets

The OPEC+ alliance is preparing for a crucial Oct. 5 meeting to determine Nov. output levels, continuing its strategy to gradually return production to the market and reclaim global market share.

In a definitive strategic shift back to fossil fuels, European energy majors bp and Repsol are aggressively expanding their oil and gas footprint in the US Gulf of Mexico (GOM).

The US crude oil market is undergoing a fundamental transformation, characterized by volatile export levels and profound shifts in the nation’s supply and demand dynamics.

Latin America's oil sector is undergoing a dramatic realignment, with Brazil and Argentina rapidly increasing production and investment, while Mexico's state-dominated output continues its decline.

The African energy landscape is being reshaped as International Oil Companies (IOCs) divest from legacy onshore assets and refocus capital on deepwater exploration and integrated gas projects.

The Asian crude market is caught between the rising cost of transporting US oil and the strategic push by Asian buyers to reduce reliance on the Middle East, even as cheaper Middle Eastern benchmarks make the long-haul US route increasingly uneconomical.

The global oil sector is grappling with a paradox: while European refineries face existential pressure to pivot to clean fuels, major international oil companies (IOCs) are cutting jobs and spending to survive short-term price pressure, all while remaining fundamentally bullish on oil's long-term future.

Despite pervasive forecasts of an oil glut leading to a price crash, benchmark oil prices have remained remarkably stable, refuting the

The week of Sep. 22–26, 2025, was marked by significant volatility in global oil markets, driven by escalating geopolitical tensions and shifting supply dynamics.

Global oil demand growth is tracking at approximately 0.8 MM b/d year-to-date through Sep. 17, with an average of 104.4 MM b/d, closely aligning with J.P. Morgan (JPM) forecasts.