Markets

Brazil’s oil industry is witnessing a surge in production, with President Luiz Inácio Lula da Silva advocating for oil exploration even near sensitive areas like the Amazon River mouth.

US sanctions on Russian oil are boosting Middle Eastern OPEC producers' pricing power, potentially increasing petrodollar revenue.

The US energy landscape is shifting toward energy abundance over decarbonization under a new administration, impacting domestic production and global oil and gas markets.

President Donald Trump’s push to increase US crude oil production under his “energy dominance” agenda faces challenges as shale companies plan to keep budgets stable or lower in 2025.

Several Asian nations are pursuing ambitious energy strategies, balancing the need for economic growth with long-term sustainability goals.

US policy and its potential impact on the global oil market have become a focal point for OPEC+.

Upon being sworn in for a second term, President Donald Trump vowed to reshape US energy policy by declaring a

Crude oil production from Alaska’s North Slope, long in decline, is set to rebound over the next decade.

OPEC+ is set to confront significant challenges as its production cut tapering could result in a substantial surplus in the global oil market by 2026, according to the Saudi think tank KAPSARC.

In a decisive move before exiting office, President Joe Biden enacted a sweeping ban on offshore drilling in over 625MM acres (252.93MM hectares) of US coastal and offshore territories, including sensitive areas like the eastern US Atlantic coast and parts of the Arctic.