Markets

Saudi Aramco, the world’s largest crude oil exporter, has recently expanded its crude trading strategy with its first-ever purchase of US WTI Midland crude.

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

As US President Donald Trump’s return to office influences global oil dynamics, OPEC+ must balance competing forces of supply and demand, while also addressing geopolitical shifts, potential sanctions, and unpredictable policy changes.

The global oil market remains under a delicate balance of forces, with fundamental supply and demand factors battling against financial market positioning.

The recent imposition of US sanctions on Russian oil producers and their tanker fleet has caused significant disruptions in global oil markets, particularly for Asian refiners.

The global oil market in early 2025 is marked by volatility, driven largely by the US sanctions on Russia’s oil sector.

The latest round of US sanctions targeting Russian oil suppliers is reshaping the procurement strategies of major Indian refiners, particularly Indian Oil Corporation (IOC) and Reliance Industries.

The International Energy Agency (IEA) has slightly revised its global refinery throughput forecast upward, now projecting 83.4MM b/d in 2025, compared to its previous estimate of 83.3MM b/d.