Markets

OIL PRODUCTIONS NEWSFLASH
Texas wildfires impact oil and gas operations, industry responds.
In response to the largest wildfire in Texas history, the Texas oil and gas sector faces potential disruptions, prompting industry players to enact emergency measures.
March 02, 2024
CLIMATE SCRUTINY
Investor pressure prompts bp to rethink clean-energy strategy.
Activist investor Bluebell Capital Partners is urging bp to abandon its commitment to reducing oil and gas output, arguing that the company's current strategy is destroying shareholder value.
March 02, 2024
FEATURE OF THE WEEK
A Partitioned Oil Market
Russia's invasion of Ukraine and subsequent Western sanctions have significantly altered the dynamics of the global oil and gas market.
February 26, 2024
FUTURES WEEKLY RECAPS
Crude futures prices retreated in week to Feb. 23 as demand concerns resurfaced.
After more-moderate movements throughout most of the period, futures prices for crude benchmarks sank on Friday when the US Federal Reserve hinted that it would not cut interest rates in March.
February 25, 2024
CLIMATE SCRUTINY
Decarbonizing refineries: the role of crude selection and processing strategies.
Decarbonizing refineries is a critical step in mitigating the environmental impact of the refining process. The selection of crude oil and refining strategies play pivotal roles in achieving this goal.
February 25, 2024
CRUDE TRADES
Strategic bargains: persistent demand by China and India for Russian oil amid sanctions.
Two years into the Russia-Ukraine war, several nations have shifted their energy trade strategies, reducing their reliance on Russian energy products.
February 25, 2024
OIL PRODUCTIONS NEWSFLASH
How are US oil producers tackling challenges and seizing upcoming opportunities?
The key is to be proactive, not reactive, in addressing future problems as former General Electric CEO Jack Welch aptly stated, 'If the rate of change on the outside exceeds the rate of change on the inside, the end is near.
February 25, 2024
FUTURES INSIGHTS
ADNOC CEO highlights unsustainability of global energy-demand growth.
Abu Dhabi National Oil Company (ADNOC) CEO underscores the unsustainable trajectory of global energy demand growth.
February 25, 2024
FORECASTS
Saudi Aramco warns of annual 6MM-b/d global oil-production loss.
Saudi Arabia’s state-owned company’s Chief Financial Officer, Ziad Al-Murshed, has highlighted a concerning trend, stating that the natural decline in operating oilfields is resulting in a loss of 6MM b/d of global oil production annually.
February 24, 2024
OIL PRODUCTIONS NEWSFLASH
OPEC+ dynamics: production cuts, compliance, and market expectations.
Amid the intricate web of OPEC+ activities, the question arises: are OPEC+ members disregarding the 2024 production cuts?
February 24, 2024
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