Markets

OIL PRODUCTIONS NEWSFLASH
US Oil Production Declines Amid Tariff Uncertainty, Texas Records Strong 2024
The Jan. output in the US fell to 13.15MM /d, the lowest level in over a year, according to the US Energy Information Administration (EIA).
April 06, 2025
OIL PRODUCTIONS NEWSFLASH
Kazakhstan's Record Oil Output Faces Export Route Uncertainty Amid OPEC+ Tensions
The Central Asian country's combined crude oil and condensate production reached a record high of 2.17MM b/d in Mar., consistently exceeding its OPEC+ crude oil quota of 1.468MM b/d.
April 06, 2025
OIL PRODUCTIONS NEWSFLASH
A Tale of Two North Sea Producers: Norway vs. UK
In Norway, Equinor Energy AS has awarded Technip FMC a contract for the Johan Sverdrup Phase 3 development in the Norwegian North Sea.
March 30, 2025
OIL PRODUCTIONS NEWSFLASH
US Oil Industry Navigates Trump's Policies: Deregulation vs. Price Pressures and Profitability Concerns
US oil executives, while welcoming President Trump's pro-energy stance and deregulation efforts, harbor concerns about his push for lower oil prices.
March 22, 2025
OIL PRODUCTIONS NEWSFLASH
Trump's Alaska Energy Expansion Amid APA's North Slope Oil Discovery
The Trump administration is prioritizing Alaskan energy development and reversing prior Biden administration restrictions.
March 22, 2025
OIL PRODUCTIONS NEWSFLASH
OPEC+ Reversal: Market Reactions to Output Increase
Eight OPEC+ nations agreed to increase crude production from Apr., unwinding 2.2MM b/d of
March 08, 2025
OIL PRODUCTIONS NEWSFLASH
Kazakhstan's Oil Output Surge and OPEC+ Compliance Challenges
Kazakhstan's oil production reached a record high of 2.12MM b/d in Feb., a 13% increase from Jan. driven by a significant rise in output at the Tengiz oilfield..
March 08, 2025
OIL PRODUCTIONS NEWSFLASH
China's Domestic Hydrocarbon Expansion: Shale Oil Reserves by Sinopec and Offshore Discoveries by CNOOC
2025-03-08
March 08, 2025
OIL PRODUCTIONS NEWSFLASH
Brazil's Offshore Ambitions and Mexico's Production Challenges: A Tale of Two Oil Giants
Brazil's oil sector faces potential output growth limitations due to temporary drilling suspensions by regulators.
March 01, 2025
OIL PRODUCTIONS NEWSFLASH
Trump Reverses Chevron’s Venezuela Oil License Amid Migration and Political Concerns
In Feb. 2025, Chevron initiated discussions with the Trump administration regarding its operations in Venezuela, aiming to maintain its presence and continue oil production.
March 01, 2025
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