Oil Prices
Global oil prices have recently experienced a significant downturn, with both Brent and West Texas Intermediate (WTI) crude futures falling to multi-week lows. This sharp dip is largely a consequence of resurfacing concerns over weakening global demand, set against a backdrop of a persistent oversupply and a broader global economic
Oil Market
As November 2025 unfolds, the West Texas Intermediate (WTI) crude oil market finds itself at a curious juncture. Despite a notable short-term dip in prices, falling below the critical $60 per barrel mark, the prevailing sentiment among many analysts suggests that these bearish tendencies are far from convincing for a
US Crude Production
The United States has once again shattered its own crude oil production records, reaching unprecedented levels that are sending significant ripples through global energy markets. With production soaring to over 13.8 million barrels per day (bpd) in August 2025 and consistently maintaining figures above 13.6 million bpd in
Energy Market
The global energy market is currently experiencing a significant divergence, as of November 7, 2025. Crude oil prices are facing sustained downward pressure, driven by a looming oversupply and moderating demand, setting the stage for potential price corrections. Conversely, natural gas prices have seen a sharp rebound and are trending
Oil Prices
The global oil market has been a theatre of dramatic shifts throughout 2025, witnessing significant price surges in the earlier part of the year driven by a potent mix of geopolitical tensions, strategic production cuts, and robust demand expectations. While the market currently finds itself navigating a period of moderation
Oil Markets
As of November 3, 2025, the global oil market is exhibiting a pronounced contango, a market structure where the futures price of crude oil is higher than its immediate (spot) price. This phenomenon, which has been steadily emerging and solidifying, signals a current oversupply of crude and a weaker near-term
Oil Market
New York, NY - November 3, 2025 – The global oil market is presenting a complex picture, characterized by a prevailing sentiment of an impending supply "glut" that contrasts sharply with recent drawdowns in U.S. crude oil stockpiles. As of early November 2025, while international energy agencies forecast
WTI Crude
Global crude oil markets are navigating a treacherous landscape as of November 3, 2025, caught between persistent geopolitical tensions and the strategic maneuvers of OPEC+. Both West Texas Intermediate (WTI) and Brent crude futures are experiencing significant volatility, reflecting a market grappling with an anticipated oversupply even as critical supply
OPEC+
November 3, 2025 – In a move designed to carefully balance global crude oil supply with demand, the OPEC+ alliance has announced a two-pronged production strategy. Effective for December 2025, the group will implement a modest collective increase in output, followed by a significant pause in any further increments for the
Oil Market
The global oil market continues to grapple with the specter of oversupply, a sentiment reinforced by Rystad Energy's latest assessments. Despite the OPEC+ alliance's recent decision to pause output increases for the first quarter of 2026, experts like those at Rystad suggest that the underlying conditions
Oil Prices
The global financial landscape is currently grappling with a significant downturn in oil prices, a phenomenon that has profound economic and political implications. As of October 31, 2025, Brent crude is trading around $64.49 per barrel, an 11.78% decrease year-on-year, while West Texas Intermediate (WTI) crude hovers around
Geopolitical Sanctions
The global energy landscape is once again gripped by uncertainty as a fresh wave of geopolitical sanctions, enacted in October 2025, tightens its grip on Russia's vital oil sector. These latest measures, spearheaded by the United States, United Kingdom, and European Union, directly target the Kremlin's