Saudi Arabia Forced to Boost Fuel Oil Imports as Gas Output Dips
Saudi Arabia is importing more fuel oil than before, to use in power generation as its natural gas production reverses…
North America
$100 oil could unlock 2.1 million bpd of additional South American crude supply
A sustained $100-per-barrel oil price could unlock up to 2.1 million barrels per day (bpd) of additional crude supply across…
Middle East
Middle East conflict puts up to 2 million bpd of Gulf refining capacity under threat – Rystad Energy’s Oil Market Update
As the Strait of Hormuz remains closed in the wake of the US-Iran military escalation, Gulf countries’ oil inventory levels…
International
Global upstream M&A activity poised for a sluggish 2026 – Rystad Energy market update
Global upstream merger-and-acquisition (M&A) activity is expected to be lower in 2026 than in 2025, with nearly $152 billion-worth of…
International
Oil holding steady, unlikely to break $80/barrel, as Israel-Iran conflict intensifies – Rystad Energy’s Breaking News Market Update
Markets are scrambling to reassess the impact of the intensifying Israel-Iran conflict, with civilian and energy sites coming under attack…
International
Record-breaking shareholder payouts are now under threat as oil price hovers at $60
Western energy supermajors are faced with an increasingly difficult challenge: either keep their promise of returning ever-higher shareholder returns or…
North America
OPEC+ remains in control as US-China trade war shows no signs of stopping / Rystad Energy oil market update
The US-China trade war has inched closer toward a path of no return, with the escalation between the two superpowers…
International
Oil and gas explorers zero in on near-field plays as budgets tighten and prospects shrink
Increasing financial constraints, a low commodity price environment and a shrinking pool of prospective basins have transformed how oil and…
International
Rystad Energy: US$150 billion in global upstream opportunities ahead as shale consolidation slows down
According to Rystad Energy, upstream merger and acquisition (M&A) activity is expected to slow significantly in 2025 following two years…
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