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Kazakhstan may beat its oil output forecast by 2% in 2025, Reuters data shows

01/07/2025

Kazakhstan may exceed its previous oil production forecast by around 2% this year following an upgrade to output at its

New uncertainties lie ahead for oil markets

01/07/2025

Amid geopolitical tensions and heightened uncertainty over global economic prospects, oil markets are undergoing significant changes as the key drivers of supply and demand growth of the past 15 years start to ease, according to the latest edition of our

U.S. refining capacity largely unchanged as of January 2025

01/07/2025

According to our latest annual Refinery Capacity Report, U.S. operable atmospheric distillation capacity, the primary measure of refinery capacity, totaled 18.4 million barrels per calendar day (b/cd) on January 1, 2025—essentially flat compared with last year.

We publish two measures of

Asia Distillates: Month-end trading momentum slow; traders eye Aug refiner sales soon

01/07/2025

Asia’s middle distillates’ market activity was mostly muted amid slow trading momentum on the last trading day of June as

Middle East Crude-Benchmarks increase; post monthly gains on supply tensions

01/07/2025

Middle East crude benchmarks Oman, Dubai and Murban moved upwards on Monday and posted gains on monthly basis as the

Oil discovery in the Johan Castberg area in the Barents Sea

01/07/2025

Equinor has struck oil in exploration well 7720/7-DD-1H, Drivis Tubåen, on the Johan Castberg field in the Barents Sea.

The well

Naphtha margin rises, backwardation steady

01/07/2025

Asia’s naphtha refining profit margin gained some ground on Monday after crude oil benchmarks weakened and hopes of a rise

Oil prices steady on easing Middle East risks

30/06/2025

Oil prices held steady on Monday as Middle East risks eased while a possible OPEC+ output increase in August and

Options markets see oil price contained for rest of 2025

30/06/2025

Oil prices have been steadier for the past couple of days back below $70 a barrel, and traders in options

Israel-Iran war highlights Mideast’s declining influence on oil prices

30/06/2025

The contained move in oil prices during the Israel-Iran war highlights the increasing efficiency of energy markets and fundamental changes

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