Oil

US Oil and Gas Rig Count Steady at 539, Baker Hughes Reports
Conventional Fuels US Oil and Gas Rig Count Steady at 539, Baker Hughes Reports

What does a single number—539—reveal about the heartbeat of America’s energy sector? It’s not just a tally of oil and gas rigs; it’s a snapshot of an industry navigating volatile markets, shifting priorities, and the push for sustainability. As of this week in 2025, Baker Hughes reports that the

Can Exxon Return to Russia's Sakhalin-1 Amid Sanctions?
Conventional Fuels Can Exxon Return to Russia's Sakhalin-1 Amid Sanctions?

What happens when a geopolitical chessboard shifts under the weight of a single signature, potentially unlocking billions in energy riches in one of the world’s most contentious regions? On August 15, Russian President Vladimir Putin signed a decree that could allow Exxon Mobil to reclaim its stake

How Will Trump-Zelenskiy Meeting Impact Oil Prices?
Conventional Fuels How Will Trump-Zelenskiy Meeting Impact Oil Prices?

What if a single handshake in Washington could alter the cost of filling up your gas tank halfway across the world? Picture a tense room where two leaders, U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy, sit down to tackle Europe’s most devastating conflict in decades. This

Will U.S. Crude Oil Production Peak in 2025 Before a Fall?
Conventional Fuels Will U.S. Crude Oil Production Peak in 2025 Before a Fall?

Setting the Stage: A Pivotal Moment for U.S. Energy Markets In the heart of 2025, the U.S. energy sector stands at a historic peak, with crude oil production reaching an unprecedented 13.41 million barrels per day (bpd), marking a triumph of technological innovation and operational efficiency. Yet,

How Will OPEC's 2026 Oil Demand Forecast Impact Markets?
Conventional Fuels How Will OPEC's 2026 Oil Demand Forecast Impact Markets?

What happens when a single forecast can tilt the balance of global energy markets? Picture a world where oil demand surges beyond expectations, supply tightens unexpectedly, and major players scramble to adjust their strategies. This is the scenario unfolding as OPEC unveils its 2026 oil demand

How Are Middle East and Asia Transforming Global Refining?
Energy Management How Are Middle East and Asia Transforming Global Refining?

Setting the Stage: A Refining Industry at a Crossroads The global refining sector is undergoing a profound transformation, with capacity soaring to unprecedented levels despite a shrinking number of facilities worldwide. As of 2025, primary refining capacity has climbed by a staggering 15% over the

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