Category
Upstream
3 publications
- OPEC+ Extends 2.2 Million bpd Voluntary Cuts Through End of 2026, Tightening Global Supply
OPEC+ has prolonged its voluntary production cuts of 2.2 million barrels per day through December 2026, a move with direct implications for Canadian heavy crude pricing and export economics.
- Permian Basin Productivity Surge: Record Output Defies Falling Rig Count in 2026
US Permian production has hit fresh records above 6.5 million bpd even as active rigs decline, reshaping North American supply dynamics and competitive pressure on Canadian crude.
- Petrobras Surpasses 2.5 Million bpd from Brazil's Pre-Salt, Cementing Atlantic Supply Role
Brazil's pre-salt basin has crossed 2.5 million bpd in production under Petrobras, reinforcing the country's status as a top-five global oil exporter and a key supplier to Atlantic basin refiners.