Category
Upstream
3 publications
- OPEC+ Extends 2.2 Million bpd Voluntary Cuts Through 2026: What It Means for British Refiners
The cartel's decision to prolong 2.2 million bpd of voluntary cuts through December 2026 tightens Brent supply, lifting concerns over North Sea pricing and UK refinery margins.
- Permian Basin Productivity Surge: Record Output Despite Plunging Rig Count Reshapes Atlantic Trade
Record Permian output of 6.6 million bpd with fewer rigs is redirecting WTI cargoes towards European refiners, with significant implications for North Sea benchmarks and UK importers.
- Petrobras Crosses 2.5 Million bpd From Pre-Salt: A New Heavyweight in the Atlantic Basin
Brazil's pre-salt fields have surpassed 2.5 million bpd, cementing Petrobras as a strategic supplier for European refiners and challenging North Sea grades in UK ports.