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RYSTAD ENERGY
OPEC+ agrees September oil hike, completing rollback of voluntary cutsOPEC+ approved an oil production increase of 188,000 barrels daily for September. This move completes the unwinding of voluntary output cut...- OPEC+ tipped to raise oil output as Middle East war disrupts suppliesOPEC+ members are expected to increase oil production quotas for September. This move follows several months of similar production adjustme...
- China's oil imports have plunged during the Iran war. How much will they recover?China's oil imports have significantly decreased since April. This reduction has kept global prices stable and freed up supply. Analysts ar...
- How Europe is keeping planes flying despite jet fuel risksEurope faces significant jet fuel supply risks due to Middle East tensions. The region imports heavily and has limited reserves for disrupt...
- Oil tanker traffic through Hormuz at near standstill as attacks strain Iran truceOil tanker traffic through the Strait of Hormuz has nearly stopped. U.S. airstrikes on Iran triggered retaliation, escalating shipping risk...
- OPEC+ tipped to raise quotas again as Middle East calmsSeven OPEC+ nations, including Saudi Arabia and Russia, are poised to increase oil production quotas for August, aiming to recover from dis...
- Saudi Aramco resumes oil loading at Ras Tanura after four-month halt, data showsSaudi Aramco has restarted oil loading at its Ras Tanura terminal after a four-month pause, with two massive crude carriers seen taking on ...
- Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...
- Middle East oil and gas output will take months to fully recoverA landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...
- OPEC+ increases production quotas for JulyOPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...
- As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...
- Middle East war damage to energy assets may cost up to $58 billion, research firm Rystad saysThis estimate has doubled in three weeks, highlighting widespread damage before an April 8 ceasefire. Repair work will redirect existing ca...
- Japan could be energy-independent by 2060 thanks to renewables: Rystad Energy CEOJapan imports most of its energy resources, with the Middle East, Australia and the United States being its top suppliers. The government's...
- China's solar capacity expected to hit 1,000 GW by 2026: Rystad EnergyBeijing had set a goal of boosting the country's installed capacity of wind and solar power to more than 1,200 GW by 2030. China had instal...
- Peak fossil fuel doesn’t mean climate change is solvedIt’s certainly sounding that way. Emissions from fossil fuels — the key driver of global warming since the dawn of the industrial era — are...
- What's the fallout from Ukraine's pipe shutdown?The pipeline handles around a third of Russian gas heading to Europe. The Ukrainian operator said the gas flows could be made up through an...
- Electric vehicles may cut global refining capacity demand by half in 2050: RystadMukesh Sahdev, senior vice president and head of downstream at Rystad Energy said electric vehicles will cut global consumption of gasoline...
- Oil little changed as investors await OPEC+ decisionBrent crude futures for March rose 8 cents, or 0.2%, to $51.17 a barrel by 0206 GMT, while U.S. West Texas Intermediate crude for February ...
- India a bright spot in the gloomy global energy industry: Jon Fredrick Muller"India is a bright spot in the gloomy global energy industry with oil giant ONGC taking a lead in upstream activities amidst the depressed ...
- Offshore oil output to plunge as producers scrap field upgradesGlobal offshore oil production in ageing fields will fall by 10 percent next year as producers abandon field upgrades at the fastest rate i...
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