Nilanjan Choudhury

1 week ago | sg.finance.yahoo.com | Nilanjan Choudhury

The latest monthly report from OPEC shows that the cartel has revised its global oil demand growth forecast for 2025 downward for the first time since December, now projecting an increase of 1.3 million barrels per day (bpd) — 150,000 bpd less than previous estimates. The revision stems largely from slower-than-expected consumption and new U.S. tariffs that have rattled trade dynamics and economic sentiment globally.

2 weeks ago | sg.finance.yahoo.com | Nilanjan Choudhury

It was a week when both oil and natural gas prices logged steep losses. The headlines revolved around supermajor ExxonMobil XOM and Shell’s SHEL Q1 earnings updates. Developments associated with RPC Inc. RES, Equinor ASA EQNR and Matador Resources Company MTDR also grabbed attention. Overall, it was a catastrophic seven-day period for the sector.

2 weeks ago | sg.finance.yahoo.com | Nilanjan Choudhury

Nilanjan Choudhury Fri, 4 Apr 2025, 8:53 am 7 min read In this article: The Zacks Oil and Gas - Exploration and Production - International industry is navigating a challenging macro environment. Escalating trade tensions, driven by sweeping U.S. tariffs, are clouding the demand outlook by threatening global economic growth. Meanwhile, OPEC+ is ramping up production faster than expected, raising oversupply concerns just as Brent crude struggles to hold recent gains.

3 weeks ago | sg.finance.yahoo.com | Nilanjan Choudhury

Nilanjan Choudhury Thu, 3 Apr 2025, 8:38 am 6 min read In this article: It was a week when both oil and natural gas prices logged gains. The headlines revolved around European integrated energy company BP plc’s BP green signal to the Ginger gas project in Trinidad and Tobago, and Brazil-based Petrobras’ PBR hydrocarbon discovery in the Campos Basin. Developments associated with Excelerate Energy EE and TechnipFMC plc FTI also grabbed attention.

3 weeks ago | yahoo.com | Nilanjan Choudhury

The Permian Basin continues to be the heartbeat of the U.S. oil industry, driving growth and efficiency across the sector. With steady production gains, technological advancements and strategic positioning near Gulf Coast refineries, the region remains a crucial pillar of energy security.