A closer look at broader Declaration of Cooperation data shows that four out of the nine fastest-growing OPEC+ producers this year are not participating in headline-grabbing hikes.
ERCOT’s hourly fuel mix shows the transition to peak wind shoulder season is well underway, with average 24-hour wind generation in the first half of October up 29% from the final fourteen days of September.
The NOAA’s Oct 9 ENSO Diagnostic Discussion determined that La Niña conditions are present and favored to persist through December 2025 - February 2026, with a transition to ENSO-neutral likely in January-March 2026 (55% chance).
Global floating crude stocks rose about 6.8 mmb (+9.0%) over the past month (Sep 7 to Oct 5, 2025), led by sharp builds in the Middle East and the North Sea, partially offset by draws in Europe and West Africa.
The U.S. installed nearly 4.6 times more solar capacity than gas-fired generation through the first eight months of 2025. The EIA’s latest Form 860 data suggests this trend will continue, with solar additions expected to exceed gas by 4.2 times by the start of 2026.
A closer look at fund managers' energy market futures and options positioning
This week, Poland and Portugal became the European Union’s first member states to fill their underground gas storage caverns to 100% of capacity ahead of winter 2025-2026.
Guyana’s average daily crude production grew 38.3 kb/d to a new record of 702 kb/d in August, driven by the first barrels of Golden Arrowhead
Rates for Very Large Crude Carriers (VLCCs) from the Mid-East Gulf to China jumped over 18% W/W and 56% M/M to hit their highest in over two years this week, while rates for US Gulf-Asia (TD22) surpassed those gains to hit their highest since Nov 2022.
Global floating crude stocks fell nearly 6 MMb last week to 67.96 MMb—approximately 17.5% below the 2016-2024 seasonally-adjusted average but 6.7 MMb above the same point last year.
