Oil prices fell to their lowest levels in the week on Monday, as markets digest OPEC+decision to implement a significant increase in the output in September.
American oil specialties prevail in Supreme, where all competitors lose the edge of the market
– American oil specialties Exxonmobil and Chevron are increasingly advancing on their European peers, with both companies Reporting The highest production ever in the second quarter of 2025, at 4.63 million BOE/D and 3.4 million BOE/D companies, respectively. – In a blatant contradiction with our peers, the production of Shell opinion An annual decrease of 4.2 % to 2.65 million barrels while BP Cloudy 3.3 % for last year to 2.3 million banks in England/D, leaving the two French groups as the only large European oil company that sees higher hydrocarbons production. – Moreover, Exxonmobil has succeeded in enhancing pressure from active investors such as Elliott Investment Management, while the company itself presses BP to strip $ 20 billion and reduce debt to 14-18 billion dollars by 2027 (compared to $ 26 billion now). – Saudi Aramco is getting worse than European oil specialties, loss 14 % of the stock value since the beginning of the year, as investors have noticed low profits payments in 2025 and higher debt requirements to meet the country’s financial tie price of $ 92.3 for the country.
Market engine
– The National Oil Company in the Kingdom of Saudi Arabia Saudi Aramco (Tadawul: 2222) recorded a decrease of 22 % in its net profit in the second quarter to 22.7 billion dollars, with a decrease in the average price of crude oil to $ 66.7 a barrel, a decrease of $ 76.3 a barrel in the first quarter. – The United States is in the middle of the road MPLX (NYSE: MPLX) Agreed To buy Northwind Midstream for $ 2.38 billion in cash to expand the sour gas treatment portfolio across the Permian Basin, in anticipation of more production coming from New Mexico. The leading energy company in India Accreditation industries (NSE: Rellence) Firing JV with oil in the United Kingdom BP (NYSE: BP) and the country run by the state to explore the GS-2022/2 bloc abroad, which increases the exposure of the Indian BP. – American oil specialization Exxonmobil (NYSE: XOM) A memorandum of understanding signed with the government oil company in Libya to conduct geological studies in four external masses, which represents Exxon’s return to the country after the full withdrawal in 2013.
Tuesday, 05 August, 2025
In a surprising step, the relationship of the United States and India’s trading has become the main point of talking this week, as the Indian government has pledged to protect its economic interests and calls on Trump’s threats to be “unjustified.” The Indian reaction weakened fears that Russian oil supplies may witness an immediate impact on August 8, adding some negative pressure on oil prices as the OPEC+ announcement for the month of September has already paid to $ 68 a barrel.
OPEC+ scraps all voluntary discounts. OPEC+ countries Agreed To raise the September production by 547,000 barrels/D, on the occasion of a complete urgent reverse from the voluntary discounts of 2.2 million b/d from the oil group, noting the strong summer demand and low raw crude stocks worldwide as major reasons for relaxation. BP’s giant BP is enhancing morale. BP Major BP (Nyse: BP) mentioned find out The super oil and gas field in Brazil, reaches more than 500 meters net net wages while exploring its well in the Santos basin abroad, and perhaps its biggest discovery in 25 years.
The return of Chevron Venezuela will be fast. Chevron in the United States of America (NYSE: CVX) expects that its Venezuelan oil exports will resume in August, which represents an extraordinary rapid shift in the wake of the US Treasury’s concession, even if Chevron expected a gradual return to produce 250,000B/d.
There is no rare land for defense companies. According to For WSJ, the Chinese authorities have restricted the flow of rare ground minerals to Western defense manufacturers, as new control measures such as claiming potential buyers to submit pictures of the production line as evidence of their civil use. Ukraine hits Russian hairdressers. Ukrainian drone attacks targeted the descriptions of Russia Novocochivsk and Razan, both of which were managed by Rosneft, the director of the government state, which led to the suspension of the previous one with the damaged CDU-11 refining unit in most of the capacity of the factory of 160,000 barrels/d.
Panama clamps on old tankers. Panama stopped acceptance Oil tanks over the age of 15 years in their naval record seek to improve transparency amid the flow of shade fleet tankers on its books, which makes the American nation the largest knowledge of the shadow fleet.
Azerbaijan stumbles with contaminated oil. Turkish port of Saihan Declare The force majeure on its exports of Azerbaiji ore, claiming that it is “financially influenced” with organic chlorine pollution in the Baku Tymple-Sihan pipeline and its storage tanks, is unable to download oil on the specifications. Treenidad closes in Mega a deal with Exxon. As we mentioned earlier, the Treenadad and Tobago government Agreed To give us the American pioneer Exxonmobil (NYSE: XOM) with seven deep water offs away off the eastern coast of the Caribbean nation, adjacent to the Stabroek block in Exxon in Guyana.
Heatwaves retracted Asian charcoal imports. Asian meat imports transferred to the walls rose To 70.7 million tons in July, an increase of 12 % by 12 % compared to June, as countries in northeastern the hole, such as Japan, South Korea and Taiwan, raised the purchases to renew the stocks.
Mexico wants to let Pemex free. Mexican President Claudia Shinbom said that it will seek to the country’s national oil company’s breakthrough from government support from 2027 ascending, with the aim of raising the company’s debts to 77 billion dollars by 2030, a decrease from 99 billion dollars from the end of June 2025. China comes out copper as if there was no tomorrow. China production refine Copper is scheduled to reach the highest level in 2025, when analysts expect another 10 % annual growth rate although domestic demand rises by only 4 %, as the country’s share of global production increased to 57 %.
Japanese energy prices are out of control. Electricity prices in Japan in the exchange of electric energy in Japan rose to a record level of 16.9 kW per hour ($ 0.11/kilowatts of an hour) this week, as the sharp power network in Japan barely led a week after an earthquake last week for temporarily importing energy.
Oil stealing campaign enhances oil output in Nigeria. NUPRC oil regulator splurge The production of the raw and condensed country in the African country exceeded 1.8 million barrels in July, which may make it in the first month since April 2020 to see this production after a large -scale campaign to steal oil and sabotage.
