Monday, December 15, 2025

Oil Prices Rise Ahead of OPEC Compliance Meeting

Oil prices move higher as markets expect high levels of compliance among OPEC and non-OPEC members Oil prices were up over $1 per barrel Friday as markets felt hopeful that OPEC and non-OPEC members taking part in production cuts were complying with their agreement. A committee designed to monitor oil-producer compliance with the cuts is scheduled to meet this weekend.

Big Oil back on the acquisition trail as outlook brightens

From Reuters: The world’s top oil companies are back in acquisition mode, targeting smaller exploration and development firms to boost oil and gas reserves rather than the mega-mergers that followed previous slumps in crude prices. Since late November, major oil companies have announced 11 deals worth more than $500 million each with a combined value of $31 billion, the clearest

LNG Traders Netting $1 Million per Cargo from U.S. To Asia

From Reuters: U.S. liquefied natural gas exporters are sending tankers to Asia to fill a gap in the region’s demand as markets have tightened more-than-expected on surging consumption in China and Pakistan, and because of Australia’s struggles to ramp up production. Benefiting from the Panama Canal expansion last year that allows bigger ships to cross from the Gulf of Mexico