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Barclays cuts 2025, 2026 Brent crude forecast as OPEC+ accelerates output hikes

BOE Report

Barclays lowered its Brent oil price forecast by $4 per barrel to $66/bbl for 2025 and by $2 to $60/bbl for 2026, citing the decision by OPEC+ to accelerate oil production hikes.

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Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

Bcf/d by 2026. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Conclusion: Austin Chalks Gas Revival is Here What started as a secondary zone is fast becoming South Texas primary growth driver for natural gas. billion cubic feet per day (Bcf/d) in 2024 to 7.0

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U.S. Upstream Leads ExxonMobil’s 2025 Strategy — Powered by “Advantaged” Projects

Oil Gas Leads

As the company leans into this strategy through 2030, these 10 projects are expected to add $3+ billion in annual earnings by 2026 , reinforcing why advantaged isnt just a buzzword its a blueprint. In ExxonMobil’s framework, a project is “advantaged” if it offers: Low breakeven economics (i.e.,

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Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

Bcf/d by 2026. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Conclusion: Austin Chalks Gas Revival is Here What started as a secondary zone is fast becoming South Texas primary growth driver for natural gas. billion cubic feet per day (Bcf/d) in 2024 to 7.0

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Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?

Rextag

MMBbl/d, maintaining stable levels through 2026. Haynesville (Louisiana & East Texas) LNGs Key Driver 2023-2024 Overview Unlike the Permian Basin, which primarily drives crude oil growth, Haynesville is the primary engine behind U.S. Global Oil Demand Growth (2025-2026): 2025: Expected to grow by 1.3 LNG export expansion.

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