Decoding Crude Oil Benchmarks (Brent, WTI, Dubai): What Price Spreads Reveal About Market Fundamentals
By Francis Sheku Fobbie –
CEO/Director: Global Energy & Petroleum Brokers – July 2025 Article
“As a refinery owner or a sales leader in this industry, you live and breathe crude oil prices. But simply knowing the daily price of Brent or WTI isn’t enough. The real insights, the ones that matter for your margins and strategic moves, are hidden in the differences between these prices – the spreads.”

These spreads aren’t random. They’re like a live, unfiltered report from the global oil market. They tell you about supply and demand, logistics, geopolitical shifts, and even the immediate mood of the trading floor. Ignoring them is like driving blind. See more for details
The Rise of Non-OPEC Supply (US Shale, Guyana, Brazil): Opportunities & Challenges for Refiners
By Francis Sheku Fobbie – CEO, Global Energy and Petroleum Brokers Limited
Introduction
The global petroleum industry is evolving rapidly and experiencing a transformative shift, driven by the swift increase in non-OPEC supply from regions such as the U.S. shale, Guyana, and Brazil. This rise in production is reshaping market dynamics, offering both unprecedented opportunities and complex challenges for refinery owners, sales directors, and decision-makers. As non-OPEC+ countries are expected to lead global oil supply growth in 2025 and 2026, refiners must adapt. strategically to capitalise on these trends while navigating potential risks. More crude’s coming from these regions, and it’s creating new possibilities for refiners—but it’s not all smooth sailing. Let’s break down what’s happening, why it matters, and what you need to watch out for.
A New Era of Non-OPEC Dominance
Non-OPEC+ supply is expected to grow significantly, with the U.S., Guyana, and Brazil at the forefront. The U.S. shale sector, particularly in the Permian Basin, continues to drive output, with forecasts estimating U.S. production at 13.34 million barrels per day (b/d) in 2025. Guyana’s offshore fields are projected to produce 1.2 million b/d, while Brazil’s deepwater fields contribute around 3 million b/d, collectively challenging OPEC’s market share. Combined, these regions have added approximately 6 million b/d to global supply in recent years, a trend expected to continue with non-OPEC liquids supply growing by 1.3 million b/d in 2025...see more :
Global Energy and Petroleum Brokerage Services
Our Mission and Goals
OUR MISSION:
- Tailor strategic solutions for suppliers and buyers
- Foster long-term business relationships throughout the value chain
OUR GOALS:
- We operate within a network of industry professionals, including direct buyers, sellers, and mandates, to effectively match supply with demand.
- Focus on transparency, accountability, and compliance with standard trading procedures to ensure smooth operations.
- Our approach is based on verified procedures and industry best practices, which facilitate streamlined negotiations and closing processes.
- Create real value and foster long-term business relationships throughout the value chain in the best interest of all involved.
Navigating Crude Quality Differentials: Maximising Refinery Yields in a Volatile Market
In today’s fast-moving oil market, not all crude oil is the same. Some types are light and sweet. Others are heavy and sour. The difference between them is called the crude quality differential, and it can make or break a refinery’s bottom line.
In today’s fast-moving oil market, not all crude oil is the same. Some types are light and sweet. Others are heavy and sour. The difference between them is called the crude quality differential, and it can make or break a refinery’s bottom line.
But here’s the good news: with the right strategy and the help of a knowledgeable commodity broker, refineries can make smart buying decisions, keep operations smooth, and boost their profits—even when the market is up and down…see our blog post for more analysis.