Economics ❯ Energy Economics

Oil Market

Supply and Demand Price Fluctuations Supply Chain Oil Prices Fuel Prices Production Capacity Production Levels Price Volatility Venezuelan Economy Supply Disruptions

Japan Starts Releasing State Oil Reserves to Steady Fuel Supplies

Tokyo asks the IEA to prepare a further coordinated draw.

EU Postpones Plan to Cement Russian Oil Ban Into Law

U.S. Awards First SPR Loans of 45.2 Million Barrels to Cool Oil Price Surge

UN Climate Chief Warns Fossil Fuel Dependence Erodes Security, Presses for Rapid Renewable Shift

Trump Draws Ridicule for Claiming Bomb Victims ‘Who Died’ Are ‘Walking Around’ Without Limbs

U.S. Opens Limited Channel for Fuel Sales to Cuba’s Private Sector

Iran Accelerates Kharg Island Oil Loadings as U.S. Military Buildup Intensifies

Argentina Sets January Oil Output Record as Vaca Muerta Reaches 68%

Trump Touts 80 Million Venezuelan Barrels, 600,000-Barrel U.S. Output Rise in State of the Union

Chevron Signs Framework to Negotiate West Qurna 2 Development in Iraq

Hungary and Slovakia Halt Diesel to Ukraine as Druzhba Outage Deepens Energy Rift

Hungary, Slovakia Seek Croatian Route as Druzhba Oil to Their Refineries Remains Stalled

New Simulation Projects Baltic-Wide Damage From Russian 'Shadow Fleet' Tanker Spill

U.S. Issues New Venezuela Oil Licenses, Expanding Upstream Work Under Tight Conditions

OPEC Projects Q2 Drop in Demand for OPEC+ Crude as January Output Falls

U.S. Issues New OFAC Licenses Easing Venezuela Oil Sanctions Under Tight Oversight

India Has 74 Days of Oil Cover, Minister Tells Parliament

TotalEnergies, Petrobras Sign Deals for Matching 42.5% Stakes in Namibia’s PEL 104 With TotalEnergies as Operator

Venezuela Enacts Oil Law Opening Sector to Private and Foreign Investors as U.S. Eases Sanctions

ONGC Seals Petronet Regas Deal and Reliance Deepwater Pact to Strengthen India’s Gas Chain