Economics ❯ Energy

Oil Market

Price Fluctuations Oil Prices Supply and Demand Crude Oil Prices Supply Chain Fuel Prices Sanctions Impact Global Trade Strait of Hormuz Price Regulation

China Taps Oil Stocks to Curb Iran-War Price Shock

China’s drawdown of commercial crude stocks has restrained a wider global price surge.

EU Weighs Temporary Freeze on Russian Oil Price Cap

Iran Tightens Grip on Hormuz With Controlled Ship Passages

U.S. Will Not Renew Waivers for Russian and Iranian Oil at Sea

Italy’s Diesel Prices Edge Down After Government Pressure

Putin Envoy Meets Trump Officials Ahead of Russian Oil Waiver Decision

Dangote Prioritizes Nigerian Fuel Supply as Global Shock Drives Prices Higher

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

UAE Sets Lower February Fuel Prices Tied to Global Oil

South Africa Cuts Petrol and Diesel Prices From 7 January as LPG Rises

Analysts See Ruble Upswing Ending as Urals Slump Hits Budget

Oil Falls to Lowest Since 2021 on Ukraine Peace Optimism, Then Rebounds After U.S. Venezuela Blockade

Japan Gasoline Averages ¥159.7 Per Liter, Lowest Since September 2021

Sanctions Reshape Oil Trade as Tanker Rates Hit Five-Year Highs and India Cuts Russian Crude

Pakistan Expected To Raise Diesel By Rs9.60 From Nov. 16, With Petrol Seen Slightly Lower

Oil Falls After OPEC Signals Lasting Surplus and Stronger Non‑OPEC Supply

Oil Extends Slide After Aramco Cut and Surprise U.S. Inventory Build

OPEC+ Lifts December Oil Caps by 137,000 B/D, Pauses Further Increases in Q1 2026

India–US Trade Pact Nears First Tranche as Indian Envoy Rallies Support on Energy and Defense

IEA Flags Larger 2026 Oil Glut as Forecast Gap With OPEC Widens