Economics ❯ Market Dynamics

Oil Prices

Supply and Demand Supply Chain Consumer Impact Inflation Geopolitical Impact Consumer Behavior Crude Oil Brent Crude Supply Chain Issues Fuel Costs

Iran Restarts Large-Scale Crude Loadings at Kharg Island

An interim US–Iran agreement reopened the Strait of Hormuz, allowing tankers to resume exports.

U.S. Rewrites Venezuela Licenses to Allow Limited Oil and Mining Deals

United States Becomes World’s Top Oil Exporter

Markets' Expectation That Trump Will Back Down Is Soothing Oil Prices, Analysts Say

Bitmine Ramps Up Ethereum Buying on Price Dip, Holdings Reach 5.28 Million ETH

U.S. Grants Third Short-Term Waiver for Russian Oil as India Vows to Keep Buying

Mexico Raises Gasoline Tax Relief, Trims Diesel Support for May 16–22

Kemp Extends Georgia Gas Tax Suspension Through June 2 With Price‑Gouging Ban

Vista Boosts Investment and Production Targets After Equinor Deal

Aramco Posts Record Q1 Profit as Hormuz Turmoil Sends Oil Higher

Gas Near $4.50 as Iran War Squeezes Households, Erodes Trump Support

Idemitsu Buys Sakhalin Crude to Steady Japan’s Fuel Supply

Shell Q1 Profit Jumps on Gulf Supply Shock as Dividend Rises and Buybacks Are Cut

Record U.S. Oil Exports Can’t Offset Growing Shortages of Refined Fuels

Government Rules Out Relief for State Oil Retailers as Losses Mount

ADNOC Sets $55 Billion in 2026–2028 Contracts After UAE Exits OPEC

France Presses Fuel Sellers to Cut Prices as €50 Aid Opens This Month

UAE Quits OPEC as OPEC+ Approves Small Output Hike Hobbled by Hormuz

Spirit Airlines Ceases Flights, Begins Orderly Wind-Down

OPEC+ Lifts June Oil Output After UAE Quits OPEC