Business ❯Energy Sector

Oil Industry

Market Analysis Market Trends Refining Production Strategies Production Levels Market Dynamics Supply Chain Production Trends Pricing Strategies Refinery Operations

Oil Supply to Outpace Demand in 2025 Despite Summer Tightness

Despite forecasts of an approaching surplus, refinery runs for peak summer demand underpin current prices

Global Oil Prices Stabilize Following U.S. Tariffs and OPEC Demand Downgrade

OPEC+ Accelerates August Supply Increase to 548,000 bpd as Oil Prices Hold in High-$60s

OPEC+ Approves Unprecedented 548,000 BPD August Output Hike

Oil Holds Ground as Traders Brace for Fourth OPEC+ Supply Increase

OPEC+ Set to Greenlight Fourth Straight Output Hike at July Meeting

U.S. Summer Gas Prices Hold at Four-Year Low

US Oil Firms Lock in Record Hedges as Prices Stabilize After Israel–Iran Strikes

IEA Forecasts Peak Oil Demand by 2029 as Capacity Growth Outpaces Consumption

EU to Cut Russian Oil Price Cap to $45 as Russia Downplays Impact

Oil prices slip as OPEC+ output climbs and U.S. fuel stocks surge

Trump Administration Proposes Rescinding 2024 Drilling Limits on 13 Million Alaska Reserve Acres

Oil India Begins Gas Production in Rajasthan’s Bakhritibba Field

U.S. Average Gas Price Falls to Four-Year Low at $3.14

Supreme Court limits NEPA reviews, greenlights Uinta Basin Railway

Oil Tumbles after U.S. Tariffs Return and OPEC+ Eyes Bigger July Production Increase

Oil Prices Rise After U.S. Court Blocks Trump Tariffs and OPEC+ Plans July Output Increase

Chevron’s Venezuela Oil License to Expire as U.S. Plans Limited Waiver

Canada's Energy Minister Pledges Faster Approvals and Market Diversification

Oil Prices Slip as U.S. Stock Builds and OPEC+ Output Talks Weigh on Market