Economics ❯ Energy Economics ❯ Oil Prices

Market Dynamics

Supply and Demand Supply Chain Issues Investment Risks Supply Chain Consumer Impact Supply Chain Disruptions Production Costs Investment Opportunities Consumer Interests U.S. Gas Prices

U.S. Strategic Petroleum Reserve Falls to Lowest Level Since 1983

The drop has raised technical and cost concerns because salt‑cavern storage is harder to repair and refill when inventories are thin.

Germany Debates Extending Fuel Tax Cut Before June Deadline

Asia Rushes for Russian Oil After U.S. Waiver as Supplies Tighten

Venezuela Advances Mining Overhaul as U.S. Confirms $100 Million Gold Transfer and Clears Limited Deals With Minerven

Orbán Urges EU To Lift Russia Energy Sanctions as Slovakia Threatens Veto Over Druzhba Dispute

U.S. Courts Oil Firms to Jump-Start Venezuelan Output as SLB, Halliburton Signal Readiness

Energy Department Awards Contracts to Buy 1 Million Barrels for Strategic Petroleum Reserve

Trump Administration Grants Chevron Six-Month License to Restart Venezuela Oil Operations

OPEC Projects Demand to Top 120 Million Barrels Daily by 2050, Criticizes IEA Flip-Flops