Oil Industry

Refineries Crude Oil Oil Prices Crude Oil Prices Oil Transportation Refining Venezuelan Oil Oil Exports Market Trends Oil Production

EIA Raises 2027 Gas and Diesel Forecasts as U.S. Pump Prices Slip Below $4

The agency cites persistent supply constraints and recent crude gains that could keep fuel costs elevated through 2027.

Jet Fuel Spike Forces Airlines to Trade Full Planes for Much Higher Fares

Pentagon Quietly Secures 35% Stake in Venezuelan Oil Firm Through Penny Warrants

U.S. Removes Jorge Rodríguez From Sanctions List

Iran's IRGC Says Tanker Exploded After Hitting Mine in Strait of Hormuz

UAE National Guard Rescues 22 Crew After Tanker Fire in Arabian Gulf

Houthi Strikes Kill Three at Saudi Airports and Disrupt Flights

Iraq Devalues Dinar and Introduces Tiered Official Rates as Market Rate Jumps

Yemeni Government Launches Nationwide Offensive as Saudi Coalition Joins Air Campaign

Trump Says Zelenskyy Agreed To Ease Refinery Strikes

Pemex Launches Cleanup After Dark Discharge Seen in Río Pánuco

Drone Strike Reported at Ilsky Oil Refinery in Russia's Krasnodar Krai

Germany Cuts Fuel Excise by €0.17, Likely to Draw Dutch Drivers Across the Border

Delhi High Court Orders SAP India to Restore Nayara’s Software Support

Oil Falls as Hopes Grow for US‑Iran Talks and Saudi Supply Recovery

Iran’s GDP Falls 10.1% as War and Sanctions Devastate Oil Sector

Petrobras Confirms Petroleum at Morpho Well in Brazil’s Margem Equatorial

Houthi Group Says It Struck Riyadh and Yanbu as Smoke Rises Near Riyadh Airport

Houthis Reach Riyadh and Hit Aramco Tank Near Airport as Campaign Escalates

Iranian Forces Detain Togo-Flagged Tanker After Fire in Strait of Hormuz