Business ❯ Energy

Oil Market

Crude Oil Prices Price Fluctuations Oil Prices Supply and Demand Supply Chain OPEC+ Pricing Futures Trading Price Trends Crude Oil

Japan Weighs Extra 20-Day Oil Stock Release in May

Unclear tanker access through the Strait of Hormuz keeps supply risks high.

Turkey and Iraq Warn Against Opening Kurdish Front in War With Iran

IMF Warns Middle East Conflict Could Lift Inflation and Slow Global Growth

Kamal Haasan Rebukes Trump as U.S. Grants 30-Day Waiver on Russian Oil for India

OPEC+ Weighs Larger-Than-Planned Output Increase After Strikes on Iran

South Africa Cuts Petrol by 65c/L and Diesel by Up to 57c From Wednesday

OPEC+ Keeps March Quotas Unchanged as Compensation Cuts Trim February Allowance

Argentina Sets Oil Output Record in December as Energy Surplus Swells

Germany Switches to Auction-Based CO₂ Pricing With 55–65 €/Tonne Corridor in 2026

Trump Orders Full Blockade of Sanctioned Oil Tankers To and From Venezuela

U.S. Gas Average Dips Below $3 for First Time Since 2021

Sanctions Choke Russia’s Oil Flows as China Cuts Buying and Floating Storage Swells

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

WTI Falls Below $60 as Brent Drops Under $64 for First Time Since Early June

Putin Warns of $100 Oil if Russian Crude Is Sidelined as U.S. Pressure Mounts on India

Oil Heads for Biggest Weekly Gain in Three Months as Russia Curbs Fuel Exports

Oil Gains as Ukraine Drone Strikes Raise Supply Risks, Fed Decision Looms

Oil Rises as U.S. Pressures India Over Russian Crude and Peace-Talk Prospects Shift

Oil Prices Slip on U.S. Inventory Surge and Uncertainty Over Trump Tariffs

Oil Holds Near $69 on Russia Sanctions Uncertainty and Production Dispute