Business ❯ Energy Sector

Oil Market

Price Fluctuations Supply Chain Supply Chain Issues Price Trends Production Quotas Market Dynamics Brent Crude Imports Crude Oil Supply and Demand

Memorial Day Gas Prices Near Records as Iran War Upends Energy Markets

A $4.48 national average forecast underscores rising costs despite White House emergency steps.

OPEC+ Lifts June Oil Output After UAE Quits OPEC

Oil Spikes on Reports of Prolonged U.S. Blockade of Iran

U.S. Moves to Direct Venezuelan Oil as PDVSA Negotiates Sales

OPEC+ Poised to Hold Output Steady in Early 2026, Set to Approve Capacity Audit

Sanctions Loom, Russian Oil Loses Buyers as Bulgaria Assumes Control of Lukoil’s Burgas Refinery

U.S. Seeks 1 Million Barrels to Start Refilling Strategic Oil Reserve

U.S. Trade Chief Sees India Starting to Diversify Away From Russian Oil

OPEC+ Lifts November Quotas by 137,000 Barrels a Day

California Passes Bill to Ease Oil Drilling as Experts Split on Pump-Price Impact

EU Targets Nayara Energy in First Sanctions on Indian Oil Actor

U.S. Shale Oil Production Declines as Industry Hits Critical Turning Point

Oil Prices Near Two-Week Low as Weak Chinese Data and Sanctions Cloud Outlook

U.S. Completes Strategic Oil Reserve Replenishment with Final Purchase

Gas Prices Drop as Election Day Nears, Offering Relief to Consumers