Economics ❯ Energy Economics

Oil Prices

Market Reactions Market Dynamics Market Impact Market Trends Gas Prices Market Stability Production Costs Supply and Demand Global Oil Market Market Regulation

U.S. Reissues 30-Day Waiver for Russian Oil After Brief Lapse

The move prioritizes keeping oil flowing to energy‑vulnerable importers as Hormuz traffic stalls.

Germany Debates Extending Fuel Tax Cut Before June Deadline

UAE Reiterates OPEC Exit Is an Economic Choice, Not a Political Break

Pemex Refining Jumps 21.9% in Q1 2026 as Output Shifts to Higher-Value Fuels

India Seeks U.S. Extension to Waiver for Limited Russian Oil Imports

Cuba Runs Out of Diesel as Havana Blackouts Set Off Protests

OPEC Trims 2026 Oil Demand Outlook During Hormuz Supply Shock

India Cuts Oil and Gas Royalties, Eases Deepwater Levies to Boost Output

Kentucky Gas Tax Cut Cleared to Start Monday After AG Signs Beshear Order

Shell Q1 Profit Jumps on Gulf Supply Shock as Dividend Rises and Buybacks Are Cut

Pakistan Repatriates Crew From U.S.-Seized Iranian Ship

Sakhalin Oil Tanker Set to Reach Japan as Tokyo Seeks Supply Relief

White House Says Iran Blockade Is Working as Spirit Airlines Shuts Down After Failed Lifeline

Sweden Arrests Chinese Captain After Seizing Suspected Shadow-Fleet Tanker

Trump Approves Cross-Border Permit for Bridger Pipeline Reviving Keystone XL Route

Pakistan Admits It Has No Strategic Oil Reserves During Global Oil Shock

Vista Lifts 2026 Output Target, Preps RIGI Filings After Q1 Surge

Santa Marta Talks Gather 60 Nations to Map a Fossil-Fuel Exit

Trump Extends Jones Act Waiver 90 Days to Ease U.S. Energy Shipping

White House Weighs Extending Jones Act Waiver to Keep Oil Moving