Economics ❯ Energy Economics

Oil Prices

Market Dynamics Market Trends Market Reactions Market Impact Production Costs Supply and Demand Market Analysis Gasoline Prices Market Regulation Market Predictions

U.S. to Release 172 Million Barrels From SPR as IEA Launches Record 400-Million-Barrel Draw

The drawdown starts next week over about 120 days to counter price spikes tied to Strait of Hormuz disruptions.

Stories older than 24h

Drone Strike Ignites Blaze at Tikhoretsk Oil Hub in Russia’s Krasnodar Region

China Ramps Up Crude Imports 16% in Early 2026 to Fortify Reserves

Gulf Conflict Puts Desalination Plants in the Crosshairs After Reported Strikes in Bahrain and Iran

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

U.S. Holds Off on SPR Release as Rubio Readies Phased Plan to Curb Oil Spike

Japan Urges Diplomacy, Prepares Evacuations as Hormuz Shipping Pauses

U.S.-Run Venezuelan Oil Sales Near $2 Billion as Caracas Freezes 19 Contracts

Trump Touts 80 Million Venezuelan Barrels, 600,000-Barrel U.S. Output Rise in State of the Union

EU Weighs Replacing Russia Oil Price Cap With Blanket Ban on Maritime Services

Venezuela Enacts Oil Law Opening Sector to Private and Foreign Investors as U.S. Eases Sanctions

Argentina Lowers Export Duties on Conventional Crude Under New Decree

Venezuela Sends First Direct Crude Cargo to U.S. Under 50‑Million‑Barrel Deal

PRI Demands Mexico Halt Oil Shipments to Cuba as Morena Senators Back Sheinbaum’s Sovereign Stance

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

Venezuela’s Assembly Backs First Reading of Oil-Law Overhaul Opening PDVSA Monopoly

Trump’s Energy Strategy Recasts the Strategic Petroleum Reserve as Gradual Refill Advances

White House TikTok Uses Daddy Yankee’s ‘Gasolina’ to Tout Cheaper Gas, Drawing Mixed Reaction

Russia’s Oil Flows Pivot to China as Turkey Overtakes India

Pemex Production Lags Plan México Target as Wells and Rigs Shrink