Economics ❯ Energy Economics

Oil Prices

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

U.S. Takes Equity Stake in Venezuelan Oil Venture as Officials Move to Sign Deals

The arrangement gives the United States preferential access to Venezuelan oil to bolster energy security.

U.S. and Venezuela Announce Pact Giving Washington Majority Access to 65 Billion Barrels

U.S. Secures Majority Stake in 65 Billion Barrels of Venezuelan Oil

CNOOC Posts Record First‑Half Profit and Production

Kazakh Refinery Will Process Russian Crude and Send Most Fuel Back to Russia

U.S. Strategic Petroleum Reserve Drops to Lowest Level Since Early 1980s

U.S. Strategic Petroleum Reserve Falls Below 300 Million Barrels

Hacienda Raises Diesel Subsidy to Roughly 76% While Trimming Gasoline Supports

Euro Area Inflation Steady at 2.9% as Germany Rises and Austria Falls

Brazil Extends R$0.44 Gasoline Subsidy for 30 Days

U.S.–Iran Escalation Sends Oil and Pump Prices Higher as Mexico Restores Fuel Tax Support

Pakistan Seeks KUFPEC Upstream Investment as Petrol Stocks Fall to Two Weeks’ Cover

Brazil Keeps Gasoline Subsidy as Brent Rises on U.S.-Iran Tensions

ONGC Clears 1.75 MT Strategic Petroleum Reserve at Mangaluru

Hacienda Raises Subsidies for Magna and Diesel, Keeps Premium Unsubsidized

Abby Phillip Fact-Checks Scott Jennings Over Claim That Gas Is Lower Under Trump

Congress Extends Brazil's Fuel-Subsidy Emergency Measure for 60 Days

Mexico Reduces Weekly Fuel Tax Supports as Oil Prices Retreat

Government Extends Fuel Excise Cut for One Month at Half the Rate

G7 Allies Expand Sanctions to Russia's Shadow Fleet and LNG Carriers