Oil Prices

Market Reactions Market Impact Global Markets Market Trends Market Dynamics Global Economy Brent Crude Crude Oil Supply and Demand Inflation

U.S. Strategic Petroleum Reserve Drops to Lowest Level Since 1982

A thinner reserve cuts the government's ability to calm oil markets, threatens cavern and pump integrity, narrows legal options for routine releases.

U.S. Strategic Petroleum Reserve Falls to Lowest Level Since 1982

Kazakhstan Lowers 2026 Oil Target to 96 Million Tons After CPC Terminal Attacks

Gulf Lease Sale Raises $82.7 Million but Attracts Only 69 Bids

Brazil Advises Citizens to Avoid Travel to Parts of Middle East as Gulf Violence Escalates

Renewed US Strikes on Iran Send Oil Higher and Rattle European Markets

U.S.–Iran Strikes Cut Tanker Traffic Through Strait of Hormuz

TPAO Is Drilling the Ultra‑Deep Curad‑1 Well Offshore Somalia

Cathay Pacific to Restart Middle East Flights in August and September

China Emerges as Swing Power in Global Oil Market

U.S. and Iran Sign Temporary Ceasefire and Reopen Strait of Hormuz

IEA Says OECD Oil Stocks Hit Lowest Since 1990 as Prices Fall

Brazil Airlines Cut 93 Daily Flights in May, With Deeper Reductions Projected for June

Brazil Lifts 2026 Inflation Outlook as Oil Shock Slows Rate-Cut Plans

PDVSA Circulates Hard-Line Oil Contract That Clashes With U.S. Sanctions Rules

Cuba Runs Out of Diesel as Havana Blackouts Set Off Protests

Tony Fernandes Plans New Airline as AirAsia Lines Up $600 Million Funding

OPEC+ Lifts June Oil Output After UAE Quits OPEC

U.S. Economy Grows 2% in Q1 on Business Investment

Transavia Cuts May–June Flights as Jet Fuel Spike Squeezes European Airlines