Business ❯ Energy Sector

Oil Production

Market Dynamics Refinery Operations Market Trends Supply Chain Issues OPEC+ Supply Chain OPEC Investment Strategies Market Analysis Market Impact

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

Markets cut oil prices after the pact creates a 60‑day window to negotiate sanctions relief tied to Iran’s nuclear limits

Strait of Hormuz Still Largely Closed, Pressuring Global Oil Supplies

OGDCL Finds Oil and Gas at Bobi Deep-1 in Sindh

U.S. Gas Prices Slide From Late‑May Peak but Stay Far Above Last Year

Bo French Beats Incumbent Jim Wright in Narrow GOP Runoff for Texas Railroad Commission

Drone Strikes Hit Lukoil Refinery and Nevinnomyssk Chemical Plant in Russia

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

UAE’s Exit From OPEC Reshapes Oil Power Balance as Cartel Loses Key Spare Capacity

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

UAE Quits OPEC to Regain Control of Oil Output

UAE Leaves OPEC to Pursue Independent Oil Strategy

OPEC+ Lifts June Quotas by 188,000 Barrels After UAE Exit

OPEC+ Lifts June Quotas After UAE Exit to Project Stability

Kuwait’s Crude Exports Drop to Zero in April, Ship Tracker Says

UAE Leaves OPEC+, Weakening the Group’s Price Leverage

UAE Quits OPEC to Set Its Own Oil Policy

U.S. Brokers New Venezuela Oil Deals With Hunt, Crossover and HKN

UAE Leaves OPEC, Raising Doubts About the Group's Power Over Prices

UAE Leaves OPEC and OPEC+, Upending Oil Cartel’s Clout

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