Oil

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UAE Leaves OPEC to Pursue Independent Oil Strategy

The break weakens cartel cohesion.

Tech Rally Lifts S&P 500 and Nasdaq to Records

Last Middle East Tanker Reaches California as Federal–State Energy Fight Escalates

Ukraine Targets Kirishi Refinery, Nearby Pumping Station in Overnight Drone Strikes

South Korea Inflation Reaccelerates to 2.6% in April as Energy and Travel Costs Jump

Oil Surge Recasts Chevron’s Prospects as Brent Tops $110

Jet-Fuel Squeeze Deepens as Oil Stocks Plunge, Airlines Cut Schedules

Canada–U.S. Oil Pipeline Nears Green Light With 400,000 Bpd Committed

Hormuz Closure Triggers Biggest Oil Shock in Modern Times

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

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

Gas Prices Hit Four-Year High as Hormuz Shutdown Squeezes Supply

UAE Quits OPEC to Set Its Own Oil Policy

Gas Prices Hit $4.39 Nationally as California Tops $6

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

UAE to Quit OPEC and OPEC+ on May 1, Redrawing Gulf Oil Politics

Panama Reaffirms Canal Neutrality as Hormuz Closure Fuels Traffic and Price Spikes

Kazakhstan Reroutes Oil for Germany as Russia Halts Druzhba Transit

Takaichi Rejects Calls to Curb Energy Use

U.S. Will Not Renew Waivers for Russian and Iranian Oil at Sea