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China's Q2 2026 CO2 Emissions Fall as Oil Use Drops

Higher fuel prices caused by Middle East shipping disruptions drove a rapid move to electric vehicles that cut oil demand.

DAX Hits Record High as Oil Volatility and Nvidia’s $500 Billion AI Plan Reshape Markets

BP To Cut About 700 Non‑Frontline Roles, Internal Email Shows

Gulf Rerouting Reshapes Oil Trade and Deepens Pressure on Russian Urals

OPEC+ to Pause Output Increases After September Citing Iran-Linked Transit Risks

Opec+ Approves Second Monthly 188,000 bpd Increase for August

Ukrainian Strikes Cut Russian Refining Output and Spark Nationwide Fuel Shortages

Global Oil Drops After U.S.-Iran Interim Accord, But Pump Prices Likely to Stay High

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

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

OPEC+ Keeps March Quotas Unchanged as Compensation Cuts Trim February Allowance

Aramco Q3: Cash Flow Strong, Adjusted Profit Edges Up as Reported Profit Dips

OPEC+ Lifts December Output Slightly, Sets Q1 2026 Pause to Head Off Oversupply

OPEC+ Sets Small December Output Hike, Plans Q1 Pause

OPEC+ Lifts November Quotas by 137,000 Barrels a Day

OPEC+ Plans September Production Increase on Forecasted Q3 Demand Surge

Shell Sees Trading Profits Slide, Lowers Q2 Gas, LNG and Oil Guidance

OPEC+ Approves 548,000-Barrel-a-Day August Production Increase

Israel-Iran Attacks Target Energy Infrastructure, Sending Oil Prices Soaring

IEA Forecasts Peak Oil Demand by 2029 as Capacity Growth Outpaces Consumption