UAE Exit from OPEC Spurs OPEC+ to Raise June Oil Production OPEC+ members pledge an extra 188,000 barrels per day for June after the UAE exit from OPEC, a move …
OPEC+ raises June output by 188,000 barrels per day after UAE exit OPEC+ raises June output by 188,000 barrels per day after the UAE exit; seven members boost supplies amid …
Iraq Oil Production Could Be Restored Within Seven Days Once Strait of Hormuz Crisis Eases Iraq oil production could be restored within seven days after conditions in the Strait of …
Germany agrees tenant protection for fossil heating costs in buildings overhaul Germany’s coalition proposes a 50-50 split of rising gas and oil heating operating costs, shielding tenants while keeping fossil …
Russia Halts Kazakh Oil Transit via Druschba Pipeline to Germany Starting May 1, 2026 Russia will stop transporting Kazakh crude through the Druschba pipeline to Germany from May 1, 2026, …
German inflation rises to 2.9% in April as energy costs surge German inflation rose to 2.9% in April after oil-price spikes tied to the Iran conflict pushed energy costs higher …
BP profit jumps to $3.2 billion in Q1 as oil trading offsets Middle East disruption BP profit rises to $3.2bn in Q1 as oil trading and higher Gulf of Mexico …
Germany’s Commitment to the Social Market Economy Tested by Strait of Hormuz Oil Shock Germany’s government is confronting a fresh test of its commitment to the social market economy as …
Strait of Hormuz Disruption Keeps Oil Above $107 as Iran-Russia Talks and Lebanon Crossfire Intensify Global oil markets stay elevated above $107 as diplomatic engagement between Iran and Russia unfolds …
Russia halts Kazakh oil via Druzhba pipeline, putting Schwedt refinery supplies at risk Russia will halt Kazakh oil via the Druzhba pipeline on May 1, 2026, threatening Schwedt refinery supplies …
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