Oil Policy News

OPEC+ announced Thursday it will be adding more oil back to the market in May than previously expected...

US crude oil, refined oil products and natural gas imports were all left out of a sweeping overhaul of the country's trade policy and look set to...

A federal regulator has temporarily halted Colonial Pipeline's proposed tariff that would end the transportation...

Thursday's OPEC+ meeting is likely to hold few surprises, with the group widely expected to focus on compliance while likely confirming...

Nigeria's government on Wednesday ousted the chief executive of state-owned NNPC Mele Kyari, alongside the chairman and rest of the...

Iran could maintain a stable crude oil output even if the nuclear negotiations with the US fall apart, triggering the Trump administration to impose...

Exports of Mexican crude to the US in January sank to the lowest levels in 44 years as the Latin American...

Middle East benchmark Dubai registered the lowest post-Covid average in March, coinciding with the first planned hike in OPEC+...

A sale of a lease in the Gulf of Mexico (GOM) by the Bureau of Ocean Energy Management (BOEM) in 2023...

Panama will begin blending 10% ethanol into gasoline from Q4 2026, the country's president confirmed last week...

The US has moved to revoke authorisations for foreign companies working with Venezuela's state oil firm PDVSA, escalating its push to...

US President Donald Trump warned he could impose secondary tariffs of up to 50% on countries buying Russian oil if Moscow...

The Canadian province of British Columbia has eliminated a carbon tax on all fuels effective April 1, 2025...

Diesel margins fell under pressure in the West of Suez market this week as concerns over the implications of Washington's tariffs...

The Czech Republic will begin receiving all crude oil imports via the expanded TAL pipeline from April, replacing halted Russian flows through...

Serbia could lose access to most of its crude oil imports on 29 March if Washington reimposes sanctions on the country's only refinery...

The Chinese government has issued the second tranche of clean oil product export allowance for this year, while an additional batch of fuel oil export quotas...

US oil and biofuel industry groups have agreed to ask for a minimum 42% increase in renewable diesel and biodiesel blend targets next year...

The US was the largest LNG exporter in the world for another year despite unplanned outages at some...

Washington's latest tariffs on automobiles may inadvertently boost oil demand by decelerating the shift toward more fuel-efficient vehicles...