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    Why U.S. Oil Companies Are Not Plugging the World’s Energy Gap

    ByRebecca F. Elliott May 1, 2026

    American producers are under pressure from investors to keep spending in check, and they are wary of drilling more wells because they are not sure oil prices will stay high.

    Read More Why U.S. Oil Companies Are Not Plugging the World’s Energy GapContinue

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    Trump’s Plans to Boost Weapons Production Might Not Deliver for Years

    ByHelene Cooper and Eric Schmitt April 30, 2026May 1, 2026

    While the defense industry has announced plans to make more munitions, much of that expanded production will not quickly kick in.

    Read More Trump’s Plans to Boost Weapons Production Might Not Deliver for YearsContinue

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    Loss of Emirates Further Weakens OPEC’s Influence

    ByIvan Penn and Rebecca F. Elliott April 29, 2026April 29, 2026

    The exit of the United Arab Emirates is the most significant in a series of departures from the oil cartel in recent years.

    Read More Loss of Emirates Further Weakens OPEC’s InfluenceContinue

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    It’s Not Just War That’s Making the U.A.E. Leave OPEC

    ByVivian Nereim and Ismaeel Naar April 28, 2026April 29, 2026

    The United Arab Emirates’ decision to leave OPEC has rocked the region, underscoring how the country, at odds with Saudi Arabia, is increasingly charting its own course.

    Read More It’s Not Just War That’s Making the U.A.E. Leave OPECContinue

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    UAE Says It Will Leave OPEC as Iran War Strains Oil Markets

    ByVivian Nereim April 28, 2026April 28, 2026

    The Gulf government has long complained about the group’s quotas, which officials believe unfairly limited its exports. Its departure is expected to weaken OPEC’s influence.

    Read More UAE Says It Will Leave OPEC as Iran War Strains Oil MarketsContinue

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    Trump’s Latest Oil Blockade Brings Bigger Economic Risks

    ByRebecca F. Elliott April 14, 2026April 14, 2026

    Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.

    Read More Trump’s Latest Oil Blockade Brings Bigger Economic RisksContinue

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    G7 Countries Hold Off on Releasing Emergency Oil Supplies

    ByRebecca F. Elliott and Aurelien Breeden March 9, 2026

    Finance ministers for the seven industrialized countries met on Monday and said they would consider releasing oil from reserves but were not ready to do so now.

    Read More G7 Countries Hold Off on Releasing Emergency Oil SuppliesContinue

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    Oil Prices Surge After Iran Attack

    ByRebecca F. Elliott March 1, 2026March 2, 2026

    How long prices remain high will depend on what the United States, Israel and Iran do next.

    Read More Oil Prices Surge After Iran AttackContinue

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    OPEC Plus to Boost Oil Production as Iran Strikes Threaten Price Spike

    ByEshe Nelson March 1, 2026March 1, 2026

    The cartel pledged to increase output by 206,000 barrels a day from next month, and said that members would “closely monitor and assess market conditions.”

    Read More OPEC Plus to Boost Oil Production as Iran Strikes Threaten Price SpikeContinue

  • Chevron Corporation | China | Embargoes and Sanctions | Europe | European Union | International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Maduro, Nicolas | Oil (Petroleum) and Gasoline | Prices (Fares, Fees and Rates) | Production | Regulation and Deregulation of Industry | Russia | Russian Invasion of Ukraine (2022) | Ships and Shipping | Smuggling | Treasury Department | Trump, Donald J | United States International Relations | United States Politics and Government | Venezuela

    A Seized Oil Tanker Off Venezuela and the Big Business of Dark Fleet Smuggling

    ByRebecca F. Elliott and Peter Eavis December 12, 2025December 12, 2025

    The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the tankers that secretively move oil from sanctioned countries.

    Read More A Seized Oil Tanker Off Venezuela and the Big Business of Dark Fleet SmugglingContinue

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