News about Oil
The United Arab Emirates announced on Tuesday, April 28. its withdrawal from OPEC and OPEC+, dealing a major blow to groups of oil-exporting countries and Saudi Arabia amid an ongoing war with Iran.
Leading banks recommend their clients to buy commodity currencies amid the ongoing conflict between the U.S. and Iran. In the developed countries segment, these are the Norwegian krone and the Australian dollar, and in the developing countries segment – the Kazakh tenge, the Brazilian real and the Nigerian naira.
The National Energy Regulatory Agency (ANRE) has set new maximum fuel prices that will be in effect tomorrow, April 28.
U.S. President Donald Trump said on April 26 that Iran has about three days before the Islamic Republic’s oil pipelines explode due to clogging.
The cost of fuel in different countries of the world can differ by more than 170 times. In April 2026, the lowest gasoline prices were recorded in Libya: only $0.09 per gallon, and the highest in Hong Kong, where a gallon costs $15.65.
The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect tomorrow, April 24.
On Wednesday, April 22, Ukraine resumed transit of Russian oil through the Druzhba oil pipeline to Hungary and Slovakia after almost three months of downtime. The resumption of oil transit through the pipeline was announced by Hungarian energy giant MOL on Wednesday. And on Thursday morning, Bratislava confirmed that crude oil pumping had begun. This allowed Budapest and Bratislava to lift their “veto” on a €90 billion EU loan to Kiev.
The National Energy Regulatory Agency (ANRE) has set new maximum fuel prices that will be in effect tomorrow, April 23.
Hungary’s future Prime Minister Péter Magyar held a press conference on Monday following the first meeting of the parliamentary faction of the Tisza party. After naming the ministers of the future government, he also touched upon foreign policy issues.
The U.S. has lifted restrictions on Russian oil purchases for another month, although it had “ruled out” such an option a few days ago.
The world economy missed 500 million barrels of oil due to supply disruptions from the Middle East. Losses from lost trade are estimated at about $50 billion.
The National Energy Regulatory Agency (ANRE) has set new maximum fuel prices that will be effective April15.
U.S. President Donald Trump warned that any Iranian vessels that violated a U.S. naval blockade imposed on Monday would be “immediately destroyed”, escalating tensions amid a fragile truce after Pakistan-brokered talks failed to produce a peace deal on the Iranian conflict.
Markets remain positive amid uncertainty, with the truce between the US and Iran looking fragile ahead of talks between the two countries scheduled for Saturday.
Iran demands payment for passage through the Strait of Hormuz in cryptocurrency.
The National Energy Regulatory Agency (ANRE) set new prices for basic fuels for April 10.
The Moldovan government has suspended tenders for major infrastructure projects due to rising energy prices, Minister of Infrastructure and Regional Development Vladimir Bolea said on the air of a Moldovan TV channel.
The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect tomorrow, April 8.
The National Energy Regulatory Agency has set new fuel prices for tomorrow, April 7, 2026.
US President Donald Trump has announced his intention to step up strikes on Iran.
