Global Oil Market News

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• Russian Deputy PM Alexander Novak Predicts Months of Global Oil Market Volatility Even After Potential Reopening of Strait of Hormuz

  Published: Apr 27, 2026

  Section: Iran War

  Russian Deputy Prime Minister Alexander Novak has warned that the global energy market will face a protracted recovery period of several months following the naval blockade in the...

• Police Call for Nationwide Prepay Fuel Mandate Amid Surge in Thefts

  Published: Apr 23, 2026

  Section: Companies & Industry

  New Zealand Police have issued an urgent recommendation for petrol stations to shift to prepay-only models following a dramatic rise in fuel-related crimes. Assistant Commissioner...

• Australia Implements Emergency Measures as Middle East Conflict Drives Fuel Crisis

  Published: Apr 2, 2026

  Section: Global Economy

  The Australian federal government and several state administrations have launched a series of aggressive interventions to shield citizens from skyrocketing energy costs. Following...

• Energy Analysts Shield Dangote Refinery from Pricing Allegations Amid Global Crude Surge and Domestic Market Deregulation

  Published: Mar 9, 2026

  Section: Africa

  Industry specialists have countered claims that the Dangote Petroleum Refinery is solely responsible for rising petrol prices, citing a gap between coastal and gantry rates. Expert...