Преполни цркви низ Македонија за Цветници - верниците го одбележаа празникот
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OPEC+ decided on a modest, nearly symbolic increase in oil production of 206,000 barrels per day starting from May. Analysts assess that the real effect will be limited, especially amid current geopolitical tensions.
War remains a key factor affecting the energy sector. Conflicts create not only short-term price shocks but also long-term consequences for investments, transport routes and production stability.
Logistical constraints, sanctions and uncertainty are making energy companies cautious about new investments. Additionally, some OPEC+ member states face technical and infrastructure limitations, meaning announced increases will be difficult to fully implement.
The global oil market remains sensitive to every geopolitical development. Despite attempts to balance supply, uncertainty continues to play a key role in price movements.
The latest 10 news from this category
The opposition warns that rising global food and oil prices will trigger another wave of price increases in import-dependent Macedonia.
The Chamber of Commerce president stressed the need to support domestic companies and strengthen public-private partnerships.
The EU Energy Commissioner warned of a prolonged energy shock with high prices and possible fuel rationing.
The transport minister said negotiations for Macedonian transporter EU access visas are progressing well with a September 30 deadline.
The government reduced fuel excise taxes, lowering diesel by 4 denars and gasoline by 2 denars per liter.
South Korea's finance minister met Gulf ambassadors to secure oil supply after Iran closed the Strait of Hormuz.
Prime Minister Mickoski announced that conditions for reducing fuel excise taxes have been met, and a government session is scheduled...
Brent crude spot price reached $141.36 per barrel, the highest level since the 2008 financial crisis, driven by the Iranian...
Industrial production in North Macedonia declined 4.2% in February 2026 compared to the same month last year, with energy supply...
IEA chief Fatih Birol warned Europe could face diesel and jet fuel shortages by May as Iran attacks and Hormuz...