The International Energy Agency expects diesel supply to stay constrained into 2027 and sees global oil demand falling 2.6 million barrels per day in 2026. Renewed attacks in the Gulf add risk to the recovery in Middle East oil exports.
Trump told a Wasilla, Alaska, rally that Taiwan will take 30% of the gas from the planned pipeline for two decades and invest $4.4 billion. Taipei had not commented, and Seoul said its own share of the project is not yet finally approved.
Maximum prices for Wednesday, 14 October, put a litre of Pb95 petrol at 7.11 zł. The caps in force on Tuesday, 13 October, were 7.06 zł for Pb95, 7.95 zł for Pb98 and 8.02 zł for diesel.
The draft law sets a reserve of 24 terawatt-hours for crises such as sabotage, paid for by a levy that would first apply on 1 October 2027. Typical households would pay between 3.77 and 7.20 euros a year.
The Ministry of Energy, PEJ and PGE signed an agreement on Tuesday, 13 October, making PEJ the investor and coordinator and giving PGE the location analyses and feasibility studies. The updated national nuclear programme targets selecting a technology partner in 2027, with construction around 2032.
European Trade Commissioner Maroš Šefčovič opened two days of negotiations with Chinese Commerce Minister Wang Wentao after Beijing rejected voluntary hybrid car export limits.
Patrick Pouyanné said the cut will follow the release of 10 million barrels from France's strategic stocks, starting in early November. TotalEnergies also committed to 20 cents off non-road diesel used by farmers, construction firms and fishermen.
The European Commission chose 46 projects across 16 member states to speed permitting and help developers win funding. The projects are expected to need about €21.1 billion in capital investment as the bloc tries to reduce its reliance on China.
Petrol may cost up to 6.90 zł per litre on Friday, up 7 groszy from Thursday, as the energy minister sets new caps under the CPN package. Road hauliers say the relief they receive is marginal next to their fuel costs.
US Special Envoy Jared Kushner and Kremlin adviser Kirill Dmitriev held talks exploring a role for American investors in the Nord Stream gas pipelines, drawing swift opposition from Germany and Poland.
BP expects $3 billion to $4.5 billion of impairments in its third-quarter results on its gas and low-carbon energy segment, and says net debt has already reached its 2027 target.
President Donald Trump signed an order in Grand Island, Nebraska, waiving federal penalties on highway use of agricultural dyed diesel through December 31 as fuel prices top $6 a gallon.
The World Trade Organization more than doubled its 2026 merchandise trade growth forecast to 3.9%, citing strong spending on artificial intelligence infrastructure that offset Middle East energy transport disruptions.
Energy Minister Miłosz Motyka announced maximum fuel price caps for 6 October 2026, raising petrol limits by up to 7 groszy while lowering diesel by 6 groszy under the CPN 3.0 scheme.
US authorities seized 90 biodiesel shipments bound for Cuba on Wednesday, most of them at Port Everglades in Florida, and Havana responded that fuel imports are legal under international law.
Security officers in Poland arrested former board member Michał R. and four executives over artificially lowered fuel prices that caused shortages across 600 stations.
Group of Seven leaders agreed on 2 October to coordinate a 100-million-barrel emergency oil and diesel release through the IEA, prompting US President Donald Trump to withdraw threats of a diesel export ban.
At the Med9 summit in Split, Italian Prime Minister Giorgia Meloni said Rome is evaluating up to 170 million euros in mobile fuel excise cuts while seeking European Union fiscal flexibility for inflation-driven budget costs.
Average Italian diesel prices reached 2.261 euros per litre on 7 October following the end of a 6.1-cent excise tax cut, prompting renewed debate over mobile duties and commercial price caps.
Polish MEP Grzegorz Braun appeared alongside AfD lawmakers at the Lubmin distribution hub, calling for Poland to become a stakeholder in reviving Russian gas flows.
Michael O'Leary said on Thursday that Europe should not run short of aviation fuel this winter or until summer 2027, barring unforeseen events, while jet fuel now costs 50% more than Brent crude.
Google has contracted 3,590 megawatts of electricity from Constellation Energy, unlocking more than $4.3 billion to upgrade 11 nuclear units across the PJM grid footprint.
European Commission President Ursula von der Leyen announced that foreign gas exporters will receive an additional year to comply with EU methane emission standards, pushing back the January 2027 deadline.
Seven key OPEC+ producers agreed to keep November crude targets unchanged, as regional fighting and shipping disruptions in the Persian Gulf hold physical supply below official quotas.
Shipments are blocked at refineries in Normandy, Donges and La Mède on Thursday 8 October 2026. The CGT says over 50% of workers are striking, while TotalEnergies puts participation below 2% and says supplies continue through other logistics.
Brent crude fell below $100 per barrel on Tuesday as Gulf producers increased tanker transits through the Strait of Hormuz, while Iraq prepared tenders for chartered tankers.
An IBRiS poll for Rzeczpospolita shows 64.8% of respondents in Poland blame US President Donald Trump for high fuel prices, while 25.2% hold Prime Minister Donald Tusk responsible.
Weekly government figures show pump prices surpassed the July 2022 peak, while remote Scottish islanders face costs reaching 228p per litre and the G7 prepares a 100-million-barrel reserve release.
Average prices for Super E10 and diesel climbed across Germany over the weekend, eroding part of the 16.7-cent tax relief introduced on 1 October.
A temporary tax cut reduced German petrol and diesel prices on 1 October 2026, though elevated crude oil markets and inventory deficits kept prices above two euros per liter.
A drilling rig has reached the Baltic about six kilometers from Świnoujście beaches for a single CEP well costing $135,000 a day. German officials and environmental groups warn of spill risks for Uznam, a resort island that Bild says draws more than one million visitors a year.
Donald Trump rejected claims he prematurely announced a $54 billion Alaska LNG investment by South Korea, threatening trade retaliation as Seoul stated the project remains under review.
Orlen vice president Robert Soszyński told a parliamentary committee on 6 October 2026 that the group will request higher household gas tariffs for 2027 if European wholesale energy prices remain at current levels over the next three months.
Speaking at the SEV General Assembly, Greek Prime Minister Kyriakos Mitsotakis announced direct electricity subsidies for manufacturing sectors and noted rapid public debt reduction.
Maritime attacks on oil and gas tankers in the Strait of Hormuz reached their highest weekly level since February 2026, as Iran threatened to shut southern bypass channels and Houthi strikes hit Saudi targets.
Parpública agreed to buy the REN stake held by the Fidelidade insurance group, and the government says its target for the state's holding is now complete. The purchase still needs a visa from the Tribunal de Contas, and its financial terms will not be disclosed until then.
Chinese refiners have suspended refined fuel exports for October to protect domestic stockpiles, while OPEC+ postponed its capacity review to mid-November amid regional conflict.
Saudi Aramco reduced official selling prices for Asian crude deliveries in November by up to 5 dollars a barrel to offset elevated tanker freight rates, while raising formulas for European buyers.
The United Arab Emirates has opened its market to poultry and table eggs from all Polish regions after removing import restrictions on 13 provinces following negotiations that began in September 2024.
Schleswig-Holstein Minister-President Daniel Günther has urged Chancellor Friedrich Merz to revise draft energy laws that reduce solar tariffs and limit wind power curtailment compensation.
