Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How consumer buying behaviour is reshaping the edible oil industry
The Indian consumer today is far more alert at the point of purchase than they were even five years ago. People are comparing prices across platforms, checking unit rates, and questioning why two packs of the same oil are priced similarly but…
Tourmaline Oil Corp. stock rises Friday, outperforms market
Shares of Tourmaline Oil Corp. TOU inched 0.88% higher to C$60.69 Friday, in what proved to be an otherwise all-around down trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE falling 0.32% to 34,857.34. Tourmaline Oil…
Trump's deal lifts oil sanctions on Iran, angering hawks
President Trump's peace deal with Iran offers waivers on U.S. sanctions on Iranian oil, one of multiple facets of the agreement that is angering Iran hawks, including some Trump allies. Critics worry that relaxing the sanctions bolsters the economy…
Moscow oil refinery attack brings Russia's war with Ukraine closer to home
Steve Rosenberg Russia editor, Moscow There are moments when life in Moscow feels completely normal. Thursday morning wasn't one of them. In the south-east of the city an oil refinery had been hit during a Ukrainian drone attack - even from a…
Moscow oil refinery attack brings Russia's war with Ukraine closer to home
There are moments when life in Moscow feels completely normal. Thursday morning wasn't one of them. In the south-east of the city an oil refinery had been hit during a Ukrainian drone attack - even from a distance the sight was surreal. Thick smoke…
The woman who turned cooking oil into soap in Gaza
This article first appeared on our partner site, Independent Arabia After graduating with a degree in chemistry, Marwa envisioned a future of research labs and spotless white coats. Instead, she found herself displaced in a tent with no work…
US-Iran Talks Stall as Fighting On in Lebanon, Oil Flows, More
Bloomberg News Now • Browse all episodes Listen for the latest from Bloomberg News…
Iran Can Now Sell Oil. How Fast Can It Ramp Up?
President Trump's deal with Iran will allow the Islamic Republic to sell its crude and fuels like diesel on the open market for the first time since 2018. The pact—signed by Trump and by Iran's President Masoud Pezeshkian this…
Iran Resumes Kharg Island Oil Loadings After US Blockade Lifted
Iran has resumed loading crude from its Kharg island export terminal after a break of about six weeks, following the lifting of a US Navy blockade of its ports. Three very large crude carriers, each capable of hauling about 2 million barrels of…
Prediction: Oil Will Hit $60 a Barrel in 2027. Here's How to Invest Now.
The one big thing investors have learned from the geopolitical conflict in the Middle East is that oil and natural gas remain vital to the world's normal functioning. This is why most investors should have some exposure to the sector. That said…
Russian Oil Refinery Over 1,200 Miles From Ukraine Attacked In Another War First
After this week's devasting Ukrainian drone attacks on a Moscow refinery which sent massive plumes of black smoke across the capital city skyline, it has become obvious that the Zelensky's government believes its last major card to play is…
AI Is Replacing Sustainability As The Latest Business Trend
The decline of sustainability reporting requirements and the rise of AI is causing a drastic shift in the business and sustainability industries. In 2023, one of the top concerns of the business industry was sustainability and climate change.
UPSC Key: India's Russian oil imports, Ground-level ozone and Electrification
Preliminary Examination: Current events of national and international importance Mains Examination: General Studies-II, III: Bilateral, regional and global groupings and agreements involving India and/or affecting India's interests; Infrastructure:…
Russian Air Defence Missile Reportedly Blasts Moscow Oil Refinery Roof Into the Sky During Ukrainian Drone Raid
A dramatic video has captured the moment a Russian air defense missile accidentally struck a major oil refinery in Moscow on Thursday. The misfire sent the facility's massive, circular roof launching into the air like a flying saucer amid a…
India Taps ONGC To Build $1.6 Billion Strategic Oil Reserve As Supply Crisis Exposes Energy Vulnerability
India has directed state-owned Oil and Natural Gas Corp (OTC: ONGCY) to construct a new strategic petroleum reserve facility in Mangaluru, expanding the country's emergency crude storage capacity by roughly one-third. The government's decision…
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