Oil Industry News
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Oil Rises Amid Renewed Supply-Disruption Concerns
2349 GMT — Oil rises amid renewed concerns over supply disruptions in the Middle East. Iran has exclusive right to manage traffic in the Strait of Hormuz under the preliminary peace deal signed with the U.S., Foreign Minister Abbas Araghchi…
JGBs Fall Amid Rising Crude Oil Prices
0032 GMT — JGBs fall in price terms in the early Tokyo session amid this morning's rise in crude oil prices that could lead to higher inflation in Japan, which is a major net oil importer. This, in turn, could prompt the BOJ to raise rates…
Oil Jumps After Crude Tanker Hit in Latest Middle East Flare-Up
Oil advanced after a tanker carrying Qatari crude was hit during a flare-up in attacks between the US and Iran, straining a ceasefire and hampering shipping through the Strait of Hormuz. Brent jumped as much as 1.9% to $73.39 a barrel, after…
Ukraine strike ignites Russia oil refinery; Putin recognises 'difficult period'
Ukraine kept up its heavy drone assault on Russia, setting fire to a major oil refinery in the south and killing at least two people, Russian authorities said on Sunday, as President Vladimir Putin acknowledged his country is going through a…
Oil climbs following renewed US, Iran strikes in Middle East
SINGAPORE, June 29 (Reuters) - Oil prices rose on Monday following days of tit-for-tat strikes by the United States and Iran in the Middle East that underscored the fragility of their interim peace deal and again slowed energy…
Stock futures rise along with oil prices as traders weigh U.S. attacks on Iran over the weekend: Live updates
Stock futures were slightly higher on Sunday, as tensions between Iran and the U.S. escalated once again following renewed attacks in the Middle East — which threaten to prolong the war. Dow Jones Industrial Average futures rose 124 points…
Oil rises as renewed U.S.-Iran strikes reignite Middle East supply fears
Oil prices rose as renewed U.S.-Iran strikes revived supply concerns. Talks aimed at ending the conflict between the U.S. and Iran have reportedly been paused. Military tensions around the Strait of Hormuz continued to unsettle energy markets. Elke…
Ukraine's drone set another Russian oil refinery ablaze, as Putin admits fuel shortages
KYIV, Ukraine (AP) — Ukraine kept up its heavy drone assault on Russia, setting fire to a major oil refinery in the south, as President Vladimir Putin acknowledged for the first time on Sunday that the country was facing a 'certain deficit'…
Ukraine's drone assault ignites major Russian oil refinery, as Putin acknowledges 'difficult period
KYIV, Ukraine (AP) — Ukraine kept up its heavy drone assault on Russia, setting fire to a major oil refinery in the south and killing at least two people, Russian authorities said Sunday, as President Vladimir Putin acknowledged his country…
Ukrainian strike sets fire to an oil refinery in southern Russia
Ukraine kept up its heavy drone assault on Russia, setting fire to a major oil refinery in the south and killing at least two people, Russian authorities said Sunday. Kyiv 's campaign of massive long-range strikes has choked Russian fuel supplies…
Beyond denial: How oil execs shaped a landmark climate study
BP sponsored an elite Princeton research center to address the climate problem without getting off fossil fuels. Its key work, a paper known as “Wedges,” guided climate discourse for a generation. By Maddie Stone, Drilled ; additional…
Tit-for-Tat Attacks Test US-Iran Ceasefire, Oil Flows, More
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Morgan Stanley says salt is the new oil. Here's why and how to play it
Salt can become a hot commodity amid a boom in demand for sodium-ion batteries, according to Morgan Stanley. Analyst Jack Lu and his team at the bank predict sodium-ion batteries will account for 20% of total battery deployment market share by 2030…
Ukraine's drone assault ignites major Russian oil refinery, as Putin acknowledges 'difficult period
In this photo provided by the Ukrainian Emergency Service, a sapper examines a fragment of the Russian missile in a residential neighbourhood following an air attack in Kyiv, Ukraine, Sunday, June 28, 2026. (Ukrainian Emergency Service via AP)…
Ukrainian strike sets fire to an oil refinery in southern Russia
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