Oil Industry News

Bloomberg Intelligence: Oil Dips Post-Christmas

Paul Sweeney harnesses the power of Bloomberg Intelligence to analyze market news and provide in-depth company and industry research. Paul Sweeney harnesses the power of Bloomberg Intelligence to analyze market news and provide in-depth company and…

Oil rises slightly as market weighs supply risks

Oil prices nudged higher on Friday after the U.S. put greater economic pressure on Venezuelan oil shipments and carried out airstrikes against Islamic State militants in Nigeria's Sokoto state, in coordination with the African country's…

Ukraine says it has hit a Russian gas processing plant and oil refinery

Ukraine has said its drones have struck the largest Russian gas processing plant in the Orenburg region, which also processes gas from Kazakhstan's Karachaganak oil and gas condensate field. Long-range UAVs successfully hit the Orenburg gas…

Ukraine war latest: Kyiv claims successful Storm Shadow strike on major oil refinery

A Russian court sentenced a pro-war activist and critic of President Vladimir Putin of justifying terrorism to six years in prison on Thursday. Sergei Udaltsov, the leader of the Left Front movement that opposes Putin, who is also affiliated with…

Oil Edges Higher Amid Geopolitical Tensions

Ukraine war briefing: Kyiv hits Russian oil refinery with British Storm Shadow missiles

Ukraine used British Storm Shadow missiles to attack a Russian oil refinery on Thursday, the country's military said. The Novoshakhtinsk refinery was hit by the missiles and “numerous explosions” were recorded, the Ukrainian armed…

White House orders US military to 'quarantine' Venezuela oil

The White House ordered a “ quarantine ” on oil coming out of Venezuela for up to two months, the latest move by the Trump administration as it looks to oust Venezuelan President Nicolás Maduro from power. The Latin American…

Cobram Estate's $259m US olive oil buyout took 11 years to land

The $259 million buyout of a large Californian olive oil producer by Australia's biggest olive oil company, Cobram Estate, was sealed 11 years after the two companies first held talks, in an extraordinary display of corporate patience. Cobram…

The Theft That Never Was: Inside Venezuela's 1976 Oil Takeover | Caracas Chronicles

Last week, the Deputy Chief of Staff for Policy and Homeland Security offered a sharply different account of Venezuela's 1976 oil nationalization. It is provocative, but it does not hold up to the record. President Carlos Andrés Pérez…

Oil rises slightly as market weighs supply risks

Dec 26: Oil ‌prices rose slightly on Friday after the U.S. put greater economic pressure on Venezuelan oil shipments and carried out airstrikes against Islamic State militants in northwest Nigeria at the request of the government in Abuja.

Oil rises as market weighs Venezuela supply risks

Dec 26: Oil ‌prices climbed on Friday after the U.S. ordered increased economic pressure on Venezuelan oil shipments and carried out airstrikes against Islamic State militants in northwest Nigeria at the request of Nigeria's government.

'US Markets Rally On Christmas Eve, Oil Prices Edge Higher': Ajay Bagga Lists 3 Big Catalysts For 2026

Updated 26 December 2025 at 10:26 IST Opinion News 2 min read Follow: ‘US Markets Rally On Christmas Eve, Oil Prices Edge Higher': Ajay Bagga Lists 3 Big Catalysts For 2026 | Image: Republic US markets were up on the Christmas Eve on…

I battled the 'Winter Uglies' until this $30 Bio-Oil bundle resurrected my dry skin

So, you've got a case of the dreaded “Winter Uglies”. According to a slew of social media users, this seasonal slump in appearance is often caused by a mix of less sunlight, reduced activity, holiday stress, extra holiday treats and…

Oil price steady as market mulls potential supply risks

LONDON, ‌Dec 26: Oil prices were stable on Friday as investors weighed potential supply risks from developing geopolitical tensions in a thinly-attended post-Christmas session, after the U.S. carried out airstrikes against Islamic State…

Top Oil Stocks To Add to Your Watchlist - December 26th

4 Canadian Oil Stocks That Are Filling the Heavy Crude Gap Exxon Mobil, Chevron, and Valero Energy are the three Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are shares of companies whose primary business…