Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Tourmaline Oil Corp. stock rises Friday, outperforms market
Shares of Tourmaline Oil Corp. TOU rose 2.15% to C$64.04 Friday, in what proved to be an otherwise all-around negative trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE falling 0.47% to 34,339.99. Tourmaline Oil Corp.
US moves to claim tanker and 2M barrels of seized Venezuelan oil
WASHINGTON (AP) — The Justice Department has filed a complaint to legally take ownership of a sanctioned tanker and nearly 2 million barrels of petroleum seized off the coast of Venezuela in December, another step by President Donald Trump's…
The Iran Risk Is Keeping Oil Prices Elevated
Iranian people walk through the area under a state building covered with a giant anti-U.S. billboard depicting a symbolic image of the destroyed USS Abraham Lincoln (CVN-72) aircraft carrier, in downtown Tehran, Iran, on February 26, 2026, the…
Alberta projects deficit of nearly C$10bn, citing low oil prices
Nadine Yousif Senior Canada reporter Canada's oil-rich province of Alberta is forecasting a deficit of C$9.4bn ($6.9bn; £5.1bn), citing the costs of a rising population coupled with low oil prices. The once debt-free province called the…
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Mahesh Edible Oil signs Ranbir Kapoor for SALONI and STAYFIT brands
Mahesh Edible Oil Industries has appointed Ranbir Kapoor as brand ambassador for its flagship brands SALONI (Mustard Oil and Soya Chunks) and STAYFIT. The move is part of the company's efforts to strengthen brand visibility and expand its presence…
First quarter indicates challenges for Texas oil and gas industry, rig counts down
(The Center Square) – As President Donald Trump touts economic and energy policies in Texas, the first quarter indicates ongoing challenges for the oil and gas industry. Rig counts are down and thousands of energy jobs have been eliminated…
Nymex Overview: Oil Futures Climb on Continued Tensions Between the US and Iran -- OPIS
Crude oil contracts were up at midday Friday on renewed concerns over U.S.-Iran tensions and as the front-month Brent, RBOB, and ULSD are set to expire at the end of the day. The NYMEX April West Texas Intermediate contract was up $1.27 at…
FTSE 100 hits high and oil jumps amid US-Iran tension
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The FTSE 100 outperformed European and US peers on…
Diamondback Energy: The Market Is Still Underestimating This High-Quality Oil Opportunity
Diamondback Energy remains a Strong Buy, driven by robust execution, attractive valuation, and strong free cash flow despite oil price volatility. FANG projects a 4% production/share growth in 2026 and continued lateral and Barnett expansion.
United's stock and other airline shares get a reality check from rising oil prices, market jitters
United Airlines' stock was leading S&P 500 index decliners on Friday and heading for its worst drop in 10 months, with other airline stocks also seeing steep declines amid rising oil futures prices and increased market jitters. United shares UAL…
These 15 Hair Oils Are Basically Magic In A Bottle
If you've ever found yourself battling flyaways, feeling defeated by dull strands, or desperately wanting to rejuvenate those edges, your routine might just be missing a good hair oil. Finding the right hair oil can feel like searching for a needle…
US moves to legally control tanker and 2M barrels of oil seized off Venezuela's coast in December
The Justice Department has filed a complaint to legally take ownership of a sanctioned tanker and nearly 2 million barrels of petroleum seized off the coast of Venezuela in December, another step by President Donald Trump 's administration to…
US stocks sink and oil prices rise as worries about AI, inflation and possible war hit Wall Street
Getting your Trinity Audio player ready... U.S. stocks sank Friday as Wall Street kept punishing companies that could become losers in the artificial-intelligence revolution. A surprisingly discouraging update on inflation also hurt the market…
Daily on Energy: Quote of the week, a closer look at the home appliance bill, and some oil news
Meanwhile, President Donald Trump is now suggesting that the U.S. could conduct a “friendly takeover” of Cuba after it has blocked fuel from entering the island for weeks. 🇨🇺🇻🇪 Keep reading to see what…
FTSE 100 hits high and oil jumps amid US-Iran tension
The FTSE 100 outperformed European and US peers on Friday, ending a record-breaking week at another new high. “Two months in, it looks like 2026 could be a second bumper year in a row for investors putting their faith in UK stocks if current…
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