Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Oil falls after Trump declares 'energy ceasefire' between Russia and Ukraine
President Donald Trump said that Russia and Ukraine will not be targeting each other's energy facilities. Al Jazeera reported that Iran was ready to provide assistance to help with the start of dialogue between Saudi Arabia and Yemen's Houthis. Oil…
Gold Rises as Markets Weigh Oil Pullback
0032 GMT — Gold rises in early Asian trade, as markets weigh a pullback in oil prices. Softer energy prices could temper inflation concerns and ease pressure on yields, providing some support to gold, Infinox's Thadeu Dos Santos says in a…
Oil Rises on Mideast Attacks, Dollar Edges Higher: Markets Wrap
US equity-index futures advanced after crude oil declined, erasing an earlier gain triggered by Houthi attacks on Saudi Arabia. Futures for the S&P 500 Index climbed 0.2% and those for the Nasdaq 100 Index advanced 0.5%. Asian shares were mixed…
Big Oil Goes Back to Iraq and Likes What It Sees
“Buy to the sound of cannons, sell to the sound of trumpets.” The ancient stock market maxim resonates in today's Middle East. While the US and Iran fight, Big Oil is heading into neighboring Iraq. Baron Nathan Rothschild, the…
Gold Prices Rise Above $4,200 as Russia-Ukraine Energy Truce Eases Oil Concerns
Gold prices climbed on Monday as investors weighed U.S. President Donald Trump's announcement of an immediate energy ceasefire between Russia and Ukraine against escalating Middle East tensions and persistent inflation risks. Spot gold (XAU/USD)…
RBI Bolsters Rupee Defense as Oil, Foreign Outflows Take Toll
This article is for subscribers only. I'm Samie Modak in Mumbai, as beleaguered rupee watchers look for some relief. The currency — Asia's worst performer in 2026 — is expected to advance early on Monday after the Reserve Bank of…
Stocks rise as oil prices tumble after Trump hails 'energy ceasefire
Both main crude contracts sank more than one percent following the US president's declaration, even as it sparked astonishment in Kyiv, which also said Moscow had struck multiple power plants in the country. 'Effective immediately, there is an…
US Stock Futures Rise as Oil Prices Fall Ahead of Q3 Earnings
U.S. stock index futures climbed on Sunday evening as falling oil prices boosted market sentiment following President Donald Trump's announcement of an energy ceasefire between Russia and Ukraine. However, Wall Street gains remained modest as…
South Korean Won Hits Two-Year High on Lower Oil, Dollar Sales
South Korea's won jumped to a two-year high on Monday, supported by lower oil prices and heavy dollar selling by local companies. The currency rose as much as 0.8% to 1,333.30 against the dollar after the markets returned from a three-day long…
Oil Falls on Hopes That Russian Diesel Can Ease Global Fuel Shortages
2345 GMT — Oil declines in early Asian trade on hopes that Russian diesel can ease global fuel shortages. President Trump said Friday that his administration reached an agreement for Russia to supply hundreds of thousands of tons of diesel…
ASX eyes gains after Wall Street rises; Oil market in focus
The Australian sharemarket is set for gains after a positive session on Wall Street, while eyes will be on oil markets this morning after developments over the weekend. The S&P 500 climbed 0.6 per cent for its first gain since setting its all-time…
Global equities mixed amid rising yields and oil prices (NYSE:GF)
US stock indexes ended the week mostly higher as rally in major technology shares offset headwinds from elevated oil prices and rising bond yields. Robust results across sectors have helped drive equity returns this year. The FOMC September minutes…
Oil tops $105 as Houthi attacks on Saudi Arabia raise inflation fears (CO1:COM:Commodity)
Oil prices rose in early Asian trading Monday as renewed Houthi attacks on Saudi Arabia heightened concerns about energy supplies and a broader Middle East conflict. The dollar also strengthened slightly as investors sought protection against…
Better Energy ETF: Global X's MLPX Targeting Oil and Gas Infrastructure vs. Invesco's Solar-Focused TAN
The Global X-MLP & Energy Infrastructure ETF (MLPX -0.41%) provides lower-cost exposure to energy infrastructure, while the Invesco Solar ETF (TAN +0.99%) focuses on the volatile solar energy industry. Energy investors today must weigh the…
Oil theft is on the rise in the heart of U.S. shale country-and it's mostly carried out in targeted, organized heists
The spike in oil prices since the Iran war began this year has attracted more thieves, and they are increasingly professional criminals. West Texas Intermediate crude is up 60% so far this year, and fuel prices have risen even more as global…
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