Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Spike In Oil Prices Boosted Crescent Energy Company (CRGY) in Q1
American Century Investments, an investment management company, released its first-quarter 2026 investor letter for the “American Century Investments Small Cap Value Fund.” A copy is available to download here. Equity markets…
Daily on Energy: Oil prices, Europeans cut back on driving, and upcoming events
Welcome to Daily on Energy, written by Washington Examiner energy and environment writers Callie Patteson (@CalliePatteson) and Maydeen Merino (@MaydeenMerino). Email cpatteson@washingtonexaminer dot com or mmerino@washingtonexaminer dot com for…
Iran War Upends the Global Oil Industry: Kiplinger Special Report
To help you understand what's going on in the economy, domestic and global, our highly experienced Kiplinger Letter team keeps you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get…
Why Houthi threats on Red Sea shipping could mean more pain for oil markets
Yemen's Tehran-aligned Houthis said on Monday that they would ban ships linked to Israel from the Red Sea after Israel renewed its military attacks on Iran, adding to concerns about global shipping and energy flows. This is why it matters…
A Rush to Stockpile Oil Will Keep Prices Higher for Longer
“Preppers” hoard essentials like water, food and fuel. Hit by the second global energy crisis in four years, governments are developing their own bunker mentality. If they follow through on plans to stockpile more oil, energy prices…
Wright says amount of oil through the Strait of Hormuz will 'continue to rise'
Energy Secretary Chris Wright predicted Tuesday that the amount oil moving through the Strait of Hormuz will “continue to rise” as the U.S. and Iran work to end the 100-plus day conflict. During an Atlantic Council event, Wright said…
Tories did 'level best' to ruin oil and gas sector, says SNP candidate
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The Conservatives did their “level…
Arctic Oil Drilling and the Art of the Troll
The Department of the Interior adopted a style best described as delusional triumphalism when it announced the results of its latest auction of drilling rights in the Arctic National Wildlife Refuge. The auction of oil leases on environmentally…
Watch Oil Falls as Israel-Iran Attacks Halt
Oil Falls as Israel-Iran Attacks Halt Oil declined after Israel and Iran agreed to stop attacking each other following a flare-up in violence, while new data shed light on the extent of a drop in Chinese imports. Amrita Sen, Founder and Director at…
Watch Markets: Oil Prices Are Wrong, Says JPMorgan's Jack Caffrey
Oil Prices Are Wrong, Says JPMorgan's Jack Caffrey Jack Caffrey, equity portfolio manager at JPMorgan Asset Management, examines the impact of oil prices on equity markets and what that means for both short-term traders and long-term investors.
Kuwait Oil Chief Seeks Pipeline Alternatives to Skirt Hormuz
Kuwait is seeking pipeline alternatives to export its crude oil as the near-closure of the Strait of Hormuz starves the market of vital barrels and Persian Gulf producers of the cash to run their economies. State oil producer Kuwait Petroleum Corp.
Oil is Quietly Escaping the Strait of Hormuz. What it Means for Oil Stocks.
Around 20 million barrels of oil per day (BPD) traversed the Strait of Hormuz before the war with Iran. That accounted for about 25% of the global seaborne oil trade and around 20% of the total global supply. According to tanker tracking data, oil…
After All That Hype, Trump's Arctic Oil Lease Sale Raised a Laughable $3.7M
When the Trump administration announced its plan to open the coastal plain of Alaska's Arctic National Wildlife Refuge (ANWR) to oil and gas drilling in 2025, officials claimed the lease sale would be a boon for American energy dominance.
Treasuries Advance Before Auction as Oil Prices Retreat Further
Treasuries rose as benchmark oil prices declined to the lowest levels in more than a month, alleviating concern about elevated inflation ahead of Wednesday's release of the May consumer price index. The advance on Tuesday pushed yields across…
Futures Rise As Tech Rebound Extends While Oil Drops
US equity futures are higher as Monday's US stock gains extend into today's trading with both tech and small caps outperforming as the AI theme resumes its global surge and US/Iran deal optimism is back (on the back of the now daily optimistic…
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