Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Covert mideast oil flows are keeping global prices in check
Middle Eastern oil producers are pressing ahead with shuttling large volumes of crude out of the Persian Gulf, helping keep a lid on prices and assuaging fears of an energy-driven inflation spike, even as the Iran war drags on. The trade of…
Asian shares are mostly higher while US futures and oil prices hold steady
Shares were mostly higher Monday in Asia after U.S. stocks edged back from their all-time high following a weaker than expected report on the U.S. economy. U.S. futures were little changed and oil prices were mixed. Tokyo's Nikkei 225 index gained…
How China Shielded Itself From Oil Shock
China sailed through the crisis in the Strait of Hormuz relatively unscathed even as the impact of its steps shielded other consuming nations from having to pay high crude oil prices. Six months into the war in West Asia, India is finding its feet.
Oil Majors Reap $93 Billion Windfall From the Iran War
Oil prices have soared in recent months as a result of the almost complete closure of the Strait of Hormuz, a key trade corridor connecting Asia and Europe. High fossil fuel prices have helped to drive up the profits of oil and gas companies around…
Oil Edges Higher as Middle East Tensions Linger: Markets Wrap
Oil edged higher as traders looked for the next catalyst to set direction, with renewed Israeli attacks on Lebanon and the prospect of fresh US sanctions on Iran adding to geopolitical uncertainty. Global benchmark Brent crude rose as much as 0.5%…
The Americas' Challenge to Middle East Oil Won't Let Up
For a few weeks of 2026, the American continent was pumping nearly half of the world's oil. It was an extraordinary moment, even if short lived. To a degree, it was a statistical aberration, a fortuitous byproduct of the Iran war, which had shut…
Asian shares are mostly higher while US futures and oil prices hold steady
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Oil Prices Mixed; May Be Buoyed Amid Deadlock in U.S.-Iran Talks
2348 GMT — Oil prices are mixed in early trade, but may be buoyed amid a deadlock in U.S.- Iran talks to reopen the Strait of Hormuz, a key waterway through which one-fifth of the world's oil is transported. “Hopes of an imminent deal…
Sensex, Nifty Dip: Crude Oil Prices & Geopolitical Tensions Impact Indian Stock Market
Indian benchmark indices, Sensex and Nifty, experienced a decline in early trade, primarily influenced by a surge in crude oil prices and persistent geopolitical tensions in West Asia, impacting investor sentiment. Indian benchmark indices, Sensex…
Geopolitical Tensions, Crude Oil Prices, & FOMC Minutes to Influence Indian Stock Market
Analysts predict that global geopolitical tensions, particularly concerning the Strait of Hormuz and the US-Iran standoff, alongside crude oil price movements and the Federal Reserve's policy outlook, will be the primary determinants of Indian…
Chinese Hengli Group company primary importer of sanctioned Iran crude oil
Hengli Group, a Chinese company that employs over 300,000 people and earns over $100 billion per year, is a primary importer of Iranian crude oil, The Wall Street Journal reported on Saturday, citing industry analysts, shipping brokers, and the US…
Stock markets decline in early trade amid rising crude oil prices
Benchmark indices Sensex and Nifty drifted lower in early trade on Monday (August 17, 2026) amid rising crude oil prices and persistent geopolitical tensions in West Asia. The 30-share BSE Sensex declined 284.85 points to 77,717.05 during initial…
Asian Stocks Steady as Iran War Keeps Oil Prices and Inflation Risks Elevated
Asian stocks traded mostly flat on Monday as investors monitored rising oil prices and persistent geopolitical tensions surrounding the Iran war and the Strait of Hormuz. Prospects for peace talks remain limited, while oil tanker traffic through…
Oil Prices Steady as Strait of Hormuz Traffic Slows Amid US-Iran Conflict
Oil prices were little changed in early Monday trading as shipping activity through the Strait of Hormuz slowed sharply over the weekend, while the ongoing conflict between the United States and Iran showed no signs of reaching a peace agreement.
This Oil Dividend Just Got a Raise. Here's What It Means for Shareholders.
On the dividend front, the energy sector certainly isn't suffering from the summertime blues, as a plethora of pipeline stocks have delivered higher payouts in recent weeks. Count Delek Logistics Partners (DKL +3.27%), which operates in some of the…
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