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 Edges Lower But Supply Risks Linger
0048 GMT — Oil prices edge lower in early Asian trade. “The Trump administration continues to talk up its efforts to support oil flows, with Energy Secretary Chris Wright saying they had recovered to about 80% of their pre-conflict…
91 percent in Texas poll say Iran war raising oil and gas prices
More than 90 percent of Texas voters believe the Iran conflict is raising oil and gas prices, according to a new survey. In the CBS News/YouGov poll, 91 percent of respondents said the war against Iran is making oil and gas prices in the U.S.
Cuba opens oil sector further to private investment under new law
Oct. 19 (UPI) -- Cuba's new oil and gas law took effect Monday, allowing more private businesses and foreign investors to participate in the country's energy industry as the island struggles with fuel shortages and widespread power outages. The…
Veterinarians recommend fish oil for dogs, and these ones meet the highest quality standards
The best fish oil for dogs can support your pet's health in several important ways. Studies show it may help with arthritis and joint health, skin allergies, coat health, immune function, and cardiovascular health. The omega-3 fatty acids DHA and…
Oil eases as markets assess potential waiver on Russian energy, Middle East supply risks
Oct 20 (Reuters) – Oil prices fell on Tuesday as markets weighed an executive order from US President Donald Trump that waived some sanctions and tariffs tied to Russian energy exports, while attacks on Saudi Arabia and Yemen kept…
Oil prices dip, but remain elevated on war uncertainty - TT
A driver refuels a vehicle with gasoline at a gas station in San Jose, Calif. (David Paul Morris/Bloomberg) Brent crude remains near its highest level since May. It's been yo-yoing between $97 and $110 this month on uncertainty about when the war…
Putin critic found the method in Trump's madness. Then he blamed it on oil
He is right. And he got there from the other side of the argument, which is worth something. He cites Azerbaijan's President Ilham Aliyev, who told his ruling party's congress on Oct. 2 that the United States and China “are the world's two…
Rubio's India Visit: The Russian Oil Factor
US Secretary of State Marco Rubio's visit to India this week underscores the complex dynamics of global energy policy, as Washington re-evaluates sanctions on Russian oil buyers amidst India's continued reliance on Russian crude. US Secretary of…
EU Retreats From Arctic Oil Ban Language in Strategy Draft
The European Union looks to be relaxing its opposition to oil and gas production in polar areas, while still calling for all fossil fuels to be kept in the ground in its forthcoming Arctic strategy. A draft of the strategy, seen by Bloomberg…
What's Really In Your Vape? Cannabis Oil Types, Explained
Walk into a dispensary looking for a weed vape and the first decision used to be pretty simple: What strain do you want? Now you might be choosing between distillate, live resin, cured resin, live rosin, liquid diamonds, live diamonds, sauce…
Asian shares tumble, oil rises as markets await AI sector results
TOKYO, Oct 20 (Reuters) – Asian stocks retreated broadly on Tuesday while oil rose as geopolitical risks rattled sentiment ahead of key results from AI bellwether companies. The dollar held firm against the euro as riots in France fuelled…
Burgum Clarifies No Sanctions Lifted on Russian Oil
Interior Secretary Doug Burgum moved to clear up confusion Monday, stating plainly that the Trump administration has not lifted any sanctions on Russian oil or Russian oil exports. Speaking on the administration's negotiating posture with Moscow…
What Does This Record Correlation In Bonds And Oil Mean For Stocks?
What makes the move up in bonds, along with high crude prices, alarming is that last week's CPI and PPI reports both suggested inflation was hotter than expected. The weakness in SMH easily suggests that more weakness should be expected both in SMH…
Oil prices are falling sharply
The price of crude oil has fallen sharply again after Friday's high. However, Brent crude is still trading well above the $100-per-barrel mark. (File photo) Oil prices fell sharply at the start of the week after reaching a five-month high on…
The Iran War has sent gas and oil prices higher. That could spell economic disaster in the midterms.
It's expensive out there: Gas prices have been stuck at over $4 a gallon for more days this year than any other. The war in Iran shows no signs of cooling off. Inflation is swallowing any raises you might have gotten at work. It's a recipe for a…
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