Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Energy Up With Oil Futures -- Energy Roundup
Shares of energy companies rose alongside oil futures amid doubts about the sustainability of a U.S.-Iranian cease-fire. The price of Brent crude oil, the international benchmark, was edging toward $100 Tuesday afternoon after reports that Vice…
Daily on Energy: Oil market drama and Wright backtracks
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…
Oil Markets Aren't Smelling the Coffee, Industry Participants Say
Analysts and commodity-trading company executives are expressing shock at what they call a disconnect between market pricing and reality. Prices of the most-active Brent futures contract are holding below $100 a barrel despite escalating tension in…
Investing veteran George Noble says the market is ignoring a warning flashing in oil
Oil futures are trading around $100 a barrel on Wednesday as investors assess the fragile state of the US-Iran ceasefire, but Wall Street veteran George Noble thinks the market is still not bearish enough about what's happening in crude. Noble, the…
Iran attacks oil tankers in Hormuz, sending oil back above $100 a barrel
Global oil prices climbed back above $100 a barrel on Wednesday after Iran reportedly fired on three ships in the Strait of Hormuz and escorted two to the coast. The flare-up comes following President Donald Trump's unilateral announcement Tuesday…
Bloomberg Surveillance: Stocks and Oil Climb
The economy and the markets are 'under surveillance' as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern for the top interviews from Bloomberg Surveillance Television. And join…
Graham: Iran oil blockade 'could become global soon'
Sen. Lindsey Graham (R-S.C.), a close Senate ally to President Trump, said the U.S. blockade of Iran's oil shipments “will be growing” and “could become global soon,” sending a blunt warning to countries that have helped…
Canada Responsible For Record 61% Of U.S. Oil Imports. Why It Matters.
Canada's domination of U.S. oil imports, topping 60% on an annual basis in 2025, matters for several reasons. Canada was responsible for a record 60.88% of U.S. oil imports in 2025, the first time it or any other country had accounted for 60% of…
U.S. Crude Oil Stockpiles Rise Amid Increase in Imports
U.S. crude oil inventories rose last week as imports picked up from the week before and exports declined, according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude oil stocks excluding the Strategic…
Qld parliament live: Sports minister in hot seat, LNP continues to push for Qld oil industry; youth crime bill debated
The Crisafulli government continues to face questions about the conduct of Sport and Olympic Games Minister Tim Mander, and whether he knowingly misled the state's electoral commission. On Monday, it was reported that Mander was enrolled to vote at…
How the Iran war oil and gas supply shock compares with past disruptions
The U.S.-Israeli war with Iran and the closure of the Strait of Hormuz have caused the biggest oil supply disruption on record by daily output lost, though at least one earlier shock had a greater cumulative impact, according to Reuters…
FTSE 100 struggles as Brent oil tops 100 dollars once more
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 closed lower on Wednesday as the oil price…
Heating oil help for households in North Lincolnshire on the way
David McKenna East Yorkshire and Lincolnshire Households in North Lincolnshire who rely on heating oil are set to receive help with their bills. Unlike for those who use gas and electricity for their domestic fuel, prices for households using oil…
Trump's blockade collapses as Iran 'ghost ships' slip away with £675m of oil
Donald Trump's military blockade of the Strait of Hormuz has suffered a major blow as dozens of Iranian vessels are said to have slipped past US surveillance. It is reported around 34 Iranian oil tankers managed to sneak past the US military…
Emerging Markets Rally Hits Pause as Iran Risks Lift Oil
Revved-up emerging-market assets declined as rising oil prices and the lack of progress in Iran peace talks zapped risk appetite. The MSCI index of developing-world equities fell 0.4% as of 12:11 p.m. in London, snapping a two-day rally which took…
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