Oil Industry News
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Energy Shares Slip as Oil Prices Pull Back -- Energy Roundup
Shares of companies in the energy sector fell alongside oil futures, as markets keep an eye on on-again-off-again talks to restore shipping traffic in the Strait of Hormuz. BP said its deputy chief executive, Carol Howle, plans to retire later this…
Best Body Oils 2026 - Forbes Vetted
Body oils are the unsung hydrating heroes of skincare. They offer many of the same benefits as a body lotion, but they're better at creating a barrier to lock in moisture. I consulted with deputy editor Jane Sung and licensed massage therapist…
Oil falls as markets await outcome of Iran-US talks, US stocks data
LONDON, July 1 (Reuters) - Oil prices fell on Wednesday as talks between Iran and the U.S. aimed at reaching a final agreement to end their war continued and the market awaited data from the U.S. regarding stock draws. Brent futures fell 62…
Oil Futures Rise on Possible Technical Recovery
2336 GMT — Oil futures rise in early Asian trade on a possible technical recovery after the futures posted their sharpest quarterly drop since 2020 on Tuesday. Oil futures may also be supported by uncertainty over control of the Strait of…
US cooking oil market shrinking due to Ice pressures on Latino households, Mazola owner says
The US cooking oil market is shrinking and unlikely to improve soon because of economic and immigration enforcement pressures on Latino households, the owner of the Mazola brand has said. George Weston, the chief executive of Associated British…
Zelensky calls for peace after Ukraine strikes Russian oil refinery and military complex
Ukraine launched two long-range military strikes against Russia on Wednesday, hitting another oil refinery and a military facility, continuing the trend of its recent military success with such weapons. Russia's Ufa oil refinery and an aerospace…
Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisis
The lines are growing at Russian gas stations -- and so is the frustration and uncertainty as several months of Ukrainian attacks have set oil refineries ablaze and choked supplies for motorists across the vast country. Fuel rationing has been…
North Sea oil and renewables: The UK's next PM faces a defining energy policy decision
Andy Burnham could face pressure over whether to expand North Sea oil drilling or prioritize renewables. The debate comes amid energy security concerns tied to Iran, Russia's war in Ukraine and UK fuel exposure. Rosebank and Jackdaw are central…
Booking Holdings (BKN) Has Significant Upside According To Analysts As Oil Prices Decline
Booking Holdings Inc. (NASDAQ: BKNG) is one of the Iran Peace Deal Sends Oil Lower: Top 8 Travel Stocks to Buy Now. According to a report released on June 23, BTIG analyst Jake Fuller reaffirmed a Buy rating on Booking Holdings Inc. (NASDAQ:BKNG)…
Saudi Aramco Makes Rare Spot Oil Sales as Its Shipments Ramp Up
Saudi Arabia is selling millions of barrels of oil on a spot basis to customers in Asia as the world's top exporter ramps up shipments from inside the Persian Gulf, traders with knowledge of the matter said. State-controlled Saudi Aramco has so far…
A 'buttery' mouthfeel or 'meadow grass' notes? How Australian olive oils rank against other supermarket options
Consumer advocacy group Choice has taste tested 30 supermarket extra-virgin olive oils, and found some Australian-made oils rank higher than those imported from Italy and Spain. “A lot of Australians are after local products, and there are a…
Consumer Stocks Mostly Lower as Oil Prices Waver-- Consumer Roundup
Stocks in the consumer sectors were mostly lower as the full reopening of Hormuz remains elusive. The Conference Board consumer confidence index ticks higher to 91.2, although below WSJ consensus of 94.2. Amazon will pay $2.25 million in civil…
Goldman Flags Up Oil Surplus Even as Nations Rebuild Stockpiles
The global oil market is set to swing back into oversupply as the impact of the Iran war fades and traffic through the Strait of Hormuz recovers, according to Goldman Sachs Group Inc. While purchases of crude to replenish strategic reserves are…
Oil Steadies as Peace Talks, Flows Through Hormuz in Focus
Oil steadied after the biggest quarterly drop since the pandemic as traders monitored peace talks between the US and Iran and the return of shipping through the Strait of Hormuz. West Texas Intermediate traded near $70 a barrel, after losing almost…
Iran Peace Deal Sends Oil Lower: Viking Holdings (VIK) Is A Top Travel Stock To Buy
Viking Holdings Ltd. (NYSE: VIK) is one of the Iran Peace Deal Sends Oil Lower: Top 8 Travel Stocks to Buy Now. During the last few trading sessions, Viking Holdings Ltd. (NYSE:VIK) has seen positive momentum. On June 10, Bernstein analyst Richard…
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