Oil Industry News

A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

standard.co.uk - Rachel Keenan - Tories would give Aberdeen oil industry 'kiss of life' says Badenoch
Tories would give Aberdeen oil industry 'kiss of life' says Badenoch
Evening Standard

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. A Scottish Conservative win in Aberdeen South…

washingtonexaminer.com - Callie Patteson - Daily on Energy: Oil tumbling, Strait watch, and a $500M rare earths loan
Daily on Energy: Oil tumbling, Strait watch, and a $500M rare earths loan
Washington Examiner

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…

theatlantic.com - Rogé Karma - Oil Prices Might Not Go Back to Normal Anytime Soon
Oil Prices Might Not Go Back to Normal Anytime Soon
The Atlantic

“Ships of the World, start your engines,” Donald Trump declared on Truth Social on Sunday. “Let the oil flow!” This was the president's way of announcing that the United States and Iran had reached an agreement to end…

wsj.com - Oil Futures Rise on Likely Technical Recovery
Oil Futures Rise on Likely Technical Recovery
Wall Street Journal

2333 GMT — Oil futures rise in early Asian trade on a likely technical recovery after futures fell for a fourth consecutive session on Tuesday. While the U.S.-Iran memorandum of understanding to end the conflict is “clearly positive…

dailymail.com - Ruth Davidson For The Scottish Daily Mail - The very future of Scotland's oil and gas industry is at stake
The very future of Scotland's oil and gas industry is at stake
Mail Online

I have fought all kinds of elections across all parts of Scotland. And I led from the front in the two big referendums that have been put to the people of this country – over independence and EU membership. In nearly 20 years of campaigning…

businessinsider.com - Jennifer Sor - No relief for oil: Why analysts say the crude market won't be back to normal for months
No relief for oil: Why analysts say the crude market won't be back to normal for months
Business Insider

The war that scrambled the oil market and sent prices soaring this year is all but over. But a return to normal for crude may still be nowhere in sight, energy analysts are warning. Oil prices, which had already started to cool from their wartime…

ttnews.com - Yuri Kageyama - Oil Prices Fall as Market Watches Iran Negotiations - TT
Oil Prices Fall as Market Watches Iran Negotiations - TT
Transport Topics

The Eneos Endeavor supertanker approaches the Eneos Corp. Negishi oil refinery in Yokohama, Japan, on June 6 after making a rare dark transit through the Strait of Hormuz in May. (Akio Kon/Bloomberg) Oil prices eased in early trading after the U.S.

bloomberg.com - Toby Alder - Asian Stocks to Slip Ahead of Fed, Oil Steadies: Markets Wrap
Asian Stocks to Slip Ahead of Fed, Oil Steadies: Markets Wrap
Bloomberg

Stocks in Asia looked set to snap a three-day winning streak, tracking declines on Wall Street as investors rotated out of technology shares and positioned for the first Federal Reserve policy decision under Chairman Kevin Warsh. Equity-index…

digitaljournal.com - AFP - Most stocks rise, oil flat following peace deal-fuelled rally
Most stocks rise, oil flat following peace deal-fuelled rally
Digital Journal

Equities mostly rose Tuesday and oil prices held losses following the previous day's euphoric rally sparked by the US-Iran peace deal that will reopen the crucial Strait of Hormuz. Eyes are now on developments ahead of Friday's signing ceremony in…

standard.co.uk - Jeremy Cutler - Financials lift FTSE 100 as oil heads below 80 dollars
Financials lift FTSE 100 as oil heads below 80 dollars
Evening Standard

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 made strong progress on Tuesday as oil fell…

wsj.com - Dow Jones Newswires Staff - U.S. Futures Steady, Oil Edges Lower as Markets Stabilize
U.S. Futures Steady, Oil Edges Lower as Markets Stabilize
Wall Street Journal

U.S. stock futures were flat and oil slipped in early European trade as investors awaited further details on terms of the U.S.- Iran peace deal. Brent crude edged 0.5% lower after falling sharply Monday, as investors weigh the plausibility of…

pbs.org - Darlene Superville, Associated Press - Trump signals he may reimpose sanctions on Russian oil as G7 refocuses on Ukraine
Trump signals he may reimpose sanctions on Russian oil as G7 refocuses on Ukraine
PBS

EVIAN-LES-BAINS, France (AP) — The United States could soon reimpose sanctions on Russian oil shipments after President Donald Trump and fellow leaders at the Group of Seven summit of major industrialized democracies moved Tuesday to put the…

thestandard.com.hk - The Standard 英文虎報 - The U.S. is using an Iranian smuggling tactic to sneak oil out of the Gulf
The U.S. is using an Iranian smuggling tactic to sneak oil out of the Gulf
The Standard

The United States military has overseen scores of secretive ship-to-ship oil transfers to keep Gulf energy exports flowing, using aerial and water drones as well as helicopters in an operation to guide convoys to awaiting tankers. SCROLL TO…

japantimes.co.jp - Nikkei 225 breaks 70,000 on hopes for peace and a stable supply of oil
Nikkei 225 breaks 70,000 on hopes for peace and a stable supply of oil
The Japan Times

The Nikkei 225 stock average topped 70,000 for the first time ever on Tuesday as peace negotiations advance in the Middle East and after the Bank of Japan voted to raise its benchmark rate to 1%, from 0.75%. With the U.S. and Iran reaching an…

zerohedge.com - Tyler Durden - China's Return To The Oil Market Could Boost Inflation
China's Return To The Oil Market Could Boost Inflation
Zero Hedge

The U.S.-Iran agreement to reopen the Strait of Hormuz could prompt China to return to buying more crude after months of multi-year-low purchases, which could reignite inflationary pressures despite the expected ease of oil flows from the Middle…

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