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Energy Up Slightly as Oil Prices Level Off - Energy Roundup
Shares of energy companies rose slightly as oil futures levelled off somewhat. Oil futures fell 0.9% to $86.04 a barrel in New York, and are now down by 24% from their April peak. President Trump said that further strikes on Iran would not be…
Second Peruvian anchoveta season canceled: What are the implications for the fish oil industry?
Last month, Peru's Ministry of Production (PRODUCE) announced it would not authorize a second anchovy season, prompting the Global Organization for EPA and DHA Omega-3s (GOED) to renew calls for brands to diversify their product portfolios and…
Oil Prices: A Boost for Nigeria's Economy or Setback for Energy Transition?
LAGOS, Nigeria — It was a sultry afternoon at a carpark in Lagos, southwestern Nigeria. The morning rain had left parts of the carpark waterlogged, forcing bus drivers to perch on the few dry patches they could find. With rising gasoline…
New regulation for heating oil market, but no price controls
Economics and business editor, BBC News NI Home heating oil suppliers in Northern Ireland will face stricter regulation in the wake of an inquiry by the UK's competition watchdog. However it will not include the sort of price controls applied to…
Oil Rises as Middle East Risks Linger
0209 GMT — Oil rises in Asian trade. Prices have fallen recently on hopes of an end to the Middle East conflict, but U.S.- Iran negotiations remain deadlocked as both sides hold to key demands, ANZ Research writes, noting the impasse will…
Japan Oil Transportation 1H Net Y341.00M Vs Net Y507.00M
Japan Oil Transportation Co. Ltd. (9074.TO) Japan Half-Year Ended September 30 GROUP 2026 2025 Revenue Y18.36 bln Y17.89 bln Operating Profit Y295.00 mln Y630.00 mln Pretax Profit Y469.00 mln Y752.00 mln Net Profit Y341.00 mln Y507.00 mln Per share…
Oil Is Stuck in Limbo, With No More Iran War But No Peace
After Brent crude's 10-day decline of nearly 25%, it's tempting to say the market is pricing in peace. It isn't. Rather than anticipating that hostilities between the US and Iran are over, traders are foreseeing no immediate risk of a third round…
NYMEX Overview: Oil Futures Extend Losses on Hopes for Iran De-Escalation -- OPIS
Refined product futures also traded lower. The December ULSD contract was down 10.08cts at $4.114/gal, while January dipped 9.15cts to $4.0198/gal. December RBOB fell 2.89cts to $2.622/gal, with the January contract down 2.53cts at $2.583/gal.
UK and Argentina clash over Falklands oil project as Hamburg tribunal starts
Argentina has told an international tribunal that Britain's approval of oil drilling off the Falkland Islands has dramatically deepened a sovereignty dispute that led to war four decades ago. At the start of an historic legal clash at the…
Angola's Bonds Lead Retreat Among Emerging-Market Oil Producers
Angola 's eurobonds led the retreat among frontier and emerging market oil-producers after Brent crude tumbled below $90 a barrel for the first time since August. Angola's securities fell across the curve. At least seven dollar-denominated notes…
Trump admin pouring $480M loan into Gulf of America oil and gas project
The Energy Department is touting a $480 million loan meant to help boost oil and natural gas production in the Gulf of America. 'The U.S. Department of Energy's (DOE) Office of Energy Dominance Financing (EDF) today announced the financial close of…
Gas, oil prices fall on anticipation Iran war may be coming to an end
Nov. 10 (UPI) -- Gas prices at the pump fell below $4 per gallon Tuesday, their lowest level since July, on the back of a drop in global oil prices after President Donald Trump said further strikes on Iran were 'highly unlikely.' The drop in the…
Oil prices touch lowest level in 3 months - TT
An oil pump jack operates on Lake Maracaibo in Cabimas, Venezuela. (Ariana Cubillos/AP/file) Oil prices continue to decline, with Brent crude falling below $91 per barrel, the lowest level in three months. The declines came after President Donald…
Oil prices drop below 90 dollars as Trump says Iran war could end soon
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. Oil prices have dropped below 90 dollars a barrel for the…
Jim Rickards Warns Oil's 'Peace Trade' Is A Trap
The price of oil has dropped sharply over the past few weeks. Traders are once again betting the war will end soon. This is a dangerous assumption. We've written from the beginning of the war that it would not be over quickly and the U.S. would…
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