Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Britain faces 'global oil shortage and soaring energy bills' this winter
Britain is set to face soaring electricity bills and knock-on effects from global fuel shortages this winter thanks to the conflicts in the Middle East and Ukraine. While the UK's energy price cap is already set to rise by 4% on October 1, new…
World running short of supertankers threatens long-haul oil flow
The soaring cost of moving oil around the world is making some long-distance crude trades uneconomical, threatening to disrupt flows at a time when fuel markets have never been tighter. The jump is being driven by a shortage of available…
The Best Way to Discard Frying Oil? Don't
There's no denying the appeal of deep-fried foods, from donuts to drumsticks, plus numerous bite-sized appetizers and every kind of potato. But when it comes to whether to bother deep-frying at home, it isn't necessarily a matter of difficulty.
Hormuz oil shipments hit six-month high, U.S. military commander says
Oil and liquefied natural gas shipments through the Strait of Hormuz in the past two weeks reached the highest level in six months, signaling that U.S. naval protection and mine clearance efforts are “paying off,” a regional U.S.
Two dead in Moscow region, drones hit oil refinery in Russian capital
MOSCOW — The largest Ukrainian drone attack reported so far on the Moscow region killed two people and damaged part of an oil refinery in the capital, authorities said on Sunday, as Russia enters the final day of parliamentary…
Oil prices face upside risks as global supply disruptions deepen
Oil prices face further upside risks in the coming months as a combination of geopolitical disruptions, constrained shipping, reduced refining capacity and declining inventories leaves global oil markets increasingly tight, Morgan Stanley said in…
Ukrainian drones target Moscow, oil refinery in deadly attack, Russian officials say
LONDON -- Plumes of smoke rose over Moscow on Sunday morning after Ukraine's latest massed drone attack on the city in which a major oil refinery was among the targets, according to the Russian capital's mayor. Mayor Sergey Sobyanin said in posts…
The Houthis: a new threat to oil supplies
“The Iran war is metastasising,” said Adrian Blomfield in The Telegraph. Having evolved into a struggle for control of the Strait of Hormuz, the conflict is now threatening another key oil-shipping route. One of the reasons that…
Jim Cramer Notes Oil Is Behind Pressure on Casey's (CASY) and Texas Roadhouse (TXRH)
Starting the lightning round on September 17, when a caller mentioned that they bought back Casey's General Stores, Inc. (NASDAQ: CASY) after listening to the conference call, Mad Money host Jim Cramer remarked: I think that was a very wise move.
Centcom: Over 1B crude oil barrels passed through Hormuz strait in recent months
U.S. Central Command (Centcom) Admiral Brad Cooper said Saturday that U.S. forces supported the transport of over 1 billion crude oil barrels through the Strait of Hormuz “in the last couple of months” despite an ongoing exchange of…
Moscow Oil Refinery Targeted By Ukraine Drones, Russia Energy War Escalates | Dynamite News
Post Published By: Rishira Jain Updated: 20 September 2026, 10:13 AM IST Moscow: A Ukrainian drone strike on Sunday reportedly targeted Russia's Kapotnya oil refinery in Moscow, bringing the battle over energy infrastructure into the centre of the…
Oil shipments through Strait of Hormuz have hit six-month high: CENTCOM
“Clearly, momentum is building,” Cooper said, adding that the primary transit lanes had been cleared of mines and that thousands of ships had passed through the waterway. “The volume of crude oil, cargo, and liquid natural gas…
Houthis claim attack on Saudi capital in fresh oil supply fears
Riyadh | The Houthi militia in Yemen said on Saturday (Sunday AEST) that it had attacked Saudi Arabia's capital and oil facilities with a barrage of missiles and drones, a significant escalation in the renewed war between the kingdom and the…
Two dead in massive Ukrainian drone attack on Moscow region, oil refinery
Two people died in one of the biggest Ukrainian drone attacks on the Moscow region and an oil refinery in Russia's capital was hit, authorities said on Sunday, as Russia enters the final day of parliamentary elections. Ukraine and Russia have…
Houthis Claim Missile, Drone Attacks on Riyadh and Saudi Oil Hub
Yemen's Houthis said they launched missile and drone attacks on “sensitive” sites in Saudi Arabia's capital Riyadh on Saturday, escalating a conflict that has increasingly threatened the kingdom's cities, energy infrastructure and oil…
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