Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
EU Council Lets Oil Expansion Qualify For Sustainable Funds
A pump jack at sunset. Under the EU Council's proposal, money invested under a green 'transition' label could flow to companies expanding oil and gas, the opposite of what savers think they are funding. SFDR was built in 2021 to do two things:…
Oil is Starting to Flow Out of the Strait of Hormuz Again. Should You Still Buy Oil Stocks?
The geopolitical conflict in the Middle East pushed oil prices sharply higher. Now that the tensions have cooled, the price of oil has fallen back to its levels prior to the conflict. Major oil companies, like ExxonMobil (XOM +0.56%) and Chevron…
Stock Market Week Ahead: Oil Hints At A Paradigm Shift
The stock market booked weekly gain across the major indexes, with the Dow acing its sixth advance in seven weeks and notching a new closing high just below 53,000. Meanwhile, the Nasdaq and S&P 500 continued trading sideways below their early June…
Oil Price Crash: 1 Top Oil Stock to Buy Now
Global oil markets have whipsawed this year amid rising geopolitical tensions. In late February, oil prices soared following U.S. and Israeli military strikes on Iran, sending shockwaves through the market. Brent crude surged as high as $138 per…
Oil's Stunning Reversal Rekindles Fears of a Global Glut
Oil prices are tumbling everywhere as a peace deal between the US and Iran unleashes a wave of supply, overwhelming demand from buyers and prompting talk of a glut of crude. It's a staggering turnaround: less than three months ago the world's main…
Ukrainian drones hit St Petersburg oil terminal in latest long-range attack on Russia
The First Deputy Chief of the General Staff of Russian Armed Forces Lt. Gen. Sergei Rudskoy holds a news briefing in Moscow, Saturday, July 4, 2026. (AP Photo/Pavel Bednyakov) A Ukrainian drone attack struck an oil terminal in St. Petersburg on…
Ukrainian drones hit St Petersburg oil terminal in latest long-range attack on Russia
A Ukrainian drone attack struck an oil terminal in St. Petersburg on Saturday, Russian officials said, as Kyiv presses on with bombardment of Russia's oil infrastructure. Almost daily long-range attacks on Russian oil facilities have created a fuel…
Ethanol-blended petrol is safe to use: oil firm representatives
Representatives of the oil industry in the State have clarified that ethanol-blended petrol was safe to use. Addressing a press conference here, R. Kesavan, former DGM, IndianOil; M. Arun, an IndianOil dealer; and N.S. Krishnamoorthi, an…
Total CEO Sees Mideast Producers Desperate to Sell Oil Stocks
Middle East oil producers are desperate to sell crude stockpiled during the recent Persian Gulf conflict, but gasoline and diesel inventories remain constrained due to shipping worries, TotalEnergies SE Chief Executive Patrick Pouyanné said.
Ukrainian drones hit St Petersburg oil terminal in latest long-range attack on Russia
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Ukraine launches drone attack sparking inferno at Putin's key oil terminal
UKRAINE has launched a stunning drone attack on one of Vladimir Putin's key oil terminals – as a major Russian strike killed four civilians. Raging flames tore through St Petersburg oil terminal after the daring blitz – marking the…
Using GUSH For Some Of My Oil/Gas Sector Exposure (NYSEARCA:GUSH)
Direxion Daily S&P Oil & Gas Exp & Prod Bull 2X ETF is rated Buy for a 12-month outlook around $30 per share. Crude oil and natural gas are deeply undervalued versus precious metals and historical inflation-adjusted levels, supporting a bullish…
Ukraine hits oil and military facilities near Russia's St Petersburg
A wave of Ukrainian long-range drones has struck the St Petersburg region overnight, hitting an oil terminal and a Baltic Sea port in one of the largest deep-strike operations targeting President Vladimir Putin's home city. Leningrad region…
Putin Downplays Fuel Crisis As Ukraine Hits Over 50 Russian Oil Sites, War Rages On
Moscow: Despite severe fuel shortages across Russia, President Vladimir Putin appears unbothered by Ukraine's increasing attacks on his country's oil refineries. He has shrugged off the setback for one of the world's leading oil-producing nations…
Chahatt Khanna shares result after trying viral lemon and olive oil morning shot trend
3 min read New Delhi Make us preferred source on Google Chahatt Khanna, popular for her role as Ayesha Sharma in the television show Bade Achhe Lagte Hain, recently undertook the wellness trend that has taken over our social media feeds. From…
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