Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
China's Industrial Profits Jump Most in Three Months on Oil, AI
Chinese industrial companies saw their earnings grow at the fastest in three months, lifted by rising producer prices against the backdrop of higher energy costs. Industrial profits climbed 14.4% in September from a year earlier, up from 4.2% in…
Fertile new ground for America's oil workers | Opinion
In towns across Texas, Oklahoma, North Dakota, and beyond, oil built more than wells. It built the diners, hardware stores, schools, and Friday night football crowds that grew up around it. For families who have worked the rigs for generations, the…
The Tanker Tycoon's WhatsApps Driving a Disputed Oil Benchmark
The messages from the world's biggest supertanker owner often begin with pleasantries: “Dear Ladies and Gentlemen.” Within minutes, the WhatsApps are the talk of the oil-tanker industry, a multibillion-dollar corner of the energy…
The AI trade is driving global markets more than oil, Goldman Sachs says
Artificial intelligence has become such a powerful force in financial markets that semiconductor stocks are now doing more to explain movements across asset classes than oil prices, according to Goldman Sachs. 'Tech has become an increasingly…
The Grease Hunters of Bengaluru Want Leftover Fryer Oil to Fuel India's Jets
In a grubby restaurant basement in Bengaluru, two men crouch over a sticky plastic tub of something a kitchen no longer wants and the oil industry increasingly does. The men are grease hunters: collectors who spend their days traversing the…
We, the Hated review - standing up to be abused: behind the scenes with Just Stop Oil
‘Hated” is not putting it too strongly. The strength of feeling against Just Stop Oil, as caught by this documentary, is really disturbing. It's filmed from inside the climate group's protests, and as activists block roads, furious…
Raskin says oil companies will face consequences for importing Russian diesel
Rep. Jamie Raskin (D-Md.), the ranking member on the House Judiciary Committee, said that oil companies will face repercussions if they import Russian diesel, comments that come shortly after President Trump announced a diesel deal with Moscow. In…
Saudi Arabia's Houthi Challenge Shifts Fears to Non-Oil Economy
Saudi Arabia's oil industry managed to ride out concerns in the early days of the Iran war and keep exports flowing. Now, with the Houthis staging deadly attacks on the kingdom and signs of disruption stacking up, the worry has shifted to the rest…
Oil Prices Fall as Traders Assess Iran Diplomacy, Saudi Attacks
Oil prices fell Tuesday as traders weighed fresh regional efforts to ease tensions involving Iran against Houthi attacks on Saudi Arabia and risks to shipping through the Strait of Hormuz. December Brent crude futures fell 0.8% to $114.93 a barrel…
Political battle intensifies within Labour over Rosebank oil field
Paris Gourtsoyannis Westminster correspondent, BBC Scotland Scottish Labour leader Michael Marra is wading into the political battle which is intensifying over the Rosebank oil field. He is making a direct appeal to Energy Secretary Miatta…
Political battle intensifies within Labour over Rosebank oil field
Scottish Labour leader Michael Marra is wading into the political battle which is intensifying over the Rosebank oil field. He is making a direct appeal to Energy Secretary Miatta Fahnbulleh to approve the plans to allow production to begin in the…
'Andy is getting it done', says Trump as he claims UK 'opening up North Sea oil'
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. Donald Trump has said “Andy is getting it…
Trump Targets Methane Curbs on Oil and Gas in a New Climate Rollback
In today's edition there's exclusive news on the Trump administration's plan to ease requirements on the oil and gas sector to cut emissions of methane. An announcement expected later Tuesday is the latest climate rollback, and being framed as part…
Asian stocks advance following a rally on Wall Street and oil prices fall
Asian stocks were mostly higher Tuesday after an AI-led rally on Wall Street ahead of major corporate earnings and central-bank decisions. U.S. futures edged lower after earlier gains and oil prices extended losses. South Korea's Kospi jumped more…
Are seed oils unhealthy? Why are so many influencers speaking out against them? | Gideon Meyerowitz-Katz
If you've been online lately, you've probably been bombarded with the discourse about seed oils. Once a completely innocuous food that no one really talked about, they have become the enemy of the moment. Robert F Kennedy Jr, the secretary of…
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