Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Ukraine Says It Hit Major Oil Refinery in Russia's Volga Region
Ukraine said its forces attacked a major refinery in the Volga region, the latest in a flurry of strikes on Russia's oil-processing industry. The attack caused a fire at the plant near Nizhny Novgorod, Ukraine's General Staff said in a Telegram…
Fuel costs: £100 heating oil payments to start in September
Economics and business editor, BBC News NI A Stormont scheme which will give eligible households a £100 voucher towards home heating oil costs will open for applications next month. Around 340,000 lower-income households are expected to…
Fuel costs: £100 heating oil payments to start in September
A Stormont scheme which will give eligible households a £100 voucher towards home heating oil costs will open for applications next month. Around 340,000 lower-income households are expected to qualify for the payment which was first…
Falling oil prices help calm the stock and bond markets
NEW YORK (AP) — Oil prices fell again on Tuesday, which helped ease worries in the bond market and support stock prices. The S&P 500 rose 0.3% and edged a bit closer to its all-time high set earlier this month. The Dow Jones Industrial…
Oil Falls on Signs of Middle East Talks
2334 GMT — Oil falls in early trade on signs of Middle East talks, which could lead to reduced supply disruptions. “Pakistan's Army Chief concluded a one-day visit to Iran, with local media suggesting the trip yielded valuable…
'Non-greasy' Olaplex hair oil worth £56 that 'makes a difference' is now £39
Glass hair is having a major moment, and is set to be one of autumn's top hair trends. Inspired by the Korean glass skin trend and the perfect antidote to autumn's dry, dull weather – which usually leaves our hair and skin equally dull and…
Oil Extends Falls, Nasdaq Futures Lower Before Nvidia Earnings
Oil prices slid in early European trade on fresh Middle East optimism, while Nasdaq futures fell as investors position ahead of Nvidia's narrative-setting earnings and U.S. inflation data. A flurry of positive headlines around diplomatic efforts to…
Melrose soars and stocks climb as oil price cools
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 closed higher on Tuesday as oil prices fell…
Asian Stocks Set to Gain as Oil Extends Declines: Markets Wrap
Asian stocks were set to advance as falling oil prices eased inflation concerns and pushed bond yields lower, while traders awaited Nvidia Corp. 's earnings for fresh clues on the outlook for artificial intelligence. Equity-index futures for…
A U.S. - Canada Trade War Would Bring Dire Impacts On Oil Trade
TOPSHOT - US President Donald Trump meets with Canadian Prime Minister Mark Carney in the Oval Office of the White House in Washington, DC on October 7, 2025. Carney's meeting comes as he hopes of convincing President Donald Trump to ease US…
Oil prices fall US$2 on Iran-Oman talks to reopen Strait of Hormuz
Oil prices fell more than US$2 a barrel on Wednesday as talks between Iran and Oman revived hopes that the Strait of Hormuz could reopen and remove shipping constraints affecting supply in the key Middle East region. SCROLL TO CONTINUE WITH CONTENT…
Oil Prices Fall as Oman-Iran Talks Raise Hopes for Hormuz Reopening
Oil prices fell for a third straight day after Iran and Oman discussed measures to temporarily reopen the Strait of Hormuz. Brent crude oil for October delivery fell 2.6% to $86.62 a barrel, while West Texas Intermediate dropped 2.7% to $80.12 a…
Drop In Crude Oil Prices Fuels Markets
WTI crude oil falls to $82 range. Investors await Nvidia's earnings. Intuit to report after the bell. A drop in crude oil prices, spurred by the U.S.'s turn toward economic pressures on Iran rather than missile attacks, is fueling the three major…
Venezuela oil output reaches highest level since 2019
Aug. 25 (UPI) -- Venezuela's oil production has reached 1.23 million barrels per day, its highest level since February 2019, acting President Delcy Rodríguez announced. The production level represents a 29.8% increase since the beginning of…
Asian shares mostly rise as oil prices fall and hope grows for AI
Asian shares mostly rose in early Wednesday trading, as investors kept an eye on the ongoing talks over reopening the Strait of Hormuz, which remains largely shut down because of the war in Iran. The global interest in artificial intelligence…
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