Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Imperial Oil Ltd. stock falls Friday, underperforms market
Shares of Imperial Oil Ltd. IMO slid 0.10% to C$181.29 Friday, in what proved to be an otherwise all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.50% to 35,369.10. Imperial Oil Ltd.
Stock Market Today: Crude Oil Slips on New Hopes for Peace Talks Headline -- WSJ
Brent crude futures fell 3.5% to about $91 a barrel, after Reuters reported that Pakistan and Iran are exploring a path towards new talks with the U.S. Oil's decline, which had started earlier in the session, eased pressure on government bond…
U.S. Stocks Stabilize as Oil Retreats on Peace Talk Hopes -- Update
The Dow Jones Industrial Average rose 235.60 points, or 0.46%, to 51947.25. The S&P 500 gained 3.69 points, or 0.05%, to 7411.98, while the Nasdaq Composite dropped 161.87 points, or 0.64%, to 24975.82. According to preliminary data, there were…
Is an Oil & Gas ETF or a Solar Stock Fund the Better Buy in 2026?
The State Street Energy Select Sector SPDR ETF (XLE +0.34%) offers low-cost, mature energy exposure with lower volatility, whereas the Invesco Solar ETF (TAN -2.97%) provides high-conviction, volatile access to the solar industry. While both funds…
Oil markets face costs of Iran war | Arkansas Democrat Gazette
American drivers face fresh sticker shock after disruptions from the Iran war intensified in recent days, sending oil over $100 a barrel and national gasoline prices above $4 a gallon. But prices could be poised to go significantly higher, energy…
Stock Market Skids On Oil, Google, Tesla: Weekly Review
The stock market retreated this past week as crude oil prices surged yet again and Treasury yields hit 18-month highs. The Nasdaq tumbled to undercut June lows while the S&P 500 regained and then lost its 50-day line. The Dow Jones and small-cap…
The world is facing its largest oil shock ever. Here is why prices are not higher.
Global oil prices topped $100 a barrel this week, bringing crude futures back to a two-month high. Their share surge erased all of the relief seen since the U.S. and Iran agreed to a ceasefire and a “ memorandum of understanding ” in…
Stocks waver on Wall Street while crude oil prices fall for the first time in a week
NEW YORK — Stocks drifted to a mixed finish on Wall Street Friday as oil prices slipped for the first time in a week. Every major index lost ground overall for the week amid increasing pressure from a sharp escalation in the U.S. war with…
Oil to End Year Near $100 on Mideast Disruptions, Rapidan Says
The breakdown of the US-Iran ceasefire threatens to leave Brent crude hovering around the $100-a-barrel mark well past July and into the end of the year, according to Rapidan Energy Group's increased forecast. The consulting firm raised its…
Wall Street Bulls Are Staring Down $100 Oil, Tariffs, AI Angst
Every bull market has a recurring cast of villains. Oil shocks. Inflation. Rising bond yields. Trade wars. This week, investors had to contend with all of them at once. Brent crude broke above $100 a barrel on Thursday for the first time in two…
How Oil Chaos on Four Fronts Drives Wild Swings and Supply Fears
George Prokopiou, the reclusive Greek tanker magnate, has made a fortune by sending his vessels to places where others fear to pass. Since the Iran war broke out, his company, Dynacom Tankers Management, has succeeded in getting more than a dozen…
Trump has no remaining levers to pull as oil hovers near the $100 'psychological' threshold
President Donald Trump is essentially out of “levers” to pull during a second phase of the Iran war as oil prices again flirt with the $100 per barrel “psychological” threshold that makes energy markets jittery. With…
![rappler.com - [Vantage Point] Oil's false prophets](https://www.rappler.com/tachyon/2026/07/OIL-FALSE-PROPHETS.jpg)
[Vantage Point] Oil's false prophets
T he Economist mocked investors in late April for predicting Brent crude oil to reach roughly US$88 per barrel by the end of the year. Brent Crude—a light, sweet crude oil originally extracted from the North Sea—is widely used as the…
Oil nears $100 again as Middle East tensions threaten supply
Global oil prices have surged toward $100 per barrel as fighting has again escalated in the Middle East. Renewed hostilities between the US and Iran have again brought traffic through the Strait of Hormuz to a near halt, while the Tehran-allied…
Physical oil prices jump with some nearing US$110 as Iran, Ukraine wars hit supply
The price of physical crude oil cargoes in the Middle East, Europe and Africa jumped this week to two-month highs with some nearing US$110 (HK$858) a barrel, as supply disruptions linked to the Iran and Ukraine wars left buyers scrambling to secure…
Receive a Daily briefing on Oil Industry News
Get Started