Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Venezuela's Oil Is a Focus of Trump's Campaign Against Maduro
The Nobel Peace Prize winner made her pitch by live video to a business conference in Miami attended by American executives and politicians, including President Trump. “I am talking about a $1.7 trillion opportunity,” María…
Oil Rises on Likely Technical Recovery
Venezuela reacts to Trump's oil blockade
Venezuela on Tuesday condemned President Donald Trump's order of a “total and complete blockade” of oil tankers going in and out of its ports as a “reckless threat” against the South American nation. The government of…
Asian shares are mixed and oil prices jump as Trump orders a blockade of oil tankers to Venezuela
Asian shares were mixed on Wednesday with strong buying of technology shares helping lift some benchmarks, while oil prices surged more than 1% after President Donald Trump ordered a blockade of all “sanctioned oil tankers” into…
Company drops plan to drill for oil in Biscathorpe - BBC News
Plans to drill for oil in the Lincolnshire Wolds have been abandoned. A public inquiry was expected to be held next year into the proposed site at Biscathorpe after a long running campaign against it by local protesters. Now the company behind the…
Trump orders total blockade of oil tankers into Venezuela
President Donald Trump has ordered a blockade of all oil tankers into Venezuela. Trump announced his order to block 'sanctioned oil tankers' in a social media post on Tuesday, December 16. The move puts pressure on Venezuelan leader Nicolás…
Trump orders blockade of sanctioned Venezuela oil tankers
Donald Trump has ordered a blockade of all sanctioned oil tankers entering and leaving Venezuela, ramping up pressure on Nicolas Maduro, the country's authoritarian leader. The US president claimed that Venezuela was using oil to fund drug…
Antiaging' oil refinery
Park Jae-hyuk Park Jae-hyuk is a seasoned journalist who has provided comprehensive coverage of South Korea's corporate dynamics, economic policies, industry challenges and the global positioning of Korean companies. Based on the articles he has…
Asian shares are mixed and oil prices jump as Trump orders a blockade of oil tankers to Venezuela
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Trump orders blockade of sanctioned oil tankers entering and leaving Venezuela
Donald Trump has ordered “a total and complete” blockade of all sanctioned oil tankers entering and leaving Venezuela, ramping up pressure on the country's authoritarian leader Nicolás Maduro. The move comes amid an escalating…
The Oil-and-Gas Rout Is Accelerating
Natural gas futures ended lower for the fourth straight session, closing at $3.886 per million British thermal units. The power-generation fuel has now given back all of its heating season gains and is down 26% from the three-year-high hit earlier…
FTSE 100 dips as BP and Shell fall amid oil slide
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 fell on Tuesday, weighed down by falls in…
Asian shares gain, while oil prices jump as Trump orders a blockade of oil tankers to Venezuela
BANGKOK (AP) — Asian shares advanced on Wednesday as strong buying of technology shares helped lift some benchmarks, while oil prices surged more than 1% after President Donald Trump ordered a blockade of all “sanctioned oil…
Russia Oil Prices Hit Lowest Since War Began on Western Pressure
Russian crude prices are at their lowest since the war in Ukraine began, as sanctions deepen the discounts the nation's oil industry needs to offer and benchmark futures tumble. On average, Russian oil exporters are receiving just over $40 a barrel…
Trump says he's ordering blockade on oil tankers in and out of Venezuela - BBC News
US President Donald Trump has said he is ordering a 'a total and complete' blockade of all sanctioned oil tankers going into and out of Venezuela. In a post on Truth Social, he accused Venezuela of stealing US assets, such as oil and land, and of…
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