Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Trump to unveil plan to loosen methane rules for oil and gas industry
President Donald Trump is set to announce a proposed rule easing methane emission requirements for oil and gas producers as part of his latest effort to boost domestic production and lower fuel prices. Trump is expected to announce the proposed…
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…
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…
Tech Stocks Power Higher, Oil Cools
This is an edition of the Markets P.M. newsletter, a recap of the day's most important markets moves, delivered after the closing bell. If you're not subscribed, sign up here. Tech stocks extended their gains after Monday's Anthropic rally.
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…
Trump plans to loosen restrictions on methane emissions from oil drilling
President Donald Trump is expected to announce plans Tuesday to loosen a Biden-era rule that aimed to reduce planet-warming emissions of methane from oil and gas drilling. Trump was to deliver the announcement as he campaigned in Texas, according…
WATCH: Trump says Venezuela sent him 1 million barrels of oil as a 'gift
WASHINGTON (AP) — President Donald Trump and Secretary of State Marco Rubio on Tuesday plan to show off a newly arrived oil tanker filled with Venezuelan crude to be processed in Texas refineries, according to a congressional aide and two…
Trump accepting 1 million barrels of Venezuelan oil during Texas visit
“We're going to accept a million barrels of oil, and I'm going to give it to you people to use it the way you want,” the president continued, adding that oil prices “are going to be dropping very sharply, very soon.”…
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…
Oil prices remain elevated on fears over costs across economy - TT
A truck drives past a fuel price board for gasoline and diesel at a gas station on Oct. 20 in San Francisco. (Jeff Chiu/AP) Rising gas prices triggered by the war in Iran could further raise costs across the economy. Diesel fuel was going for $6.35…
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…
The Ultimate Classic Car Fluids Guide: Oil, Ethanol, Zinc and More
Ask ten car enthusiasts about the proper care and feeding of classic vehicles, and you will likely get twenty different answers. Should you run synthetic oil in a flathead engine? Is the ethanol in modern pump gas actively destroying your…
Trump plans to loosen restrictions on methane emissions from oil drilling
Email Address: I consent to the Terms and Conditions, Cookie and Privacy Policies. I consent to the CASL agreement. By clicking the button above, an account will be created and you will begin to receive some of our recommended newsletters. You may…
Receive a Daily briefing on Oil Industry News
Get Started