Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Energy Up as Oil Slides -- Energy Roundup
Shares of energy companies rose despite a sharp drop in oil futures. U.S.-traded crude-oil contracts fell 3.1% to $93.04 a barrel, falling by the largest increment in more than a week after President Trump reportedly revealed the red line that Iran…
Asian Stocks Poised to Edge Lower, Oil Steadies: Markets Wrap
Stocks in Asia were set to edge lower on Friday as investors grappled with a pullback in artificial-intelligence shares and hopes of a diplomatic resolution to tensions in the Middle East. Equity-index futures for Japan and South Korea pointed to…
Dollar's Lockstep Moves With Oil to Last in 2026: Markets Pulse
The US dollar will likely maintain its strong link to the price of oil for the rest of the year as the Iran war keeps crude prices elevated, according to the latest Markets Pulse survey. In the poll of 124 respondents conducted from May 28 to June…
The Oil Market Is Near a Tipping Point
An underwhelming outlook from AI chip maker Broadcom threatens to send U.S. stocks lower for a second day in a row. Major indexes had hit records Tuesday. But investors in boring stocks and bonds can console themselves that they didn't pin their…
Dwindling US Oil Inventories Are a Warning to Global Markets
This article is for subscribers only. Welcome to our guide to the commodities driving the global economy. Today, Oil Trading Americas Team Leader Devika Krishna Kumar looks at the implications of declining US inventories. If crude oil futures are…
The oil shock risks triggering a 'severe decline' in the stock market, one research firm warns
Stocks look primed for a 1970s-style decline that could leave investors with little room to hide, HFI Research warns. The energy research firm said it's bracing for more pain in financial markets amid as the oil shock doesn't appear to be waning.
Centre plans to standardise edible oil pack sizes; industry expects greater consumer transparency
The Union government is preparing to introduce norms to standardise edible oil pack sizes, a move industry executives say could improve price transparency for consumers and create a more level playing field for manufacturers. The proposed measure…
Oil execs warn Trump that gas prices could spike due to dwindling supplies: report
Several oil industry executives have reportedly privately warned the White House that the ongoing closure of the Strait of Hormuz is straining global oil inventories and could lead to gas price spikes in the coming weeks. For more than three…
Oil Futures Fall on Possible Technical Correction
2335 GMT — Oil futures fall in early Asian trade on a possible technical correction after crude futures rose for the third straight session overnight. “Looking ahead, oil markets are likely to remain highly sensitive to geopolitical…
Oil Prices Fall on Developments in Iran War - TT
A small boat moves along the shoreline where an a cargo vessel, tugboat and industrial barge are all anchored in the Strait of Hormuz off Bandar Abbas, Iran, on June 1. (Amirhosein Khorgooi/ISNA via AP) Oil prices fell and U.S. stock futures were…
Softer Oil, Softer Greenback
The US dollar is mostly softer, with the Canadian dollar the weakest among the G10 currencies. The swaps market has a BOJ hike nearly fully discounted for later this month, and the greenback continues to hover near but below JPY160. Risk-off and a…
Small oil producers need relief from Washington's one-size-fits-all regulations
One of the clearest examples is methane regulation under the Clean Air Act. In practice, these rules often apply the same monitoring, reporting, and equipment standards to low-producing marginal wells as they do to major industrial facilities. That…
What Explains the Growing Divide Between Oil and Gas
The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins sits down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research. The future of energy…
Bessent Says US Could Do Country-Specific Waiver for Russian Oil
US Treasury Secretary Scott Bessent said future waivers allowing countries to purchase oil from Russia could be granted on a country-by-country basis rather than across the board. “My strong inclination is that if there are further waivers…
U.S. Tech Futures Slip While Oil Falls on Lebanon Ceasefire
U.S. stock futures were mostly lower in early morning European trade after a disappointing revenue forecast helped stall the storming rally in artificial-intelligence related stocks. Meanwhile, the dollar pulled back from a two-month high and oil…
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