Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Oil falls after Trump declares 'energy ceasefire' between Russia and Ukraine
President Donald Trump said that Russia and Ukraine will not be targeting each other's energy facilities. Al Jazeera reported that Iran was ready to provide assistance to help with the start of dialogue between Saudi Arabia and Yemen's Houthis. Oil…
Gold Rises as Markets Weigh Oil Pullback
0032 GMT — Gold rises in early Asian trade, as markets weigh a pullback in oil prices. Softer energy prices could temper inflation concerns and ease pressure on yields, providing some support to gold, Infinox's Thadeu Dos Santos says in a…
Rural West communities struggle as price of heating oil rises
As the temperature drops, some of us will start putting the heating on but for the one-and-a-half million people across the UK that are not on the mains gas network - and who are relying instead on heating oil - that decision may give them pause.
Rural West communities struggle as price of heating oil rises
Marie Lennon, Political reporter, Wiltshire and Edward Rowe, Political reporter, Gloucestershire As the temperature drops, some of us will start putting the heating on but for the one-and-a-half million people across the UK that are not on the…
Commodities: Oil Lower Despite Middle East Escalation
Oil prices are trading weaker this morning despite developments in the Middle East over the weekend. Strong Persian Gulf oil flows and the potential for a Russia-Ukraine energy ceasefire appear to be offsetting some of the latest geopolitical…
Oil Rises on Mideast Attacks, Dollar Edges Higher: Markets Wrap
US equity-index futures advanced after crude oil declined, erasing an earlier gain triggered by Houthi attacks on Saudi Arabia. Futures for the S&P 500 Index climbed 0.2% and those for the Nasdaq 100 Index advanced 0.5%. Asian shares were mixed…
Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies
Oil prices slipped on Monday (October 12, 2026) on expectations of more Russian supplies after U.S. President Donald Trump said Ukraine and Russia had agreed to halt attacks on each other's energy facilities following a U.S.
Big Oil Goes Back to Iraq and Likes What It Sees
“Buy to the sound of cannons, sell to the sound of trumpets.” The ancient stock market maxim resonates in today's Middle East. While the US and Iran fight, Big Oil is heading into neighboring Iraq. Baron Nathan Rothschild, the…
Markets struggle for momentum as oil and bond yields rise
Markets are making a cautious start to the week, with bitcoin trading just above $83,000 and gold around $4,180 an ounce, both down roughly -0.5%. Tech futures are slightly lower, while WTI crude is edging higher above $92 a barrel. Bond yields are…
How militants in flip-flops plan to upend the oil market
Lethal missile strikes on Riyadh's international airport over the past week have demonstrated the growing military power of Yemen's Houthi rebels, who have evolved from an insurgency into one of the Middle East's most formidable non-state armed…
Saudi Arabia Eyes 10 Million Barrels a Day of Oil Pipe Capacity
Saudi Arabia is looking at ways to expand its oil pipeline capacity to destinations outside the Persian Gulf to 10 million barrels a day within two to three years, said Energy Minister Prince Abdulaziz bin Salman. As the kingdom fends off waves of…
Gold Prices Rise Above $4,200 as Russia-Ukraine Energy Truce Eases Oil Concerns
Gold prices climbed on Monday as investors weighed U.S. President Donald Trump's announcement of an immediate energy ceasefire between Russia and Ukraine against escalating Middle East tensions and persistent inflation risks. Spot gold (XAU/USD)…
RBI Bolsters Rupee Defense as Oil, Foreign Outflows Take Toll
This article is for subscribers only. I'm Samie Modak in Mumbai, as beleaguered rupee watchers look for some relief. The currency — Asia's worst performer in 2026 — is expected to advance early on Monday after the Reserve Bank of…
Stocks rise as oil prices tumble after Trump hails 'energy ceasefire
Both main crude contracts sank more than one percent following the US president's declaration, even as it sparked astonishment in Kyiv, which also said Moscow had struck multiple power plants in the country. 'Effective immediately, there is an…
Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies
NEW DELHI, Oct 12: Oil prices slipped on Monday on expectations of more Russian supplies after US President Donald Trump said Ukraine and Russia had agreed to halt attacks on each other's energy facilities following a US diesel-supply deal with…
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