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 Down as Oil Futures Hold Losses - Energy Roundup
Shares of energy companies fell as oil futures held their hefty Monday losses, hovering around $96 a barrel in New York as traders tried to assess the likelihood of peace negotiations in Iran. Shares of Marathon Petroleum slipped despite the oil…
AI, Oil, Tariffs on Asia Markets' Minds as America Votes
As polls close, here's what to watch: BLUE SWEEP: Many predictions markets see Democrats gaining control of both the House and Senate as the most likely outcome--one that could complicate the administration's capacity to push through policy. A…
Zelensky steps up attacks on Russian oil refineries as he gives up on Trump
Volodymyr Zelensky has clearly shelved any chance of respecting US President Donald Trump's cowardly demand to stop Kyiv's oil blitz on Russia. Ukraine's devastating attacks on Russia's oil refineries and other energy installations have have…
Aghdam's industrial revival looks promising for Azerbaijan's non-oil economy
The expansion of manufacturing in the Aghdam Industrial Park illustrates how investment in liberated territories can support employment, strengthen domestic production and introduce Azerbaijani goods to international markets. The production of…
Oil Prices Fall as U.S. Midterm Results Unfold
0234 GMT — Oil trades lower in early Asian trading as markets continue to monitor U.S. election results. Prices have been volatile as traders digest conflicting signals on the progress of U.S.- Iran peace talks, ANZ Research says in a note.
Gold Edges Higher Amid Cooling Oil Prices
0010 GMT — Gold edges higher amid cooling oil prices. However, stronger-than-expected U.S. data overnight is likely to limit the gains. U.S. job openings jumped to 7.52 million in September, well above the 7.1 million expected. The strong…
Suncor Energy tops profit estimates on higher oil prices, margins
Nov 3 (Reuters) – Canada's integrated oil and gas producer Suncor Energy surpassed analysts' expectations for third-quarter profit on Tuesday, as higher oil prices and strength in refinery margins helped offset lower production and…
Canadian Oil at Widest Discount to US Prices Since 2018
Canadian heavy crude prices reached their weakest relative to US oil futures since 2018, when a massive pipline bottleneck prompted Alberta's government to impose production limits on the largest producers. Western Canadian Select's discount in…
Can eating the wrong oil really make you dumber?
SCROLL TO CONTINUE WITH CONTENT Taiwanese internal medicine doctor Fu Yu-hsiang shares a case: during a clinic visit, a woman asked him, 'Doctor, my mother's memory has been getting worse and worse lately. Should I buy some brain-boosting…
Indian Stock Market Rally: FII Inflows, Crude Oil Prices Drive Sensex, Nifty Higher
Indian stock markets, including the Sensex and Nifty, are experiencing a robust rally for the fifth consecutive day, primarily fuelled by substantial foreign institutional investor inflows and a favourable dip in global crude oil prices. Indian…
Oil prices rebound after U.S. attacks Iran - TT
The U.S. struck targets on the Iranian island of Qeshm inside the Strait of Hormuz overnight. (Bloomberg) Oil prices rebounded from a sharp retreat to start the week after the United States conducted defensive strikes on Iranian targets in the…
Live: US midterms in sharp focus, oil price eases
Choose what information you see below by using filters Consumer group Choice has handed out the 2026 Shonky Awards to the worst products and services of the year. ABC reporter Liana Walker has the story. It's time to go back to the ‘sales…
ASX to slip; oil drops; chipmakers gain
Go to latest Australian shares are set to open slightly lower, as investors await early results in the United States midterm elections. S&P/ASX 200 futures were down 5 points, or 0.1 per cent, to 8892 near 3am AEDT. Falling oil prices boosted Wall…
Venezuela's Oil Rush Brings Private Jets and Soaring Rents to Frontier Town
The beating heart of Venezuela's oil revival doesn't lie in the shiny bubble of the capital Caracas, but rather more than a six-hour drive southeast, in a place called El Tigre. Private jets now routinely touch down in the modest airport on the…
Treasuries Fall Amid Oil Price Swings, Strong Job Openings Data
Treasuries fell after a gauge of US job openings exceeded economist estimates, an indication of labor market strength with the potential to give the Federal Reserve leeway to raise interest rates to curb inflation. The selloff lifted yields across…
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