Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Lawmakers, oil industry worry about gas prices, shortages
(The Center Square) – Under a cloudy sky, highway traffic noise from State Route 99 within earshot, 76 gas station manager Diksha said she is feeling the pain at the pump. “I go fill up my tank at Costco,” Diksha, who goes by a…
Daily on Energy: Oil on edge, Trump boosts hunters, and a BP shakeup
Welcome to Daily on Energy, written by Washington Examiner energy and environment writers Callie Patteson (@CalliePatteson) and Maydeen Merino (@MaydeenMerino). Email cpatteson@washingtonexaminer dot com or mmerino@washingtonexaminer dot com for…
Barcelona, the oil business, and sportswashing allegations in the Amazon
The River Caqueta snakes nearly 1,800 miles into the heart of the Amazon rainforest. Here, in the remote Colombian region of Putumayo, football's global reach is evident. An indigenous boy on the roadside wears a Barcelona jersey. So too does a…
Fired BP chair disputes oil company's claims of poor conduct
The ousted chair of BP, Albert Manifold, has accused the oil company of firing him without warning and disputed reports about his conduct, amid the latest boardroom turmoil to rock the company. In an emailed statement, Manifold said he was…
BOJ's Ueda warns of oil shock's impact on entire inflation regime
Bank of Japan Gov. Kazuo Ueda indicated the need for vigilance over the impact of oil price spikes on the underlying inflation trend without dropping a clear hint on how that dynamic might influence the outcome at next month's policy meeting.
Liquid gold: Extra virgin olive oil's health benefits for your mind and body
Sign up for the best picks from our travel, fashion and lifestyle writers. I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. As a certified olive oil sommelier (yes, a real thing) I believe…
Oil Declines as Markets Gauge Prospects of Hormuz Reopening
0018 GMT — Oil declines in early Asian trade as traders weigh the prospects of a U.S.- Iran deal. There's hope for an agreement to reopen the Strait of Hormuz, despite renewed hostilities. Tehran's signaled that the strikes wouldn't derail…
We Are Buying Russian Oil Even Now
India bought 1.87 million barrels of Russian oil per day in May so far, meeting approximately 40 per cent of its oil imports. In a relief to refiners in India, the United States extended its waiver from sanctions on purchasing Russian crude oil and…
OPEC Monthly Oil Market Report, May 2026
OPEC 12 output decreased by 9667 kb/d from Feb 2026 to April 2026, with the largest decreases from Saudi Arabia, Iraq, Kuwait, UAE and Iran. OPEC spare capacity has increased to about 10069 kb/d in April 2026, though an opening of the Strait of…
Past oil shocks hint that the stock market has peaked for the year, a veteran strategist says
Stocks are trading at record highs, but one investing pro says that oil market history is flashing warning signs of what's next for equities. Investors are looking through the ongoing conflict in the Middle East, expecting a peace agreement from…
The best fish oil supplements for dogs, according to veterinarians' advice
The best fish oil for dogs can support their health in several important ways. Studies show it may help with arthritis and joint health, skin allergies, coat health, immune function, and cardiovascular health. The omega-3 fatty acids DHA and EPA in…
Oil prices drop as traders look for US-Iran talks progress
Oil prices fell by more than 3% on Wednesday as traders weighed up progress in U.S.-Iran peace talks and renewed hostilities. Brent crude futures $3.11, or 3.12%, to $96.47 a barrel as of 0913 GMT, while U.S. West Texas Intermediate (WTI) crude…
Top Indian Oil Producer's Quarterly Earnings Miss Estimates
State-run Oil and Natural Gas Corp.'s quarterly profit missed estimates as high crude prices were offset by lower earnings from gas and weaker overall production. The New Delhi-based explorer's net income rose 3.1% in the three months ending March…
European Stocks Near Record as Tech Rallies, Oil Prices Ease
European stocks gained, edging closer to their pre-war record high, as technology shares climbed and easing geopolitical tensions sent oil prices lower. The Stoxx Europe 600 index was up 0.3% as of 9:22 a.m. in Paris, just 0.6% away from its…
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