Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The great oil delusion: Energy shocks are just a shadow rate rise
Global markets have undergone a sharp and perhaps reflexive reassessment of the path for monetary policy. Only a few months ago, the consensus was clear – investors were confident that the US and Australia would begin a meaningful easing…
Iran responds to Trump power plant threat with oil warning
Iran's parliament speaker warned that any attack on his country's power plants or infrastructure would trigger retaliatory strikes by Tehran on energy and oil facilities across the Middle East. The comments by Mohammad Bagher Ghalibaf were in…
Trump Planned for Big Oil's Global Dominance. Then He Went to War With Iran
From capturing Venezuela's president to attacking Europe's methane rules, President Donald Trump had created a slipstream for his oil-industry backers to expand production of fossil fuels and boost profits. But his war against Iran, now entering…
Oil futures face new pressure as the US and Iran trade threats to strike key infrastructure
Oil prices are expected to come under renewed pressure when markets reopen after the US and Iran traded threats over the weekend. The price of a barrel of oil has surged from about $70 to more than $100 since the US and Israel began bombing Iran on…
Eyes on 3D Energi as oil and gas giant Conoco flexes buy-out rights
Before the United States and Israel's war in Iran forced nations to rethink gas supplies, the Australian government was already trying to solve a “tight supply forecast” for the east coast gas market. Now, as this double whammy supply…
The New Weapons of Global Power Are Oil, Rare Earths and Microchips
Iran's move to choke off the Strait of Hormuz and turn crude oil into a weapon of war marks a new phase in the 21st-century competition for global power—one that will be defined by the control of critical raw materials and energy. In the…
Watch Oil & Gas Prices Highest in Years
Oil & Gas Prices Highest in Years Dustin Meyer, American Petroleum Institute's SVP of Policy, Economics and Regulatory Affairs joins David Gura and Christina Ruffini this morning on Bloomberg This Weekend to discuss the extended impact the Iranian…
West Asia conflict, crude oil prices to steer stock markets this week
Ongoing tensions in West Asia and fluctuating crude oil prices are set to heavily influence Indian stock market trends, making investor sentiment particularly sensitive in the coming week. Escalating tensions in West Asia and rising crude oil…
As Labor faces pressure to respond boldly to oil shock, it needs to find more unconventional levers to pull
The International Energy Agency suggested Australia reduce road speed limits, restrict car use in big cities and encourage more working from home in a bid to nullify what it called the “greatest threat to global energy supply in the history…
Tanker laden with Russian oil arrives in India
A Russian oil-laden tanker, MT Aqua Titan, chartered by Mangalore Refinery and Petrochemicals Ltd (MRPL), has arrived in India on Sunday amid growing concerns over global energy supply due to the escalating conflict in West Asia. The tanker is…
What's Happening in EM: Oil Surge Upends Local Bonds
Vinicius Andrade and Zijia Song discuss the shift in global interest rates expectations caused by higher energy prices and how that's derailing bets on emerging markets local assets — one of the most popular EM trades over the past year.
Oil prices are set to rise further as war in the Middle East escalates
Oil prices look set to rise further on Monday, having closed before the weekend at their highest in nearly four years, after U.S. and Iranian threats to target energy facilities, analysts said on Sunday. U.S. President…
Hong Kong firms face profit squeeze as US importers cut orders amid oil crisis
Some United States importers have cut orders and shifted to short-term contracts after the Middle East conflict triggered a global oil crisis, according to Hong Kong business leaders, who warned of eroding profit margins and strained liquidity.
2 Great Dividend-Paying Oil Stocks to Buy as Oil Surges
The market volatility stemming from the conflict in Iran is enough to rattle the nerves of even the most experienced investors. While some are fleeing to gold investments to fortify their portfolios, there are better opportunities than the precious…
Iranian Americans in Plano rally as war intensifies and oil prices rise
Every weekend since the Iran war began, a group of Iranian Americans has been rallying in Plano. 'Iran is going through a very difficult time at this time,' Michael Pima said. 'There's war, but it's unusual to say that it is welcomed by the…
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