Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Talarico Thinks Attacking the Texas Oil Industry Is a Good Idea
James Talarico warned voters yesterday that mean old Republicans would take his insane statements 'out of context' to make him look like a radical Leftist. The problem with that argument, of course, is that Talarico truly is a radical Leftist, by…
Oil price drops amid hopes of US-Iran peace deal
Oil prices fell on Friday as investors hoped for the end of the US-Israel war on Iran, leaving the commodity poised for one of the biggest monthly declines ever. The price of Brent crude futures, the global benchmark, fell by 1.3% to $91.54. Brent…
Tourmaline Oil Corp. stock rises Thursday, outperforms market
Shares of Tourmaline Oil Corp. TOU inched 0.47% higher to C$64.10 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.31% to 34,517.70. Tourmaline Oil…
Imperial Oil Ltd. stock falls Thursday, underperforms market
Shares of Imperial Oil Ltd. IMO dropped 2.00% to C$168.73 Thursday, in what proved to be an otherwise all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.31% to 34,517.70. Imperial Oil Ltd.
Watch Markets Cheer Truce Hopes as Oil Falls | Insight with Haslinda Amin 05/29/2026
Markets Cheer Truce Hopes as Oil Falls | Insight with Haslinda Amin 05/29/2026 Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that…
Oil is set for its biggest monthly drop in 6 years, bringing consumers some relief
As May's final day of oil trading is underway, the price of crude is set for its biggest one-month decline in six years, delivering some relief to consumers at the pump and some optimism to investors hoping for an end to sky-high energy prices. As…
Texas oil and gas industry posts modest job gains in April
(The Center Square) - The upstream sector of the Texas oil and natural gas industry posted modest job gains in April, according to the latest data released by the Texas Workforce Commission and the U.S. Department of Labor. It's consistent with…
Oil prices dip amid reports of tentative deal
Oil prices dipped Thursday amid reports that the U.S. and Iran had reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz. International benchmark Brent crude was trading at about $93 per barrel as of Thursday afternoon…
Just like gold and oil, we'll soon be able to trade AI token futures
The most important market of the future could be in LLM tokens — and financial groups are rushing to build new infrastructure for them. China's Shanghai Futures Exchange is currently designing a derivatives market for AI tokens, Reuters…
Alberta Oil Pipeline to Cost Sector $73 Billion, Imperial Says
Alberta's proposed million-barrel-a-day pipeline to the British Columbia coast will require Canada's oil industry to invest more than C$100 billion ($72.5 billion), the chief executive officer of Imperial Oil Ltd. says. Industry will need to invest…
Oil Prices Dip on Hopes for Ceasefire in Iran War - TT
A ticker shows diesel charges at $100 after James Navarro fueled his tow truck on May 15 in Arlington, Texas. (Julio Cortez/AP) World shares hit records on expectations of a U.S.-Iran ceasefire extension. Oil prices slipped on the news, but remain…
Treasuries Set for Best Week Since War Began as Oil Retreats
The US government bond market headed for its best week since the start of the US war on Iran as oil prices declined in anticipation of an agreement to end the conflict. The Treasury market rally trimmed yields across maturities by nine to 12 basis…
Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher
Oil inventories will hit 'really, really low levels' in the coming weeks due to the Middle East conflict, said Exxon Mobil executive Neil Chapman. This will force the price of oil to shoot higher, Chapman said. Crude oil futures prices are below…
Big Oil nurtured 'petro-populists;' now they're driving separatist cause
How many times do Liberal prime ministers have to learn that coddling Alberta gets them nowhere? Justin Trudeau learned that bitter lesson when he tried to woo Alberta by putting up federal money to expand the Trans Mountain pipeline — after…
Extended Iran Ceasefire Considered, Oil Set for May Slide, More
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