Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Diamondback Energy (FANG) Gains from Oil Price Shocks
Yachtman Asset Management released its first-quarter 2026 investor letter for its AMG “Yacktman Focused Fund”. A copy of the letter is available to download here. The Fund returned 10.37% for the first quarter, outperforming both the…
America's emergency oil reserve is shrinking fast
America's oil stockpiles are shrinking rapidly, with U.S. crude inventories posting consecutive weekly declines, exports surging and the country drawing down from its emergency supplies to offset the impact of the war with Iran on global energy…
Oil Sands Firms Can Afford Carbon Capture, Canadian Energy Minister Says
Canadian Energy Minister Tim Hodgson said he's “highly confident” that Alberta oil sands companies can absorb the cost of building carbon capture, despite their protests that Canada's climate rules hurt their global competitiveness.
Oil prices dip amid optimism over potential US-Iran deal
Oil prices decreased early Monday amid negotiations between the Trump administration and Iran on reopening the Strait of Hormuz and ending the Middle East conflict. West Texas Intermediate crude futures, the benchmark for North American markets…
Oil slips 6pc as US, Iran seen moving closer to peace deal
Oil prices fell six percent to two-week lows on Monday, as optimism grew that the United States and Iran were moving closer to a peace deal, even though they remain at odds over key issues, such as blockades on the Strait of Hormuz. SCROLL TO…
Oil prices fall below $100 a barrel on hopes of Iran peace deal
Oil prices have fallen below $100 a barrel and stock markets have risen on hopes that the US and Iran are inching closer to a peace deal. Brent crude futures, the global oil benchmark, were down 5.5% to just below $98 a barrel, the lowest levels in…
Oil prices slide on hopes of US-Iran peace deal
Oil prices have fallen sharply on hopes of a deal that could bring an end to the US-Israel war with Iran. On Saturday, US President Donald Trump said an agreement with Tehran had been 'largely negotiated' and details would be announced soon but the…
Oil-Rich Alberta Now Preparing Vote on Leaving Canada
Canada's prairie provinces, including Alberta, Saskatchewan, and Manitoba, are in some ways more like the western United States than the rest of Canada. They are more independent, more reliant on agriculture and the energy sector, with lower…
Oil prices slide on hopes of US-Iran peace deal
Peter Hoskins Business reporter Oil prices have fallen sharply on hopes of a deal that could bring an end to the US-Israel war with Iran. On Saturday, US President Donald Trump said an agreement with Tehran had been 'largely negotiated' and details…
Oil Plummets Below $100 As Rubio Says Iran Deal Could Happen 'Maybe Today'
Secretary of State Marco Rubio said on Monday that the U.S. could have some news to announce “maybe today” on a deal with Iran, but reiterated President Donald Trump's remarks about not being in a hurry, as optimism about a potential…
Dollar drifts lower as oil falls on Hormuz deal optimism
By Gregor Stuart Hunter and Lucy Raitano SINGAPORE/LONDON, May 25 (Reuters) - The dollar fell against major currencies on Monday as hopes of a deal to reopen the Strait of Hormuz pushed oil prices below $100 per barrel, even as the U.S. and…
Oil drops below $100 per barrel, but gas prices remain high in U.S.
May 25 (UPI) -- With the United States and Iran reportedly nearing a peace deal, oil prices fell slightly below $100 per barrel early Monday, suggesting optimism from traders to start the week. Gas prices also declined slightly in the United States…
Crude Oil Drops on Iran Talks, Pope: Disarm AI, More
Bloomberg News Now • Browse all episodes Listen for the latest from Bloomberg News…
Watch Deal Or No Deal? Oil Falls On Hope | Insight with Haslinda Amin 5/25/2026
Deal Or No Deal? Oil Falls On Hope | Insight with Haslinda Amin 5/25/2026 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 matter. The…
JGBs Rise Amid Falling Crude Oil Prices
0010 GMT — JGBs rise in price terms in the early Tokyo session amid falling crude oil prices that could ease inflationary pressures in Japan. The decline in oil prices comes amid hopes of a U.S.-Iran deal to reopen the Strait of Hormuz, a…
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