Oil Industry News

A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

ttnews.com - Jennifer A. Dlouhy - Energy secretary warns oil industry as diesel debate rages - TT
Energy secretary warns oil industry as diesel debate rages - TT
Transport Topics

Energy Secretary Chris Wright attends the G20 Ministerial Meeting on Energy Abundance in Houston on Sept. 15. (Mark Felix/Bloomberg) Energy Secretary Chris Wright told oil executives to prepare for possible U.S. diesel export curbs as the Trump…

cnbc.com - Spencer Kimball - Oil industry warns a diesel export ban will raise fuel prices as Trump weighs restrictions
Oil industry warns a diesel export ban will raise fuel prices as Trump weighs restrictions
CNBC

This week, President Donald Trump indicated support for a diesel export ban. Shares of U.S. refiners fell after Politico reported that the Trump administration is preparing a plan to ban diesel exports for 90 days. But Energy Secretary Chris Wright…

marketwatch.com - Energy Shares Rise As Oil Snaps Losing Streak -- Energy Roundup
Energy Shares Rise As Oil Snaps Losing Streak -- Energy Roundup
MarketWatch

Rising oil prices buoyed energy stocks, the only sector to gain as markets worry about the inflationary impact of energy costs. U.S. crude oil stockpiles unexpectedly rose last week, as exports fell and refineries cut runs, but gasoline inventories…

wsj.com - Benoît Morenne - Exclusive | Behind the Oil-and-Gas Industry's Blitz to Try to Defeat a Diesel Export Ban
Exclusive | Behind the Oil-and-Gas Industry's Blitz to Try to Defeat a Diesel Export Ban
Wall Street Journal

When the oil-and-gas industry heard President Trump back the idea of a ban on diesel exports, it pulled out the bazooka. Shortly after Trump made his suggestion Tuesday, Mike Sommers, chief executive of the American Petroleum Institute, the…

standard.co.uk - Jeremy Cutler - Stocks struggle amid oil, bond price volatility
Stocks struggle amid oil, bond price volatility
Evening Standard

News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Stocks in London ended lower on Thursday as investors…

washingtonexaminer.com - David Sivak - High diesel prices strain GOP alliance with Big Oil
High diesel prices strain GOP alliance with Big Oil
Washington Examiner

The average cost of diesel stands at $6.52 a gallon as of Wednesday, according to AAA – an increase of more than 80% from a year ago in the hardest-hit states, many of them competitive in the November midterm elections. The response from the…

bloomberg.com - Geoffrey Morgan - US Stock Futures Drop as Yields Climb Further, Oil Rises
US Stock Futures Drop as Yields Climb Further, Oil Rises
Bloomberg

Stock futures slumped Thursday amid a surge in bond yields and a fresh climb in oil prices, which is dragging down the broader market despite renewed optimism about AI after Meta Platforms Inc. 's rollout of a popular new tool. Contracts on the S&P…

independent.co.uk - Jeremy Cutler - Stocks struggle amid oil, bond price volatility
Stocks struggle amid oil, bond price volatility
The Independent

Stocks in London ended lower on Thursday as investors weighed developments in the US- China summit and kept a watchful eye on elevated bond yields and oil prices. In London, the FTSE 100 index ended down 25.27 points, 0.2%, at 10,679.99. The FTSE…

theguardian.com - Rachel Hall - Backlash as Indian oil heir made professor of sustainability by Newcastle University
Backlash as Indian oil heir made professor of sustainability by Newcastle University
The Guardian

Newcastle University is facing a backlash from conservationists over the appointment of the heir to an Indian oil and gas fortune who runs a controversial mega-zoo as a professor of sustainability. The university announced that Anant Ambani had…

bloomberg.com - Jonathan Tirone - Rising Oil Prices Drive Europeans Towards Electric Vehicles
Rising Oil Prices Drive Europeans Towards Electric Vehicles
Bloomberg

Seven months into the US-Iran war, structural changes to Europe's economy are taking hold. The unintended consequences of the conflict are turning into a boom for climate advocates seeking to lower greenhouse gas emissions. After years of broadly…

zerohedge.com - Tyler Durden - Futures Tumble As Yields Hit Multi-Decade Highs, Oil Surges
Futures Tumble As Yields Hit Multi-Decade Highs, Oil Surges
Zero Hedge

Futures are lower with Tech underperforming as part of a global risk-off tone with few areas of safety, driven by a global bond rout that has sent yields across the globe to levels not seen in a generation. As of 8:00am ET, S&P futures are 0.6%…

ttnews.com - Yuri Kageyama - Oil prices increase, gas prices tick higher - TT
Oil prices increase, gas prices tick higher - TT
Transport Topics

A driver fills up at a gas station in Racine, Wis., on Sept. 22. (Nam Y. Huh/AP) The cost for a gallon of regular gasoline in the U.S. ticked higher to an average of $4.48 on Sept. 24, according to motor club AAA. Diesel, which reaches into almost…

bbc.co.uk - Nathalie Jimenez - How the oil capital of the US welcomed a solar power boom
How the oil capital of the US welcomed a solar power boom
BBC

Steve Cargil's family has farmed the flat, dry land around Uvalde, a small city in southwest Texas, since 1953. Cargil, 67, had always assumed that one of his three children would eventually take it over, the way he had from his father. But that…

bbc.co.uk - Nathalie Jimenez - How the oil capital of the US welcomed a solar power boom
How the oil capital of the US welcomed a solar power boom
BBC

Nathalie Jimenez Business reporter Steve Cargil's family has farmed the flat, dry land around Uvalde, a small city in southwest Texas, since 1953. Cargil, 67, had always assumed that one of his three children would eventually take it over, the way…

fortune.com - Joseph Hostetler - Current price of oil as of Sept. 24, 2026
Current price of oil as of Sept. 24, 2026
Fortune

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