Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Oil Tanker Fleeing the Coast Guard Now Listed in Russian Ship Database
The oil tanker fleeing American forces in the Atlantic Ocean has been formally renamed and added to an official Russian database of vessels registered in that country, potentially complicating U.S. efforts to board the runaway ship. According to…
Oil prices record steepest annual fall since Covid pandemic
Oil markets have recorded their steepest annual fall since the Covid pandemic and could be on track to plummet further as oil producers continue to pump more crude than needed by the global economy. Oil prices slumped by almost 20% in 2025, marking…
Ticker: Trump hits pause on some tariffs; US sets Venezuela oil sanctions
President Donald Trump speaks during a roundtable on farm subsidies in the Cabinet Room of the White House, Monday, Dec. 8, 2025, in Washington. (AP Photo/Alex Brandon) President Donald Trump signed a New Year's Eve proclamation delaying increased…
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Rosemary Oil vs. Castor Oil: Which Is More Effective for Hair Growth?
Rosemary oil helps increase blood flow to the scalp, which may help stimulate hair growth. Castor oil helps moisturize hair and soothe the scalp, which may help you grow healthier hair. Both rosemary oil and castor oil are generally safe to use…
US imposes new sanctions on Venezuela's oil sector
The United States Department of the Treasury on Wednesday (local time) imposed sanctions on four companies operating in Venezuela's oil sector and identified four oil tankers as blocked property, according to an official release. The move is part…
Oil posts biggest annual decline since 2020; Brent seen near $55 in the near term (CL1:COM:Commodity)
Follow us on Google for the latest stock news Oil capped its worst annual rout since 2020 as a growing supply glut overwhelmed a year punctuated by wars, sanctions and periodic threats to global energy flows. Front-month Nymex crude (CL1:COM) ended…
US sanctions Chinese companies and tankers with Venezuela links
The Trump administration stepped up a pressure campaign against Venezuela's oil exports by sanctioning companies based in Hong Kong and mainland China, along with related oil tankers it accused of evading restrictions. The US Treasury Department's…
Broker's call: Oil India (Buy)
Oil India's material subsidiary, Numaligarh Refinery Ltd (NRL), was supposed to commence operations of the expanded refinery capacity (from 3 mtpa to 9 mtpa) in phases from December 2025. However, the commencement of refinery operations has been…
Russia asks US to stop pursuit of fleeing oil tanker, NY Times reports
Sign up now: Get insights on Asia's fast-moving developments Published Jan 02, 2026, 02:59 AM Jan 1 - Russia has asked the U.S. to stop its pursuit of an oil tanker that was heading to Venezuela and is now fleeing the U.S. Coast Guard in the…
Top Oil Stocks To Keep An Eye On - January 1st
4 Canadian Oil Stocks That Are Filling the Heavy Crude Gap Exxon Mobil, Chevron, and Valero Energy are the three Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are shares of publicly traded companies involved…
Oregon vs. Texas Tech live updates: College Football Playoff Orange Bowl game score, predictions, latest
No. 5 Oregon takes on No. 4 Texas Tech in the College Football Playoff quarterfinal round at the Orange Bowl. Follow along for live updates and real-time analysis from The Athletic 's college football staff. Kickoff: Noon ET TV: ESPN Streaming:…
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Beef Tallow, Instant Food and More Food Trends Whole Foods Is Predicting for 2026
Whole Foods released its 2026 food trend predictions “Freezer Fine Dining” and 'Focus on Fiber” are just two of the eight trends The retailer publishes an annual report guessing the following year's food trends The grocer's…
Russia accuses Ukraine of killing people in hotel strike
Russia has accused Ukraine of killing 24 people in an alleged drone strike on a cafe and hotel in the Russian-occupied Kherson region. In a statement Vladimir Saldo, the Kremlin-installed governor of Kherson, has made currently unverified…
Warri monarch to environment ministry: Abigborodo oil field rightly named - The Nation Newspaper
The Alema of Warri Kingdom, Chief Emmanuel Oritsejolomi Uduaghan, has asked the Federal Ministry of Environment to discountenance the protests by the Udogun Okpe (Orode-in-Council) over the naming and location of the proposed Abigborodo oil field…
US sanctions Venezuelan oil firms, blocks tankers in fresh crackdown on Maduro
The U.S. on Wednesday imposed sanctions on four firms operating in Venezuela's oil sector and designated four additional oil tankers, which the U.S. accuses of being part of a shadow fleet serving Venezuelan President Nicolás Maduro's…
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