Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Lawmakers, oil industry worry about gas prices, shortages
(The Center Square) – Under a cloudy sky, highway traffic noise from State Route 99 within earshot, 76 gas station manager Diksha said she is feeling the pain at the pump. “I go fill up my tank at Costco,” Diksha, who goes by a…
Daily on Energy: Oil on edge, Trump boosts hunters, and a BP shakeup
Welcome to Daily on Energy, written by Washington Examiner energy and environment writers Callie Patteson (@CalliePatteson) and Maydeen Merino (@MaydeenMerino). Email cpatteson@washingtonexaminer dot com or mmerino@washingtonexaminer dot com for…
Barcelona, the oil business, and sportswashing allegations in the Amazon
The River Caqueta snakes nearly 1,800 miles into the heart of the Amazon rainforest. Here, in the remote Colombian region of Putumayo, football's global reach is evident. An indigenous boy on the roadside wears a Barcelona jersey. So too does a…
Oil Prices Fall Sharply As Traders Eye Progress In U.S.-Iran Talks
Storage tanks at an oil refinery in Yokohama, Kanagawa prefecture, Japan. (Photo: Yuichi Yamazaki) Oil prices fell on Wednesday as traders eyed signs of progress in the latest round of talks between the U.S. and Iran. At 8:57am EDT, the Brent…
Oil Prices Decline as Financial Markets Rise - TT
Fuel prices at a station in Denver. (David Zalubowski)/AP) Oil prices are still at the center of action on the financial markets. The boom in AI drove heavy buying of computer chipmakers and other technology companies after the latest rally on Wall…
Anti-Islam candidate declares victory in GOP primary for Texas oil agency
Wright faced off against French on Tuesday in a tight runoff election after neither of the candidates was able to secure more than 50% of the vote during the March primary. At the time, Wright secured 32.1% of the vote, while French received…
Fired BP chair disputes oil company's claims of poor conduct
The ousted chair of BP, Albert Manifold, has accused the oil company of firing him without warning and disputed reports about his conduct, amid the latest boardroom turmoil to rock the company. In an emailed statement, Manifold said he was…
FTSE 100 edges up and oil sinks amid peace optimism
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. The FTSE 100 nudged higher on Wednesday and the oil price…
BOJ's Ueda warns of oil shock's impact on entire inflation regime
Bank of Japan Gov. Kazuo Ueda indicated the need for vigilance over the impact of oil price spikes on the underlying inflation trend without dropping a clear hint on how that dynamic might influence the outcome at next month's policy meeting.
Liquid gold: Extra virgin olive oil's health benefits for your mind and body
Sign up for the best picks from our travel, fashion and lifestyle writers. I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. As a certified olive oil sommelier (yes, a real thing) I believe…
Oil Declines as Markets Gauge Prospects of Hormuz Reopening
0018 GMT — Oil declines in early Asian trade as traders weigh the prospects of a U.S.- Iran deal. There's hope for an agreement to reopen the Strait of Hormuz, despite renewed hostilities. Tehran's signaled that the strikes wouldn't derail…
Far-Right Candidate Who Wants to Deport 100 Million People Leads Incumbent in GOP Runoff for Texas Oil Regulator
The Republican primary runoff ran for the open Texas Railroad Commissioner position was too close to call as of Wednesday morning, with extremist candidate Bo French leading the incumbent by less than 15,000 votes, according to the Associated…
FTSE 100 edges up and oil sinks amid peace optimism
The FTSE 100 nudged higher on Wednesday and the oil price fell amid fresh hopes for progress in talks between the US and Iran. The FTSE 100 closed up 13.62 points, 0.1%, at 10,505.01. The FTSE 250 ended up 57.49 points, 0.3%, at 23,384.98, and the…
This airline stock could be a big winner as oil prices stabilize. How to trade it
United Airlines has gone from one of the more vulnerable names during the oil shock to an attractive cyclical recovery setup in the airline industry. The stock has reclaimed its 200-day moving average and relative strength is improving as investors…
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