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 and gas has long-term future if UK Government backs industry, report says
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 UK risks accelerating the decline of the oil and gas…
Oil and gas has long-term future if UK Government backs industry, report says
The UK risks accelerating the decline of the oil and gas industry despite overwhelming industry belief that the basin could still have a long-term future, a report has warned. The paper by Aberdeen and Grampian Chamber of Commerce found 93% of the…
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 price rises towards $100 a barrel as markets cling to US-Iran peace deal hopes - business live
Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Global investors are clinging to hopes that a US-Iran peace deal could be close, but optimism could be waning after fresh US strikes in the…
Oil Futures Mixed as Traders Assess Middle East Developments
0014 GMT — Oil futures are mixed early Tuesday in Asia as traders assess Middle East developments. On the one hand, progress toward a U.S.-Iran deal to end the conflict between the two countries slowed Monday and a media report cited U.S.
Stock markets turn flat amid rise in crude oil prices
Market benchmark indices Sensex and Nifty were trading flat after falling in early trade on Tuesday amid mixed trend in Asian equities and a rise in crude oil prices. The 30-share BSE Sensex declined 264.82 points to 76,224.14 in opening trade. The…
Watch Hormuz Strikes Whipsaw Oil as Asia Braces for Summer Demand | Insight with Haslinda Amin 5/26/2026
Hormuz Strikes Whipsaw Oil as Asia Braces for Summer Demand | Insight with Haslinda Amin 5/26/2026 Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the…
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…
Trump Touts Iran Progress, Oil Prices Lower, More
Bloomberg News Now • Browse all episodes Listen for the latest from Bloomberg News…
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…
Gold slips as US-Iran tensions lift oil, stoke inflation fears
May 26 (Reuters) - Gold fell on Tuesday as fresh U.S. attacks in Iran pushed oil prices higher, fuelling concerns around inflation and higher-for-longer interest rates. * Spot gold was down 0.6% at $4,544.33 per ounce, as of 0049…
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…
Watch Oil Climbs as US Strikes Iran Targets | The Asia Trade 5/26/2026
Oil Climbs as US Strikes Iran Targets | The Asia Trade 5/26/2026 'Bloomberg: The Asia Trade' brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi…
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