Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The body oil beauty fans are calling 'confidence in a bottle
Daily Mail journalists select and curate the products that feature on our site. If you make a purchase via links on this page we will earn commission - learn more A body oil is proving so effective at turning scaly limbs into smooth, soft skin that…
Oil prices jump and markets slide after strikes across Middle East
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. Global oil prices surged and financial markets faltered…
India's Edible Oil, Fertiliser Imports at Risk, Warns Industry
New Delhi: India's imports of edible sunflower oil and key fertiliser inputs face disruption from the escalating US-Iran conflict, while exports of agricultural commodities to the Middle East and Europe could also be hit, industry bodies said on…
Oil spikes 8% and stock futures slide: Here's how markets are reacting to the Iran attacks
Markets were reeling ahead of the new week, with oil surging and US stock futures tumbling on Sunday evening after the weekend attacks against Iran by the US and Israel. Here's a rundown of what major assets are doing: Brent oil, the international…
Oil prices jump and markets slide after strikes across Middle East
Global oil prices surged and financial markets faltered as intense strikes across the Middle East and attacks on ships drove fears of energy supply disruption. London's FTSE 100 opened lower as trading was knocked by the growing conflict between…
Upstream Oil Majors ONGC, Oil India Rally 5% Amid Crude Oil Price Spike
Upstream OMCs ONGC, and OIL India stand to gain from rising crude oil prices triggered by the ongoing US-Israel-Iran conflict. | Image: Unsplash The shares of upstream oil companies ONGC, Oil India rose as much as 5% in trade on Monday, March 2…
Saudi Energy Major Aramco's Oil Refinery Hit Amid Israel-US-Iran Conflict
The oil facility of Saudi Aramco in Ras Tanura, was engulfed in fumes on the third day of the West Asian conflict | Image: X Amid the ongoing US-Israel conflict with Iran, Tehran's Shahed-136 drones struck Aramco's oil refinery in Saudi Arabia. The…
Oil Prices Surge, Stock Futures Fall
Benchmark U.S. crude futures were up 8% at around $72 a barrel, while Brent futures, the global price gauge, also jumped 9% to roughly $79. Futures tied to the S&P 500 fell around 1.4%.
Oil prices surge and stock markets tumble after Middle East attacks
Global oil prices have already climbed following strikes across the Middle East after the US and Israel launched attacks on Iran over the weekend. It comes as Iran continues retaliatory strikes in response to US and Israeli strikes which led to the…
Watch Iran Strikes: What This Means for Oil and Global Markets
Iran Strikes: What This Means for Oil and Global Markets Oil surged the most in four years as traders gauged the impact of the effective closure of the Strait of Hormuz triggered by US-Israeli strikes against Iran. Ruth Carson explains the…
Middle East Conflict Sparks Surge in Oil Prices
Oil prices surged Sunday after the U.S. and Israel traded deadly blows with Iran across the Middle East, leaving Wall Street bracing for the economic fallout of an extended regional war. Benchmark U.S. crude futures rose as much as 11%, trading as…
Oil spikes as widening Iran crisis disrupts flows through Hormuz
OIL surged by the most in four years as traders gauged the impact of the effective closure of the Strait of Hormuz triggered by US and Israeli strikes against Iran, and the latest exchanges of fire in the region. Global benchmark Brent was about 8%…
From Iran to Venezuela to New York, Trump wants to control the world's oil
In 1987, when Donald Trump was first flirting with running for president, he told an audience in New Hampshire that the United States should attack the 'horrible, horrible country' of Iran, 'and take over some of their oil.' In the years since…
Japan on alert over Hormuz as oil risks mount
March 1 (Asia Today) -- Japan is closely monitoring the risk of a potential blockade of the Strait of Hormuz as tensions surrounding Iran intensify, with officials and media warning of possible energy supply disruptions similar to those faced by…
Brits are warned of fuel prices skyrocketing as oil prices surge
Markets are braced for a surge in oil prices today after Iranian reprisals forced the near-closure of a vital shipping route. Motorists in the UK were warned of potential 'record prices at the pumps' while economists predicted that fragile…
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