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 truth behind Donald Trump's 'biggest oil deal in world history'
Donald Trump has long coveted the oilfields of other nations and declared an agreement with Venezuela to be “the biggest oil deal in world history”. But the deal, reached after the US seized Venezuelan president Nicolás Maduro…
Russia burns as fire erupts at oil refinery after Ukraine defies Trump's demand
Ilsky oil refinery in Krasnodar was hit by a Ukrainian attack Ukraine has claimed responsibility for an attack on yet another oil facility deep inside Russia. Overnight, the Ukrainian Defence Forces struck the Ilsky Oil Refinery, located in the…
Steak will have 'beefier flavour' if you ditch usual oil for overlooked ingredient
Steak will be 'beefier' if you cook it with an overlooked ingredient Steak is often cooked with oils such as olive and vegetable oil, but one chef insists there's a much better cooking ingredient for boosting its flavour. Whether it's sirloin…
Behind the scenes: summit row and oil deal test Hungary-Ukraine ties
A diplomatic dispute over Hungary's participation in a Ukrainian-led regional summit, followed by the disclosure of an oil-storage agreement between Hungarian energy group MOL and Ukraine's Naftogaz, has driven relations between Budapest and Kyiv…
Trump stonewalls Iran as U.S. helps double oil volume exiting the Persian Gulf, with the military now guiding ships through Hormuz in broad daylight
President Donald Trump signaled he's in no hurry to make a deal with Iran and rejected Tehran's latest proposal, as the U.S. military facilitates the transit of more oil through the Strait of Hormuz. The Islamic Republic had reportedly offered a…
Chevy's New V8: Why Cars Will Have Engine Oil Dipsticks But Trucks Won't
Among the oldest engines still in production today is the small-block Chevy (SBC) V8, and you may have heard that GM recently took the covers off the latest entrants into the sixth-gen family — the 5.7-liter L76 and 6.6-liter L78. While the…
The crop at the centre of India's edible oil self-reliance push
For all the debate about edible oil self‑reliance, one fact is still not stated clearly enough: India's strategy depends on how it handles palm oil. India is the largest buyer of this commodity in the world, importing more than 9 million…
Oil price reprieve helps stocks finish week higher | Arkansas Democrat Gazette
NEW YORK -- A cooldown in oil prices on Friday helped release some of the pressure that's built up on Wall Street, and U.S. stocks closed out their first winning week in the last three. The S&P 500 added 0.5% to break a three-day losing streak…
Rethinking palm oil: What science really says about its nutritional profile
For decades, Indian kitchens have used a wide variety of cooking oils, each chosen for its flavour, season, or regional tradition. Palm oil is one of them. Yet unlike mustard, groundnut, or sunflower oil, palm oil often carries a cloud of…
For Retirees Who Want Oil Income: Chevron vs. ExxonMobil
For a retirement-focused investor looking at oil majors today, the choice comes down to Chevron versus ExxonMobil (NYSE:XOM), and the question is simple: Which one deserves the closer look right now for durable oil-patch income? Both are Dividend…
Total, Socar, XRG Launch New Phase of Azerbaijan Gas Project
Azerbaijan's state oil company Socar, French energy giant TotalEnergies SE, and Abu Dhabi National Oil Co. 's XRG unit approved a project to boost natural gas production in the Caspian Sea. Production of the second phase of the Absheron…
Thai PM Anutin's Support Drops in Latest Poll as Pressures Rise
Public support for Thai Prime Minister Anutin Charnvirakul and his Bhumjaithai Party has plunged, according to an opinion poll, as his government confronts rising oil prices and a court ruling that may threaten its hold on power. Only 13.8% of…
What Moved Markets This Week
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify. Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest…
Russian, Ukrainian strikes leave 10 dead as Trump calls on Zelenskyy to 'settle with Putin'
KYIV, Ukraine — Russian attacks killed four people across Ukraine, officials said on Saturday, while Ukraine continued to target Russian oil refineries and industrial sites with long-range drones. The intensifying aerial war between Moscow…
Magnolia Oil & Gas Corp (NYSE:MGY) Receives Consensus Recommendation of 'Moderate Buy' from Analysts
Shares of Magnolia Oil & Gas Corp (NYSE:MGY - Get Free Report) have earned a consensus rating of 'Moderate Buy' from the eighteen research firms that are presently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a…
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