Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
We Could Be Weeks From $140 To $160 A Barrel Oil, Say Industry Experts
Oil field with rigs at sunset. World Oil Industry A proposed deal with Iran — yet another in a series that have been emerging as regularly as weekly video entertainment episodes — again seems to have set off reactions among oil…
Mizuho Raises Devon Energy (DVN) Price Target as Higher Oil Prices Support Outlook
Devon Energy Corporation (NYSE: DVN) is included among the 10 Best Long-Term Dividend Stocks to Invest In According to Billionaires. Mizuho analyst Nitin Kumar raised the firm's price recommendation on Devon Energy Corporation (NYSE:DVN) to $68…
Chef urges home cooks to add 1 ingredient to steak before cooking - not oil
Cooking a steak may seem like a doddle on the outset – as all you need is a hot pan, a pinch of seasoning and a couple of minutes on each side. However, executing the dish is easier said than done. Too long in the pan can make the meat dry…
Green Retreat: California Eases Carbon-Market Costs For Oil Refiners
California's green-energy regime has hollowed out the state's refining and oil industry, leaving motorists paying the highest gasoline prices in the country. AAA data show the state gasoline average now north of $6 per gallon, compared with a…
EU Weighs Temporary Freeze on Russia Oil Price Cap Over Iran War
The European Union is considering a temporary freeze to its price cap on Russian oil as the war in the Middle East continues into a fourth month, said people familiar with the matter. The bloc adopted a dynamic mechanism last year to ensure that…
EU considers freezing Russian oil price cap - Bloomberg
The EU is mulling a temporary freeze on its price cap on Russian oil as the US-Israeli war against Iran led to soaring energy prices and global economic shock, Bloomberg reported on Sunday, citing sources. The proposed measure is part of the EU's…
Miliband's oil drill ban wrecking UK as we pay Norway £20bn year for energy
FORMER oil rig worker Gary Hunter has one word to describe eco- fanatic Ed Miliband's rush to Net Zero – “madness”. Since Labour came to power in 2024, the windfall tax imposed on oil and gas company profits soared to 38 per…
Omega-3 fish oil shows promise against type 2 diabetes
The work was funded by FAPESP and focused on Goto-Kakizaki rats, a well established animal model used to study non-obese type 2 diabetes. Type 2 diabetes is marked by high blood sugar that occurs when insulin, the hormone that helps move glucose…
Trump Admin Uses Iran War Oil Shock to Push Drilling in Alaskan Wilderness
Honest, paywall-free news is rare. Please support our boldly independent journalism with a donation of any size. The Trump administration and fellow Republicans are citing the Iran war as a pretext for oil drilling in Alaska, in an attempt to…
Ukrainian drones cause fires at Russian oil depots | Arkansas Democrat Gazette
Ukrainian drone strikes caused fires at more Russian oil facilities overnight into Saturday, Russian officials said, in what appeared to be the latest attack on Moscow's vital oil industry. Authorities in Russia's Rostov region said falling drone…
Mistras Group: A Beneficiary From High Oil & Gas Production (NYSE:MG)
Mistras Group is rated a buy, driven by recovering upstream oil activity and strategic focus on higher-margin segments like data centers and aerospace. MG's Q1 2026 revenue grew 5% to $169M, with infrastructure and aerospace segments offsetting an…
Kyiv Says Struck Russian Pipeline and Oil Depot
Ukrainian drones on Sunday struck an oil depot in southern Russia and a pumping station hundreds of kilometres from the front, Kyiv said, with Russian officials confirming strikes in the areas. Kyiv has stepped up strikes on Moscow's infrastructure…
Not oil or butter - coat steak in 1 ingredient for 'perfect sear' in pan
Add this ingredient to your steak before frying and basting in the pan Cooking a steak might appear straightforward at first – because all that's required is a hot pan, a touch of seasoning and a few minutes on either side. Yet, pulling off…
Shortages And Rationing Loom As Global Oil Reserves Fall At Fastest Rate In History
No matter what happens now, the world is facing a very painful energy crisis. Let's be as wildly optimistic as we possibly can and assume that Iran agrees to allow free passage through the Strait of Hormuz with absolutely no tolls or restrictions…
Oil barons once ruled here-now this rare Houston mansion hits market
Long before River Oaks became Houston's shorthand for old-money prestige, the city's earliest power brokers were already building a private world behind gates just south of downtown. That world still exists today inside Courtlandt Place —an…
Receive a Daily briefing on Oil Industry News
Get Started