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 Edges Lower But Supply Risks Linger
0048 GMT — Oil prices edge lower in early Asian trade. “The Trump administration continues to talk up its efforts to support oil flows, with Energy Secretary Chris Wright saying they had recovered to about 80% of their pre-conflict…
91 percent in Texas poll say Iran war raising oil and gas prices
More than 90 percent of Texas voters believe the Iran conflict is raising oil and gas prices, according to a new survey. In the CBS News/YouGov poll, 91 percent of respondents said the war against Iran is making oil and gas prices in the U.S.
Cuba opens oil sector further to private investment under new law
Oct. 19 (UPI) -- Cuba's new oil and gas law took effect Monday, allowing more private businesses and foreign investors to participate in the country's energy industry as the island struggles with fuel shortages and widespread power outages. The…
Asian Refiners in Dispute With Saudis Over 2027 Oil Contracts
Saudi Aramco's term-contract negotiations with Asian oil refiners have run into trouble due to disagreements over outstanding purchases in existing deals, said traders involved in the discussions. The disputes are a byproduct of the Middle East…
AI Selloff Returns, Oil Tops $110 a Barrel
A recovery in artificial intelligence stocks faltered while oil prices ticked back above $110 a barrel, as investors once again pulled back from risk. Nasdaq futures fell 0.3% after the index jumped over 1% Monday, as AI infrastructure stocks come…
Veterinarians recommend fish oil for dogs, and these ones meet the highest quality standards
The best fish oil for dogs can support your pet's health in several important ways. Studies show it may help with arthritis and joint health, skin allergies, coat health, immune function, and cardiovascular health. The omega-3 fatty acids DHA and…
My fried egg was tastier when I ditched olive oil and butter for simple item
As a huge egg enthusiast, my go-to method is scrambling them with a tablespoon of Greek yoghurt. Recently, though, I've found myself craving something simpler — a classic fried egg. Over time I've experimented with adding flavour through…
GSG: Oil Drives It, Metals And Crops Decide The Rest (NYSEARCA:GSG)
The iShares S&P GSCI Commodity-Indexed Trust ETF is heavily weighted to energy (51.8%), with oil as its largest component. GSG benefits from the current backwardation in oil futures but faces high volatility and is trading over 20% above its…
BP oil disaster linked to 60% collapse in deep-sea marine life
Marine populations in the deep waters of the Gulf of Mexico plummeted by roughly 60 percent in the years following the 2010 Deepwater Horizon explosion, with little evidence of recovery, a new study has revealed. In a critical mid-water area of the…
UK fuel supplies could be devastated by oil strikes
There are fears UK fuel supplies could be impacted The UK's petrol and diesel fuel supplies could become “severely affected” by North Sea oil strikes, according to unionists, with workers planning industrial action in the coming…
Oil Prices Up as Traders Weigh Middle East Supply Risks
Oil prices were up Tuesday as traders weighed persistent Middle East supply risks against signs of recovering Gulf crude exports and prospects for additional Russian energy supplies. December Brent crude futures rose 0.3% to $109.90 a barrel, while…
Oil eases as markets assess potential waiver on Russian energy, Middle East supply risks
Oct 20 (Reuters) – Oil prices fell on Tuesday as markets weighed an executive order from US President Donald Trump that waived some sanctions and tariffs tied to Russian energy exports, while attacks on Saudi Arabia and Yemen kept…
'We're not afraid of risk': Big Oil goes back to Iraq
You have reached your maximum number of saved items. Remove items from your saved list to add more. You've used all of your gift articles. 3 more will become available on the 1st of every month. “Buy to the sound of cannons, sell to the…
Marine life dramatically declined in Gulf of Mexico in years after BP oil spill, study finds
WASHINGTON — In a deep, dark part of the Gulf of Mexico, the number of marine animals plummeted by about 60% in the years following the 2010 Deepwater Horizon explosion, a new study found. In a crucial part of the Gulf between the light…
Oil prices dip, but remain elevated on war uncertainty - TT
A driver refuels a vehicle with gasoline at a gas station in San Jose, Calif. (David Paul Morris/Bloomberg) Brent crude remains near its highest level since May. It's been yo-yoing between $97 and $110 this month on uncertainty about when the war…
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