Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Edible oils, industry essentials drive growth outlook; FMCG recovery gradual, says Report
The outlook for the edible oils and agri-linked consumer staples sector remains constructive, led by strong volume growth in core categories and improving demand dynamics across industrial segments, according to a recent research report by Nuvama.
US Stock Futures Fall, Oil Climbs on Trump Threats: Markets Wrap
(Bloomberg) -- US equity-index futures fell and oil extended gains after President Donald Trump signaled a sharp escalation in the Iran war, heightening the risk of an energy shock already weighing on the global economic outlook. Futures contracts…
Oil Shock Is Adding Stress to the Global Economy
This article is for subscribers only. Oil markets have been pitched into turmoil by the war in Iran, and the effects will likely be long lasting and far reaching. After a meeting on Sunday, OPEC+ warned that the damage to Middle East energy assets…
Crude Oil Price Surge: How Iran Tensions and Supply Issues Impact Markets
Escalating tensions with Iran and persistent supply disruptions are driving crude oil prices higher, impacting global energy markets and raising concerns about future supply. Crude oil prices are surging due to heightened geopolitical tensions…
Surging oil prices push Hong Kong's laundry sector to freeze hiring, halt orders
Surging oil prices are driving up costs for Hong Kong's laundry sector, with the tripling of fuel prices forcing some operators to turn down new orders and freeze hiring. An industry representative said on Monday that the price of industrial…
Trump Issues Iran Threats, Oil Swings, More
Bloomberg News Now • Browse all episodes Listen for the latest from Bloomberg News…
Saudis Raise Oil Price to Record Premium as War Riles Markets
Saudi Arabia raised the price of its main oil grade to Asia to a record as Iran's near closure of the Strait of Hormuz throttles regional energy flows and uncertainty over the duration of the conflict convulses markets. State oil producer Saudi…
Oil Futures Rise Amid Increased Supply Disruption Concerns
2338 GMT — Oil futures rise in early trade amid increased concerns over supply disruptions spurred by President Trump's remarks over the weekend. Trump threatened to destroy all of Iran's power plants if the nation's leaders don't agree to…
RICHARD TICE: It's our patriotic duty to tap ALL our oil reserves
Britain's energy policy is a national embarrassment. For years, successive governments have insisted on pursuing an aggressive green agenda, which has prioritised decarbonisation over domestic energy security. The Conservatives started it with…
Stock markets drop in early trade on surging oil prices
Benchmark indices Sensex and Nifty declined in early trade on Monday as crude oil prices climbed amid fears of further escalation in the West Asia the war. Relentless foreign fund outflows also dented markets' sentiment. The 30-share BSE Sensex…
Oil, War And The Global Economy: The Market's Narrative In March 2026
Aswath Damodaran 15.07K Followers As with almost every event in the Middle East, the effects of the Iran War played out first in oil prices, and oil has been the lead player in March, surging and volatile, but with disparate impacts even within…
Why Is U.S. Oil Trading Higher Than Brent?
You might be surprised to see West Texas Intermediate oil prices above those for benchmark Brent. In fact, WTI contracts are still cheaper than comparable Brent prices. The apparent premium is a function of how the two contracts work, and the huge…
Why this oil shock is different
The outcome of the Iran war remains unclear, but the resulting oil shock has revealed a novel vulnerability in the global economy. Never has the world entered a crisis of any kind with such high deficits and debt levels. This burden will limit the…
OPEC nations agree to adjust oil production: What to know
With gas prices climbing across much of the world and the Iran war continuing to disrupt global energy flows, the eight countries who are a part of the Organization of the Petroleum Exporting Countries (OPEC) met on Sunday to implement a new round…
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