Oil Industry News

A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

bbc.co.uk - Michael Race - JP Morgan struggling to forecast oil prices due to US-Iran war
JP Morgan struggling to forecast oil prices due to US-Iran war
BBC

Investment banking giant JP Morgan has said it is struggling to predict how oil prices will be impacted by the US-Iran war, telling investors in a rare note that 'we simply don't know how to model the endgame'. The bank said it 'assumed' at the…

bbc.co.uk - Michael Race - JP Morgan struggling to forecast oil prices due to US-Iran war
JP Morgan struggling to forecast oil prices due to US-Iran war
BBC

Michael Race Business reporter, New York Investment banking giant JP Morgan has said it is struggling to predict how oil prices will be impacted by the US-Iran war, telling investors in a rare note that 'we simply don't know how to model the…

bloomberg.com - Paul Burkhardt - Why One Saudi Pipeline Is Crucial to the Global Oil Market
Why One Saudi Pipeline Is Crucial to the Global Oil Market
Bloomberg

Global oil supply has been squeezed for months as the impasse over reopening the Strait of Hormuz continues. Now, the market is grappling with another setback: the closure of Saudi Arabia's East-West pipeline. The conduit has been a key relief…

thestandard.com.hk - The Standard 英文虎報 - Oil pares losses as market weighs Saudi supply concerns, Middle East tensions
Oil pares losses as market weighs Saudi supply concerns, Middle East tensions
The Standard

Oil prices pared earlier losses on Friday as markets assessed Saudi supply alongside concerns about a widening Middle East conflict. SCROLL TO CONTINUE WITH CONTENT Brent crude futures fell by 33 cents, or 0.31 percent, to US$104.49 a barrel by…

thehill.com - Sarah Davis - Iran says it struck oil tanker in Strait of Hormuz
Iran says it struck oil tanker in Strait of Hormuz
The Hill

Iran says it struck an oil tanker that was attempting to “illegally pass” through the Strait of Hormuz. Tehran's paramilitary Iranian Revolutionary Guard Corps (IRGC) said in a statement shared by state media that it attacked a…

bloomberg.com - Alex Longley - Europe Oil Supply Pressure Mounts After Attack Cuts Saudi Sales
Europe Oil Supply Pressure Mounts After Attack Cuts Saudi Sales
Bloomberg

Europe's oil refiners are paying eyewatering premiums for cargoes, as the shutdown of Saudi Arabia's East-West pipeline forces the region's buyers to scramble for alternatives with fuel prices soaring. Saudi Aramco has responded to the attack on…

upi.com - Oil prices fall on optimism that more Saudi crude will reach markets
Oil prices fall on optimism that more Saudi crude will reach markets
UPI

Sept. 17 (UPI) -- Oil prices fell Friday as investors were optimistic that Saudi crude would reach global markets and ease concerns about supply despite new fighting between Saudi Arabia and Yemen's Iranian-backed Houthis Brent crude futures, the…

bloomberg.com - Rakesh Sharma - Donald Trump Just Made India's Oil Balancing Act Even Trickier
Donald Trump Just Made India's Oil Balancing Act Even Trickier
Bloomberg

This article is for subscribers only. Welcome to our guide to the commodities driving the global economy. Today, New Delhi-based oil reporter Rakesh Sharma looks at the repercussions of shifting US energy policy for India. For the world's…

ttnews.com - Stan Choe - Oil prices swing at end of up-and-down week - TT
Oil prices swing at end of up-and-down week - TT
Transport Topics

A diesel fuel nozzle at a Chevron truck stop in Tracy, Calif. (David Paul Morris/Bloomberg) Wall Street is drifting toward the finish of an up -and-down week. The price for a barrel of Brent crude, the international standard, got to nearly $110…

bloomberg.com - Maciej Martewicz - Orlen CEO Seeks to Diversify Supplies as Strikes Halt Saudi Oil
Orlen CEO Seeks to Diversify Supplies as Strikes Halt Saudi Oil
Bloomberg

Poland's Orlen SA, the biggest oil company in the European Union's east, is seeking to diversify crude supplies as the Middle East conflict disrupts deliveries from key partner Saudi Arabia. Chief Executive Officer Ireneusz Fafara said in an…

wsj.com - Farhan Rafid - Oil Prices Fall for Third Day as WTI Slips Below $100
Oil Prices Fall for Third Day as WTI Slips Below $100
Wall Street Journal

Oil prices fell for a third day Friday, with WTI crude slipping below $100 a barrel as expectations of restored Saudi pipeline flows eased immediate supply concerns. Brent crude futures fell 2.6% to $102.14 a barrel, while West Texas Intermediate…

yahoo.com - Grace O'Donnell - Stock market today: Dow, S&P 500, Nasdaq slip as oil prices rise
Stock market today: Dow, S&P 500, Nasdaq slip as oil prices rise
Yahoo!

Yahoo Finance's Brian Sozzi reports: A worrisome week for humanity is a cash-in week for cybersecurity investors. Shares of top cybersecurity names such as Okta (OKTA), CrowdStrike (CRWD), and Palo Alto Networks (PANW) have ripped this week amid…

wsj.com - Joe Stonor - Stock Futures Rise as Oil Extends Losses, Treasury Yields Rise
Stock Futures Rise as Oil Extends Losses, Treasury Yields Rise
Wall Street Journal

U.S. stock futures extended gains and oil prices continued to fall in early European trade, though Treasury yields largely rose as investors brace for more rate hikes to come. Momentum returned to the trade in artificial-intelligence stocks, with…

independent.co.uk - The Associated Press - Iran says it strikes an oil tanker, and other Mideast developments
Iran says it strikes an oil tanker, and other Mideast developments
The Independent

Iran says it has struck an oil tanker trying to transit the Strait of Hormuz. And South Korea says it is considering expanding the operations of a naval operation in the Gulf of Aden off the Arabian Peninsula to protect its ships and oil routes.

fortune.com - Joseph Hostetler - Current price of oil as of Sept. 18, 2026
Current price of oil as of Sept. 18, 2026
Fortune

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