Oil Industry News

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

thecentersquare.com - Madeline Shannon - Lawmakers, oil industry worry about gas prices, shortages
Lawmakers, oil industry worry about gas prices, shortages
The Center Square

(The Center Square) – Under a cloudy sky, highway traffic noise from State Route 99 within earshot, 76 gas station manager Diksha said she is feeling the pain at the pump. “I go fill up my tank at Costco,” Diksha, who goes by a…

washingtonexaminer.com - Callie Patteson - Daily on Energy: Oil on edge, Trump boosts hunters, and a BP shakeup
Daily on Energy: Oil on edge, Trump boosts hunters, and a BP shakeup
Washington Examiner

Welcome to Daily on Energy, written by Washington Examiner energy and environment writers Callie Patteson (@CalliePatteson) and Maydeen Merino (@MaydeenMerino). Email cpatteson@washingtonexaminer dot com or mmerino@washingtonexaminer dot com for…

nytimes.com - Jacob Whitehead - Barcelona, the oil business, and sportswashing allegations in the Amazon
Barcelona, the oil business, and sportswashing allegations in the Amazon
The New York Times

The River Caqueta snakes nearly 1,800 miles into the heart of the Amazon rainforest. Here, in the remote Colombian region of Putumayo, football's global reach is evident. An indigenous boy on the roadside wears a Barcelona jersey. So too does a…

theguardian.com - Joanna Partridge - Fired BP chair disputes oil company's claims of poor conduct
Fired BP chair disputes oil company's claims of poor conduct
The Guardian

The ousted chair of BP, Albert Manifold, has accused the oil company of firing him without warning and disputed reports about his conduct, amid the latest boardroom turmoil to rock the company. In an emailed statement, Manifold said he was…

japantimes.co.jp - Toru Fujioka - BOJ's Ueda warns of oil shock's impact on entire inflation regime
BOJ's Ueda warns of oil shock's impact on entire inflation regime
The Japan Times

Bank of Japan Gov. Kazuo Ueda indicated the need for vigilance over the impact of oil price spikes on the underlying inflation trend without dropping a clear hint on how that dynamic might influence the outcome at next month's policy meeting.

bloomberg.com - FTSE 100 Futures Fall as Oil Drops and the Pound Rises
FTSE 100 Futures Fall as Oil Drops and the Pound Rises
Bloomberg

standard.co.uk - Giulia Crouch - Liquid gold: Extra virgin olive oil's health benefits for your mind and body
Liquid gold: Extra virgin olive oil's health benefits for your mind and body
Evening Standard

Sign up for the best picks from our travel, fashion and lifestyle writers. I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. As a certified olive oil sommelier (yes, a real thing) I believe…

wsj.com - Oil Declines as Markets Gauge Prospects of Hormuz Reopening
Oil Declines as Markets Gauge Prospects of Hormuz Reopening
Wall Street Journal

0018 GMT — Oil declines in early Asian trade as traders weigh the prospects of a U.S.- Iran deal. There's hope for an agreement to reopen the Strait of Hormuz, despite renewed hostilities. Tehran's signaled that the strikes wouldn't derail…

rediff.com - Shubhangi Mathur - We Are Buying Russian Oil Even Now
We Are Buying Russian Oil Even Now
Rediff.com

India bought 1.87 million barrels of Russian oil per day in May so far, meeting approximately 40 per cent of its oil imports. In a relief to refiners in India, the United States extended its waiver from sanctions on purchasing Russian crude oil and…

seekingalpha.com - Ron Patterson and Guests - OPEC Monthly Oil Market Report, May 2026
OPEC Monthly Oil Market Report, May 2026
Seeking Alpha

OPEC 12 output decreased by 9667 kb/d from Feb 2026 to April 2026, with the largest decreases from Saudi Arabia, Iraq, Kuwait, UAE and Iran. OPEC spare capacity has increased to about 10069 kb/d in April 2026, though an opening of the Strait of…

businessinsider.com - Naomi Buchanan - Past oil shocks hint that the stock market has peaked for the year, a veteran strategist says
Past oil shocks hint that the stock market has peaked for the year, a veteran strategist says
Business Insider

Stocks are trading at record highs, but one investing pro says that oil market history is flashing warning signs of what's next for equities. Investors are looking through the ongoing conflict in the Middle East, expecting a peace agreement from…

businessinsider.com - Jill Waldbieser - The best fish oil supplements for dogs, according to veterinarians' advice
The best fish oil supplements for dogs, according to veterinarians' advice
Business Insider

The best fish oil for dogs can support their 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 EPA in…

cnbc.com - Reuters - Oil prices drop as traders look for US-Iran talks progress
Oil prices drop as traders look for US-Iran talks progress
CNBC

Oil prices fell by more than 3% on Wednesday as traders weighed up progress in U.S.-Iran peace talks and renewed hostilities. Brent crude futures $3.11, or 3.12%, to $96.47 a barrel as of 0913 GMT, while U.S. West Texas Intermediate (WTI) crude…

bloomberg.com - Rakesh Sharma - Top Indian Oil Producer's Quarterly Earnings Miss Estimates
Top Indian Oil Producer's Quarterly Earnings Miss Estimates
Bloomberg

State-run Oil and Natural Gas Corp.'s quarterly profit missed estimates as high crude prices were offset by lower earnings from gas and weaker overall production. The New Delhi-based explorer's net income rose 3.1% in the three months ending March…

bloomberg.com - Julien Ponthus - European Stocks Near Record as Tech Rallies, Oil Prices Ease
European Stocks Near Record as Tech Rallies, Oil Prices Ease
Bloomberg

European stocks gained, edging closer to their pre-war record high, as technology shares climbed and easing geopolitical tensions sent oil prices lower. The Stoxx Europe 600 index was up 0.3% as of 9:22 a.m. in Paris, just 0.6% away from its…

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