Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Lawmakers, oil industry worry about gas prices, shortages
(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…
Daily on Energy: Oil on edge, Trump boosts hunters, and a BP shakeup
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…
Oil and gas has long-term future if UK Government backs industry, report says
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The UK risks accelerating the decline of the oil and gas…
Oil price touches $100 a barrel as energy market may be past 'point of no return'
Oil has again touched $100 a barrel after fresh US strikes on Iran dashed hopes of a Middle East breakthrough, with experts saying that whatever the outcome of peace talks the global energy market may now be past the “point of no…
Oil and gas has long-term future if UK Government backs industry, report says
The UK risks accelerating the decline of the oil and gas industry despite overwhelming industry belief that the basin could still have a long-term future, a report has warned. The paper by Aberdeen and Grampian Chamber of Commerce found 93% of the…
BOJ's Ueda warns of oil shock's impact on entire inflation regime
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.
Oil Declines as Markets Gauge Prospects of Hormuz Reopening
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…
Northern Oil & Gas Said to Near First Deal for Canadian Energy Assets
US energy firm Northern Oil & Gas Inc. is acquiring a stake in Canadian oil and gas properties, its first foray into international assets, according to people familiar with the matter. Northern will pay Parallax Energy Operating Inc. C$350 million…
ConocoPhillips (COP) Rallied on Rise in Oil Prices
Diamond Hill Capital, a First Eagle Investment Management company, issued its Q1 2026 investor letter for its “Large Cap Strategy”. A copy of the letter is available to download here. The Strategy declined 2.39% (net of fees)…
Past oil shocks hint that the stock market has peaked for the year, a veteran strategist says
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…
The best fish oil supplements for dogs, according to veterinarians' advice
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…
Top Indian Oil Producer's Quarterly Earnings Miss Estimates
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…
Once a climate leader, Canada Is doubling down on oil
Get your news from a source that's not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration. Before he became prime…
New Trump administration proposal aims to accelerate drilling amid Alaska oil industry's revival
As major oil companies eye new drilling on Alaska's North Slope, the Trump administration is now working to accelerate their projects by streamlining environmental reviews on federal land. It's a move that could boost production amid what leaders…
Oil Prices Mixed After U.S. Strikes on Iran - TT
The Valero Port Arthur Refinery in Port Arthur, Texas. (Mark Felix/Bloomberg) Shares were mixed May 26 in Europe and Asia after the U.S. military said it carried out what it called “self-defense” strikes in southern Iran, including on…
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