Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Watch Interior Secretary Burgum address oil industry as Trump hints at negotiated end to Iran war
[This stream is slated to begin at 9:40 a.m. ET] HOUSTON — Interior Secretary Doug Burgum will address oil and gas executives on Wednesday, as President Donald Trump has suggested a possible negotiated end to the U.S. war against Iran.
Can China's EV industry benefit from the global oil crisis? | CNN Business
The United States and Israel's war with Iran has sent fuel prices skyrocketing. Stephanie Yang reports this is also sparking interest in clean energy and could give China's EV makers a much-needed boost.
Daily on Energy: E15 waiver, oil and gas Iran fears, and a data center ban
Meanwhile, permitting talks are in full swing – keep reading to learn about the latest efforts from Democrats in the Senate. ⬇️ Welcome to Daily on Energy, written by Washington Examiner energy and environment writers Callie…
BlackRock CEO predicting 'global recession' if oil hits $150
The CEO of BlackRock warned of a “global recession” if the price of oil hits $150 a barrel amid continuing U.S.-Israeli strikes on Iran. In a Wednesday episode of BBC's “Big Boss Interview” podcast, Larry Fink said it's…
Oil giants raise the alarm over energy shortages as Iran war drags on
Shell CEO Wael Sawan warns Europe will be next to face an energy supply crunch. TotalEnergies CEO Patrick Pouyanné says the current oil products market is 'dislocated.' Enquest CEO Amjad Bseisu also expressed his concern over what comes next…
Venezuela Pitches Newly Opened Oil Sector to Investors - TT
Delcy Rodriguez projected the country will see double-digit economic growth this year. (Jesus Vargas/Getty Images) CARACAS, Venezuela — Venezuela's acting President Delcy Rodríguez preached of lucrative long-term opportunities in her…
Machado to Big Oil: Venezuela Will Be Hemisphere's Wealth Beacon
María Corina Machado has big plans for her home country of Venezuela. The socialist Chavez/Maduro cabal has been mostly booted out of power, elections will have to happen soon, and Machado is a very plausible candidate to be Venezuela's next…
U.S. Crude Oil Stockpiles Rise for Fifth Straight Week
U.S. crude oil inventories increased for a fifth consecutive week amid a drop in exports, according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude oil stocks excluding the Strategic Petroleum Reserve rose…
Bloomberg Talks: Stephen Schork Talks Oil Market
Curating today's top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics and entertainment. On Bloomberg Talks, we round up interviews with Fortune 500 CEOs, government officials, well-known…
Oil Theft Is Burning a Billion-Dollar Hole in West Texas' Economy
The Martin County Sheriff's Office sits along Interstate 20 in West Texas, a stretch of dusty plains and sunbaked highways that could almost be the setting for a Mad Max movie. It's sparse—oil wells outnumber people—but that doesn't…
Venezuela's Delcy Rodríguez pitches newly opened oil sector to investors at Miami summit
Venezuela's acting President Delcy Rodríguez preached of lucrative long-term opportunities in her resource-rich country at a Saudi-backed investment summit on Wednesday, offering a window into how Venezuela's government is trying to lure…
Flexport CEO: The Strait of Hormuz crisis is bigger than oil
When global trade buckles, Ryan Petersen is the person executives call. The founder and CEO of Flexport offers a real-time account of the Strait of Hormuz crisis—what he's seeing on the ground, on the water, and across the supply chains…
Falcon Oil & Gas Ltd. - Further Update on Transaction with Tamboran
(“Falcon” or the “Company”) Further Update on Transaction with Tamboran 25 March 2026 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) announces an update regarding the transaction (the “Transaction”) between…
Russian Energy Minister Confirms Oil Shipments to Cuba
Energy Minister Sergei Tsivilev confirmed Wednesday that Russia is sending “humanitarian” shipments of oil to Cuba after ship-tracking data earlier appeared to show that at least one tanker had unloaded Russian crude in Havana. Cuba…
Oil tumbles and stocks soar on US plan to end the Iran war
Investors cheered reports of a US peace plan to end the Iran war on Wednesday, with stocks rallying and oil prices dropping. US West Texas Intermediate crude oil was down 5% to $87.75 while Brent crude fell 5% to around $99.28. Major indexes were…
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