Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Energy Up With Oil Futures on Iran Risks -- Energy Roundup
Shares of energy companies rose alongside oil futures as the potential for military conflict in the Persian Gulf increased. President Trump signaled the U.S. would decide its next moves within 10 days if Iran didn't agree to a nuclear deal…
Trump could attack Iran in days - what's at stake for the oil market
U.S. strikes on Iran could precipitate a big oil price spike if the Islamic Republic is able to make the Strait of Hormuz unsafe for commercial traffic. More than 14 million barrels per day of oil passed through the strait in 2025, about a third of…
Toronto Stocks Edge Higher, Cenovus Energy Rises on 4Q Profit, Oil Output
Energy, industrial services and materials stocks were the main gainers in the session on Thursday, offset by losses primarily in health services, tech services and consumer discretionary stocks. Canada's S&P/TSX Composite Index rose 0.3% to…
Canada's Oil Sands Poised for Mega Merger After Busy 2025
Canada 's oil patch is ripe for a mega merger, analysts say, after a bumper year for deals has left relatively few smaller targets available. The value of deals executed or pending as of Dec. 31 totaled $37.8 billion, according to data compiled by…
Is Viper Energy (VNOM) Among the Best Crude Oil Stocks to Invest in?
Viper Energy, Inc. (NASDAQ: VNOM) is included among the 12 Best Crude Oil Stocks to Buy as Tensions Rise. Viper Energy, Inc. (NASDAQ:VNOM) is a publicly traded Delaware corporation focused on owning and acquiring mineral and royalty interests…
Tourmaline Oil Corp. stock rises Thursday, outperforms market
Shares of Tourmaline Oil Corp. TOU rose 2.75% to C$63.09 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.61% to 33,594.98. Tourmaline Oil Corp. closed…
Venezuela Tests Higher Fuel Prices as Oil Sector Opens
Venezuela has started to increase fuel prices at gasoline stations in Caracas as it seeks fresh revenue while reopening its oil industry to foreign investment and boosting output. State-controlled Petróleos de Venezuela SA began offering…
Best supermarket olive oil 2026 named and it's £2 cheaper than Filippo Berio
Olive oil remains a kitchen essential, whether you're drizzling it over salads, dunking crusty bread or enhancing your culinary creations. Yet with supermarket aisles heaving with countless varieties, selecting the perfect bottle can prove rather…
U.S. Crude Oil Stockpiles Post Hefty Decline
U.S. crude oil inventories were down sharply last week as imports fell and exports rose, while product stocks saw bigger-than-expected withdrawals, according to data released Thursday by the U.S. Energy Information Administration. Commercial crude…
Oil Futures Edge Higher Amid Ongoing U.S.-Iran Tensions
0110 GMT — Oil futures edge higher in early Asian trade amid ongoing U.S.-Iran tensions that could lead to supply disruptions. President Trump said 10-15 days was “pretty much” the “maximum” which he would allow…
Watch Iran Deadline Sends Oil Higher and Shakes Markets | Insight with Haslinda Amin 02/20/2026
Iran Deadline Sends Oil Higher and Shakes Markets | Insight with Haslinda Amin 02/20/2026 Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories…
Watch Nakhle: Oil Market Can Absorb Loss of Iranian Barrels
Nakhle: Oil Market Can Absorb Loss of Iranian Barrels Oil prices rallied on the back of Iran tensions, trading near six-month highs. President Donald Trump said Iran had 15 days at most to reach a deal over its nuclear program as the US assembled a…
What would blocking the Strait of Hormuz mean for global oil and LNG shipments?
Iran partially and temporarily closed the strategic Strait of Hormuz during a military drill on Tuesday, thrusting the vital shipping route under the global spotlight once again. The hours-long suspension was the first time Tehran had restricted…
Stock Market Today: Stock Futures Slip With GDP, Inflation Data in Focus; Oil Prices Steady Around 6-Month High
The major stock indexes ticked lower in premarket trading on Friday amid the release of slew of economic reports that will factor into the Federal Reserve's interest rate call next month. Futures contracts connected to the Dow Jones Industrial…
Drillers Or Miners: How Do The Oil And Gold Sectors Stack Up?
Worries about Iran have created a disconnect between oil prices and inventories. At the same time, a gap is forming between oil prices and energy equities. Gold stock valuations may be more attractive than energy stocks compared to the underlying…
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