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 -- Energy Roundup
Shares of energy companies rose alongside oil futures as doubts about the sustainability of the U.S.-Iran cease-fire multiplied. The Gulf kingdom of Kuwait came under a barrage of ballistic missiles and drones on Wednesday that shut its…
Daily on Energy: Oil up on hostilities, country-sized data center energy consumption, and Three Mile Island
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…
Dwindling US Oil Inventories Are a Warning to Global Markets
This article is for subscribers only. Welcome to our guide to the commodities driving the global economy. Today, Oil Trading Americas Team Leader Devika Krishna Kumar looks at the implications of declining US inventories. If crude oil futures are…
The Oil Market Is Near a Tipping Point
An underwhelming outlook from AI chip maker Broadcom threatens to send U.S. stocks lower for a second day in a row. Major indexes had hit records Tuesday. But investors in boring stocks and bonds can console themselves that they didn't pin their…
The oil shock risks triggering a 'severe decline' in the stock market, one research firm warns
Stocks look primed for a 1970s-style decline that could leave investors with little room to hide, HFI Research warns. The energy research firm said it's bracing for more pain in financial markets amid as the oil shock doesn't appear to be waning.
Centre plans to standardise edible oil pack sizes; industry expects greater consumer transparency
The Union government is preparing to introduce norms to standardise edible oil pack sizes, a move industry executives say could improve price transparency for consumers and create a more level playing field for manufacturers. The proposed measure…
Oil execs warn Trump that gas prices could spike due to dwindling supplies: report
Several oil industry executives have reportedly privately warned the White House that the ongoing closure of the Strait of Hormuz is straining global oil inventories and could lead to gas price spikes in the coming weeks. For more than three…
Logan Energy: Increasing The Oil Percentage Of Production At The Right Time
Logan Energy increased oil-weighted production through the Simonette acquisition. LOECF's latest guidance remains conservative. Management maintains a conservative debt ratio of 1.2. Higher commodity prices could accelerate capital project…
Oil Futures Fall on Possible Technical Correction
2335 GMT — Oil futures fall in early Asian trade on a possible technical correction after crude futures rose for the third straight session overnight. “Looking ahead, oil markets are likely to remain highly sensitive to geopolitical…
Oil Prices Fall on Developments in Iran War - TT
A small boat moves along the shoreline where an a cargo vessel, tugboat and industrial barge are all anchored in the Strait of Hormuz off Bandar Abbas, Iran, on June 1. (Amirhosein Khorgooi/ISNA via AP) Oil prices fell and U.S. stock futures were…
Softer Oil, Softer Greenback
The US dollar is mostly softer, with the Canadian dollar the weakest among the G10 currencies. The swaps market has a BOJ hike nearly fully discounted for later this month, and the greenback continues to hover near but below JPY160. Risk-off and a…
Small oil producers need relief from Washington's one-size-fits-all regulations
One of the clearest examples is methane regulation under the Clean Air Act. In practice, these rules often apply the same monitoring, reporting, and equipment standards to low-producing marginal wells as they do to major industrial facilities. That…
What Explains the Growing Divide Between Oil and Gas
The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins sits down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research. The future of energy…
U.S. Tech Futures Slip While Oil Falls on Lebanon Ceasefire
U.S. stock futures were mostly lower in early morning European trade after a disappointing revenue forecast helped stall the storming rally in artificial-intelligence related stocks. Meanwhile, the dollar pulled back from a two-month high and oil…
Utilities Down, but Not by Much, on Oil Hedging -- Utilities Roundup
Shares of power producers fell, but not by as much as the broad market, as traders sought out defensive sectors with less to lose from a spike in energy prices. New York's attorney general is leading a lawsuit against the Trump administration to…
Receive a Daily briefing on Oil Industry News
Get Started