Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Oil, Global Conflict And The Effect On Borrowers And U.S. Investors
Reza Ghazi is CEO of GreenFlow Financial Corp., overseeing the company's operations and growth strategies. A conflict in the Persian Gulf can feel a long way from a kitchen table in Toronto or Ottawa, but this year it hit close to home…
What is happening with the Rosebank and Jackdaw oil and gas fields?
Angus Cochrane Senior political journalist, BBC Scotland A decision on whether to give the go ahead to two oil and gas fields has edged a step closer. After years of debates and legal wrangling, public consultations on updated plans for the…
What is happening with the Rosebank and Jackdaw oil and gas fields?
A decision on whether to give the go ahead to two oil and gas fields has edged a step closer. After years of debates and legal wrangling, public consultations on updated plans for the Rosebank oil field off Shetland and the Jackdaw gas field, which…
America's oil reserves are the lowest in 43 years
America's stockpile of crude oil has dropped to the lowest level in more than four decades. According to the US Department of Energy, the US Strategic Petroleum Reserve declined by 6 million barrels last week to 298.7 million. Data from the Energy…
Energy Sector Rotation and Falling Oil Prices Pressure TotalEnergies SE (TTE)
Antipodes Partners published its 'Antipodes Global Strategy' second-quarter 2026 investor letter, highlighting the key performance stocks, portfolio changes, and the market outlook. A copy of the letter can be downloaded here. The…
US Stock Futures Rise as Oil Erases Gains on Iran Optimism
US stock futures are slightly up before the bell on Tuesday as oil erased an earlier advance while traders await key inflation data for guidance on Federal Reserve interest-rate policy. S&P 500 futures were up 0.2% at 8:09 a.m. in New York. Futures…
Rising Oil Prices Pressure Bond Market Again
Higher energy prices are reigniting inflation concerns, pushing global government bond yields upward. The benchmark 10-year Treasury yield rose to 4.729% this morning, according to Tradeweb, within striking of its year-to-date closing peak of…
Oil Prices Hit $90 Again
Fading prospects for a deal to reopen the Strait of Hormuz pushed Brent crude futures back to $90 a barrel this morning. The international benchmark has been trading below that threshold since late July, when diplomatic efforts to reopen the…
US-Iran standoff sends oil up, dents stocks
LONDON, Aug 11 (Reuters) - Oil prices rose on Tuesday as negotiations between the United States and Iran over a peace deal and the reopening of the Strait of Hormuz hit an impasse, while uncertainty over the global inflation outlook tempered global…
Oil Futures Edge Lower on Likely Technical Correction
2339 GMT — Oil futures edge lower in early Asian trade on a likely technical correction after the futures' strong gains overnight. However, oil futures' losses will probably be limited by dimming hopes of a swift deal to reopen the Strait of…
Oil prices settle after 5% surge the day before - TT
A driver holds a fuel nozzle at a Shell gas station in Palo Alto, Calif., last month. (David Paul Morris/Bloomberg) Oil prices reversed course after jumping the day before due to uncertainty over when the Strait of Hormuz may reopen, getting the…
Why the Real Oil Squeeze Is Happening in Refineries
Oil prices are dominating headlines as geopolitical tensions strain the flow of crude through key global chokepoints. Yet the bigger squeeze in energy markets is unfolding further downstream in the world's refineries, where crude is converted into…
Futures Jump, Oil Tumbles As Well-Timed Comments Spark Latest Round Of Hormuz Optimism
US equity futures were trading near session lows with bond yields at August highs of 4.74% and Brent rising above $90 for the first time in two weeks when - with just hours until the market open - we had the now standard double-whammy of well-timed…
Stock markets decline as elevated crude oil prices weigh on sentiment
Benchmark indices Sensex and Nifty ended lower on Tuesday as a sharp rally in crude oil prices due to geopolitical uncertainties dented investors' sentiment. The 30-share BSE Sensex dropped 388.19 points, or 0.49 per cent, to settle at 78,154.25.
AI could help unlock more oil - and emissions
Move over, data centers. AI's climate impact may extend well beyond the electricity it consumes. Why it matters: A new peer-reviewed study finds AI could help produce more oil and natural gas — and produce a climate impact the authors argue…
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