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 Shares Slip as Oil Prices Pull Back -- Energy Roundup
Shares of companies in the energy sector fell alongside oil futures, as markets keep an eye on on-again-off-again talks to restore shipping traffic in the Strait of Hormuz. BP said its deputy chief executive, Carol Howle, plans to retire later this…
Rising Oil Prices and Interest Rates Hurt Thor Industries (THO) in Q1
Madison Investments, an investment advisor, released its first-quarter 2026 investor letter for the 'Madison Mid Cap Fund'. The Madison Mid Cap Fund (Class I) declined 4.28% in the quarter, compared to the Russell Midcap Index's 1.29% return. A…
Best Body Oils 2026 - Forbes Vetted
Body oils are the unsung hydrating heroes of skincare. They offer many of the same benefits as a body lotion, but they're better at creating a barrier to lock in moisture. I consulted with deputy editor Jane Sung and licensed massage therapist…
Oil Futures Rise on Possible Technical Recovery
2336 GMT — Oil futures rise in early Asian trade on a possible technical recovery after the futures posted their sharpest quarterly drop since 2020 on Tuesday. Oil futures may also be supported by uncertainty over control of the Strait of…
The oil market has moved from fearing shortages to pricing in a very different future
The oil market has gone from fearing a supply shock to worrying about too much crude. International Brent crude oil futures were trading around $73 a barrel early on Tuesday. That is roughly back to prewar levels after topping $126 in April as the…
Why oil prices are stabilizing
Every tit for tat missile strike between the U.S. and Iran matters only if traders believe a significant volume of oil will be permanently removed from the global market. As dramatic as the headlines may be, oil traders are increasingly convinced…
S. Korea Eases Crude Oil Crisis Warning
The Lee Jae Myung administration has decided to lower the nation's energy security crisis warning for crude oil by a notch in the four-tier system to Level Two, or “caution.” Vice Industry Minister Moon Shin-hak announced the change…
Consumer Stocks Mostly Lower as Oil Prices Waver-- Consumer Roundup
Stocks in the consumer sectors were mostly lower as the full reopening of Hormuz remains elusive. The Conference Board consumer confidence index ticks higher to 91.2, although below WSJ consensus of 94.2. Amazon will pay $2.25 million in civil…
Abu Dhabi Proposes New Oil-Pricing System to Mirror Wider Market
The UAE's biggest oil company is proposing a new pricing methodology for the sale of crude supplies to term customers, said people with direct knowledge of the matter, opting for an approach that's more aligned with wider regional trading norms.
Oil Steadies as Peace Talks, Flows Through Hormuz in Focus
Oil steadied after the biggest quarterly drop since the pandemic as traders monitored peace talks between the US and Iran and the return of shipping through the Strait of Hormuz. West Texas Intermediate traded near $70 a barrel, after losing almost…
Watch Oil Market Still Regulating Despite 'Flare Ups' Says Samantha Dart
Oil Market Still Regulating Despite 'Flare Ups' Says Samantha Dart Samantha Dart, co-head of global commodities research at Goldman Sachs, said that markets haven't reacted to 'flare ups' in the Strait of Hormuz because US energy exports and China…
Oil Prices Head for Biggest Quarterly Drop Since Pandemic
As traffic through the Strait of Hormuz tentatively reopens following the U.S.-Iran deal to make a deal, oil prices on Tuesday were on track to post a 20% monthly decline and a 30% quarterly plunge in the biggest slump in a quarter since the…
S. Korea Eases Energy Crisis Warning after Securing Alternative Supply Routes for Crude Oil
Anchor: South Korea's energy security crisis warning for crude oil will be lowered a notch, from “alert” to “caution,” as the nation has managed to diversify its supply routes for crude from the Middle East. The decision…
India Plans to Cut Reliance on Middle East Oil After War Shock
India's state oil refiners are planning to reduce their reliance on the Middle East following the supply shock of the Iran war, and will lean more heavily on alternative options including through spot-market purchases, according to people familiar…
The Next Oil Rally Could Be Driven By Stockpile Refilling
The Middle East conflict has disrupted more than 1 billion barrels of oil supply, but China's massive strategic crude stockpile helped offset the shock by sharply reducing imports, preventing oil prices from surging even higher. Countries are now…
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