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 Fall as Oil Prices Are Little Changed -- Energy Roundup
Shares of companies in the energy sector fell as oil prices hovered around $80 a barrel while the U.S. and Iran battled for control of the Strait of Hormuz. U.S. crude oil inventories fell last week as exports picked up from the week before and…
How Trump's 'original oil guy' boosted US-Israel ties and played down risks of Iran war
Tycoon Harold Hamm is one of the US's most successful oilmen, the son of Oklahoma sharecroppers who hit it rich as a “wildcatter” and pioneered fracking techniques that drove the shale boom in 2008 that reversed declining US oil…
Applied Computing wants to give oil and gas operators an AI model for the entire plant
Applied Computing, a London-based startup that's building a foundation AI model for the oil, gas and petrochemical industry, has raised a $20 million Series A led by engineering giant KBR, with Databricks Ventures participating. Founded in 2023…
Frontline vs. ZIM Integrated Shipping Services: Should Industrials Investors Bet on Oil or Consumer Goods in 2026?
Global shipping is the backbone of international trade, yet the sector remains notoriously cyclical and sensitive to geopolitical shifts. Investors comparing Frontline (FRO 1.25%) and ZIM Integrated Shipping Services (ZIM +1.64%) are looking at two…
The best energy stocks right now as two major conflicts keep oil prices elevated
Laying out the bull and bear scenarios for oil. And when the stock market could be impacted. Six stocks to buy due to the continuing war between Russia and Ukraine. A bitcoin-turned-AI power provider that could triple in value, according to Morgan…
Hair oil and scalp oil are not the same thing (and using the wrong one can backfire)
Walk down the hair care aisle or scroll your For You page and you'll find no shortage of products promising shinier, stronger, faster-growing hair — many of them oils. At the same time, there are a ton of oils on the market made specifically…
The Avocado Oil Boom Has A Fraud Problem, New Study Suggests
Almost all processed foods on grocery store shelves claiming to be made with avocado oil actually contain cheaper substitute oils, according to a new study by University of California Davis researchers who say a supply-chain accountability gap is…
Modern-day alchemy: mining oil from plastic waste in rural Korea
SEOUL, July 16 (UPI) -- Call it modern-day alchemy: a technology that extracts oil from discarded plastic and plastic film, in a factory with no smokestack, not even a wisp of smoke -- and now, improbably, in commercial operation in a quiet rural…
US attacks oil tanker in strait of Hormuz as strikes reported in Tehran
The US has fired on an oil tanker attempting to reach Kharg Island in the strait of Hormuz as part of its blockade on Iranian ports, as Tehran came under attack for the first time in this latest round of strikes. The US said on Thursday morning it…
Iran tells Houthis to shut crucial Red Sea oil route if US strikes power grid
Yemen's Houthis movement has been asked to prepare to close the Red Sea oil route by Iran if the United States continues its airstrikes on Iranian power infrastructure. This could form a new threat to global energy supplies. Reuters reports that…
Oil Rises Amid Prospects of Escalating Mideast Conflict
2346 GMT — Oil rises in the early Asian trade amid prospects of an escalating Middle East conflict. President Trump is leaning toward expanding U.S. military operations in Iran after days of briefings from top aides, U.S. officials said.
U.S. Crude Oil Stockpiles Post Weekly Withdrawal
U.S. crude oil inventories fell last week as exports picked up from the week before and refineries raised their capacity use, according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude oil stocks excluding…
Oil prices lower despite US intensifying strikes against Iran
Oil prices were lower early Thursday but were still at elevated levels as the US intensified its strikes against Iran, while Iran targeted missile and drone fire on Kuwait and Bahrain. Brent crude, the international standard, dropped 0.4 per cent…
Indian Stock Markets Flat: Geopolitical Tensions, Oil Prices, Global Cues Impact Sensex, Nifty
Indian benchmark indices, Sensex and Nifty, concluded largely subdued as investors navigated geopolitical uncertainties, fluctuating oil prices, and mixed global market trends, with profit-taking in key blue-chip stocks offsetting gains in the IT…
Asia Stocks Set for Choppy Start, Oil Ticks Higher: Markets Wrap
Crude oil extended gains as the US launched fresh strikes on Iran, raising concerns that Middle East tensions will further disrupt energy supplies. Stocks in Asia are set to open mixed. West Texas Intermediate traded above $80 a barrel after adding…
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