Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Watch Oil Price Reaction 'Reasonable,' Crystol Energy CEO Says
Oil Price Reaction 'Reasonable,' Crystol Energy CEO Says Crystol Energy CEO Carole Nakhle discusses the energy market as oil extended gains and traders weighed a US plan to insure and escort tankers passing through the Strait of Hormuz. 'What we…
Stocks slide, oil climbs on fears of an energy shock from the Iran conflict
Global markets plunged on Wednesday as fears over the fallout from the war in Iran spooked investors for the third day. The jitters contrast against how markets held up after US strikes on Venezuela and the Greenland crisis earlier this year…
$100 Oil? Is Energy Entering Another Supercycle, Or Does It Need A Trim? (NYSEARCA:VOO)
Middle East tensions pushed energy higher, but history shows oil spikes rarely last indefinitely. Exxon Mobil's rally ranks among the strongest cycles since 1994, with valuations now above historical resistance levels. Energy has led 2026, yet…
Daily on Energy: Trump tries to tame oil markets roiled by Iran conflict
Plus, in case you missed it in the flurry of Iran news yesterday, keep on reading for the latest update on the Potomac River wastewater spill – there's some good news for D.C.-based fishermen. 🎣 Welcome to Daily on Energy, written by…
Oil prices surge as investors fear Iran conflict will expand
Oil prices have continued to surge for a third day due to the conflict in Iran, with Europe seeing an increase in people panic-buying fuel. Long queues have been seen in Spain 's Andalusia region, with dozens of cars in Sevilla waiting to fill up…
Calm returns to markets in Europe but oil prices climb higher on Iran war
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Stock markets in Europe have steadied after two days of…
Oil surge stokes inflation fears as Middle East flashpoint rattles markets
The fallout from surging oil prices has rippled across global asset classes, from stocks to bonds, as escalating military tensions in the Middle East reset investors' expectations for inflation and the path of central bank policy. As US military…
Energy bills in UK 'could rise £500' as Iran war sends gas and oil prices soaring
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Donald Trump's war on Iran could send energy…
Trump's insurance move for oil
The president said Tuesday he was ordering the U.S. Development Finance Corp. (DFC), a federal agency, to provide political risk insurance for shipping companies traveling through the Persian Gulf. Oil prices have spiked since the U.S. and Israel…
Scrapping windfall tax on oil and gas is 'utterly essential', Swinney insists
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. John Swinney has again insisted it is “utterly…
War, oil, growth and inflation
Our digitised version of the FT newspaper, for easy reading on any device. FT Digital Edition: our digitised print edition Global news & analysis Expert opinion Translate instantly to 26 languages Lex: FT's flagship investment column FT Magazines…
UK oil firm fined £13m for repeatedly publishing inaccurate financial results
John Wood Group has been fined nearly £13m for repeatedly publishing inaccurate financial results. The FTSE-listed oil and has engineering company, which is soon to be bought by a Dubai-based rival, has previously admitted that…
Stagflation risk emerges amid Mideast oil crisis, clouds China's economic battle
Rising energy costs driven by Middle Eastern geopolitical tensions may provide some relief to China's years-long struggle with weak prices, but analysts warn that a spike in oil prices could spark a scenario in which stagnant economic growth…
Markets in Europe gain while Asian shares swoon as the war with Iran widens and oil surges higher
Getting your Trinity Audio player ready... By ELAINE KURTENBACH, AP Business Writer BANGKOK (AP) — European shares opened higher on Wednesday after another day of sell-offs in Asia, where South Korea's benchmark plunged more than 12%. Oil…
FTSE 100 Live: Oil price continues to rise, index steadies after slump
Asia markets are deep in the red, with South Korea's Kospi index down by 12% in its worst one-day performance since 2001. The Nikkei 225 has fallen 3.6%, while the Hang Seng index is 2.8% lower in Hong Kong and the Shanghai Composite down by 1%.
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