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, despite an optimistic outlook for peace negotiations from President Trump. Oil futures rose 4.8% to $92.35 a barrel in New York. Globally traded Brent crude rose 4.6% to $104.49 a barrel.
Watch Interior Secretary Burgum address oil industry as Trump hints at negotiated end to Iran war
[This stream is slated to begin at 9:40 a.m. ET] HOUSTON — Interior Secretary Doug Burgum will address oil and gas executives on Wednesday, as President Donald Trump has suggested a possible negotiated end to the U.S. war against Iran.
Oil Theft Is Burning a Billion-Dollar Hole in West Texas' Economy
The Martin County Sheriff's Office sits along Interstate 20 in West Texas, a stretch of dusty plains and sunbaked highways that could almost be the setting for a Mad Max movie. It's sparse—oil wells outnumber people—but that doesn't…
Flexport CEO: The Strait of Hormuz crisis is bigger than oil
When global trade buckles, Ryan Petersen is the person executives call. The founder and CEO of Flexport offers a real-time account of the Strait of Hormuz crisis—what he's seeing on the ground, on the water, and across the supply chains…
Falcon Oil & Gas Ltd. - Further Update on Transaction with Tamboran
(“Falcon” or the “Company”) Further Update on Transaction with Tamboran 25 March 2026 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) announces an update regarding the transaction (the “Transaction”) between…
Green energy boss backs more North Sea oil and gas production
The head of the UK's national green energy champion has joined other high-profile renewable energy leaders in making the case for more North Sea oil and gas production as the government braces for an energy cost crisis. GB Energy boss Jürgen…
Russian Energy Minister Confirms Oil Shipments to Cuba
Energy Minister Sergei Tsivilev confirmed Wednesday that Russia is sending “humanitarian” shipments of oil to Cuba after ship-tracking data earlier appeared to show that at least one tanker had unloaded Russian crude in Havana. Cuba…
Tourmaline Oil Corp. stock rises Tuesday, outperforms market
Shares of Tourmaline Oil Corp. TOU rose 1.85% to C$69.31 Tuesday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.18% to 31,941.59. Tourmaline Oil Corp. closed…
Machado Wants Venezuela's Oil-and-Gas Sector to Go 'Fully Private
Venezuelan opposition leader María Corina Machado received a rousing standing ovation during her appearance at a major energy and mining conference in Houston on Tuesday evening, where she promised gathered executives a fully privatized…
Soaring oil prices spark fear of global recession
Fears of a global recession have emerged due to soaring prices, exacerbated by the conflict in the Middle East. Larry Fink, CEO of BlackRock, has predicted a global recession if oil prices reach $150 a barrel, citing 'profound implications' should…
Oil price slides as Trump talks up Iran peace negotiations
CFOTO/Future Publishing via Getty Images Oil prices have fallen sharply in early trade in Asia after US President Donald Trump said negotiations to end the war are in progress - a claim disputed by Iranian officials. Brent crude fell by 6.6% to…
Stocks rise and oil dips on hopes of 15-point Iran peace plan
The price of oil has dipped and Asian stock markets moved higher after reports that Donald Trump has sent a 15-point framework for peace to Iran, amid hopes of a ceasefire in the Middle East. Oil prices had fallen by 4% in the early hours of…
BlackRock boss Larry Fink: Oil at $150 will trigger global recession
Simon Jack, Business editor and Nick Edser, Business reporter If the price of oil hits $150 a barrel it will trigger a global recession, the boss of US financial giant BlackRock has told the BBC. Larry Fink, who leads the world's largest asset…
Watch Why Philippines Is More Exposed to Oil Shocks in SEA
Why Philippines Is More Exposed to Oil Shocks in SEA The Philippines has declared a national energy emergency amid the uncertainty in global energy markets. It's more exposed to surging oil prices and tightening fuel supply because of the Iran war…
Trump Is Winning the Oil-Price Jawboning Battle
Give credit where it's due. Despite all the setbacks, Donald Trump is right that the US-Israeli war in Iran war hasn't triggered the oil price super-spike many feared — at least not yet. “I thought it would be worse, much…
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