Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
ASX eyes gains after Wall Street rises; Oil market in focus
The Australian sharemarket is set for gains after a positive session on Wall Street, while eyes will be on oil markets this morning after developments over the weekend. The S&P 500 climbed 0.6 per cent for its first gain since setting its all-time…
Global equities mixed amid rising yields and oil prices (NYSE:GF)
US stock indexes ended the week mostly higher as rally in major technology shares offset headwinds from elevated oil prices and rising bond yields. Robust results across sectors have helped drive equity returns this year. The FOMC September minutes…
Bipartisan bill barring U.S. purchase of Russian oil on the horizon: Fitzpatrick
Rep. Brian Fitzpatrick (R-Pa.) announced on Saturday he would be introducing a bipartisan bill aimed at stopping President Trump from lifting sanctions on Russian oil amid global fuel shortages. “We will be introducing bipartisan legislation…
Houthis Claim Fresh Wave of Strikes on Saudi Airports and Oil Facilities, Call Airspace 'Unsafe' Amid Global Condemnation
Riyadh, Saudi Arabia: Yemeni Houthi forces claimed responsibility on Sunday for launching four major operations involving ballistic missiles, cruise missiles, and drones against Saudi airports and energy infrastructure over a 24-hour period…
Top chef reveals which olive oil you should buy in the supermarket
An expert has issued advice about which oil shoppers should pick A top chef has revealed which olive oil Brits should buy from the supermarket. Angela Hartnett, who co-hosts Waitrose's Dish podcast with Nick Grimshaw, gave viewers some advice in…
Mach Natural Resources Chairman Purchases 34,514 Shares for $389,000. Is This Buy a Sign Oil Prices Stay High?
William Wallace McMullen, the Chairman of the Board, reported purchasing 34,514 shares of Mach Natural Resources LP (MNR +0.56%) on Sept. 15, 2026, according to a recent SEC Form 4 filing. Premium Feature Moneyball Superscore MetricValueTransaction…
Brits urged to stop frying sausages as they come out tastier with 1 oil-free method
Frying sausages might not always be the best option Sausages are an important part of the British way of life. After all, it's almost impossible to imagine a full English breakfast without them. However, frying them might not always be the best…
Behind India's Russia-Ukraine peace proposal: Grain, crude oil - and Trump
This “limited” and “partial” ceasefire is what has animated the conversation between India, Russia and Ukraine. Over the last four-and-a-half years, India emerged as a major buyer of discounted crude oil from Russia as…
Crude oil futures brace for volatility amid geopolitical uncertainties: Analysts
Crude oil futures are likely to remain volatile next week as uncertainty over US-Iran negotiations and escalating tensions in West Asia keep supply risks elevated, even as hopes of a deal to reopen the Strait of Hormuz offer scope for a correction…
House Republican, invoking Reagan, moves to block Trump's Russia oil deal
Rep. Brian Fitzpatrick (R-Pa.) vowed Saturday to force a House vote to block Russian oil purchases, challenging President Trump's diesel deal with President Vladimir Putin. Why it matters: Trump has touted the deal as a way to lower fuel prices…
Feds allow companies to borrow from oil reserve to help with supply issues after Hurricane Isaias
The U.S. Department of Energy on Saturday announced it is allowing companies to borrow up to 4 million barrels of crude oil from the Strategic Petroleum Reserve to address supply disruptions in the Gulf from Hurricane Isaias. ExxonMobil and BP…
Beverly Police Arrest 3 in Cooking Oil Theft Case
Three people from Worcester are facing felony charges after Beverly police say they caught them red-handed, hose in hand, siphoning used cooking oil from two Cabot Street restaurants early Saturday morning. Officers found the group next to a rented…
Q2 earnings, inflation data, oil prices to guide stock markets this week: Analysts
Major quarterly earnings from companies like Wipro and HCL Tech, along with inflation figures, global trends, and crude oil price movements, will drive stock market movement this week, analysts said. Market investors will also watch foreign…
Trump announces immediate energy ceasefire between Russia and Ukraine
President Donald Trump announced an immediate energy ceasefire between Russia and Ukraine, saying both countries have agreed to halt attacks on each other's energy infrastructure after weeks of escalating tensions over strikes on oil refineries and…
Massie backs Trump's diesel deal with Russia in rare move
Rep. Thomas Massie (R-Ky.) on Sunday backed President Trump's deal with Russia for diesel, in spite of past conflict between the two politicians. “In 2022 I voted against Russia sanctions, pointing out that U.S. citizens would suffer from…
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