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 as doubts about the sustainability of the U.S.-Iran cease-fire multiplied. The Gulf kingdom of Kuwait came under a barrage of ballistic missiles and drones on Wednesday that shut its…
Daily on Energy: Oil up on hostilities, country-sized data center energy consumption, and Three Mile Island
Welcome to Daily on Energy, written by Washington Examiner energy and environment writers Callie Patteson (@CalliePatteson) and Maydeen Merino (@MaydeenMerino). Email cpatteson@washingtonexaminer dot com or mmerino@washingtonexaminer dot com for…
Centre plans to standardise edible oil pack sizes; industry expects greater consumer transparency
The Union government is preparing to introduce norms to standardise edible oil pack sizes, a move industry executives say could improve price transparency for consumers and create a more level playing field for manufacturers. The proposed measure…
Logan Energy: Increasing The Oil Percentage Of Production At The Right Time
Logan Energy increased oil-weighted production through the Simonette acquisition. LOECF's latest guidance remains conservative. Management maintains a conservative debt ratio of 1.2. Higher commodity prices could accelerate capital project…
Oil Futures Fall on Possible Technical Correction
2335 GMT — Oil futures fall in early Asian trade on a possible technical correction after crude futures rose for the third straight session overnight. “Looking ahead, oil markets are likely to remain highly sensitive to geopolitical…
What Explains the Growing Divide Between Oil and Gas
The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins sits down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research. The future of energy…
U.S. Tech Futures Slip While Oil Falls on Lebanon Ceasefire
U.S. stock futures were mostly lower in early morning European trade after a disappointing revenue forecast helped stall the storming rally in artificial-intelligence related stocks. Meanwhile, the dollar pulled back from a two-month high and oil…
Utilities Down, but Not by Much, on Oil Hedging -- Utilities Roundup
Shares of power producers fell, but not by as much as the broad market, as traders sought out defensive sectors with less to lose from a spike in energy prices. New York's attorney general is leading a lawsuit against the Trump administration to…
Oil price climbs as Middle East tensions flare
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. The FTSE 100 closed lower on Wednesday amid renewed…
Materials Up as Traders Hedge on Oil-Spike Implications -- Materials Roundup
Producers of metals, grains and other raw materials ticked up as traders hedged their bets on the implications of the energy shock. Gold futures, which are sensitive to interest rates and foreign-exchange movements, slipped as the U.S. dollar rose.
Stock Market Today: Broadcom Earnings Weigh on Markets, Oil Slips - Live Updates
Broadcom's latest results are prompting investors to hit pause on the AI trade. The semiconductor and software maker's shares are down 12% premarket after it issued guidance that failed to live up to investors' lofty expectations. That's cascading…
Oil falls as Lebanon and Israel agree to implement ceasefire
Oil prices eased on Thursday as Israel and Lebanon's ceasefire agreement boosted hopes for a broader deal to end the U.S.-Israeli war with Iran, while the U.S. House approved a resolution seeking to curb President Donald Trump's war powers. Brent…
Malaysian Palm Oil Exports to Face Pressure From Indonesian Push
Malaysian palm oil exports could tumble for a third straight month in June if buyers favor cheaper Indonesian supplies as Jakarta's overhaul of commodity shipments sparks a push to move cargoes before the new rules fully take hold. An Indonesian…
Nymex Overview: Oil, Product Futures Rise as Renewed Fighting Threatens Mideast Peace Progress -- OPIS
London-based August ICE Brent was up $1.95 to $97.95/bbl and September Brent was $1.85 higher to $95.30/bbl. Both oil benchmarks are on track to finish sharply higher for a third straight session, boosted by resurgent geopolitical tensions between…
Oil's Hormuz Alternatives Offer Only a Partial Fix
This article is for subscribers only. Welcome to our guide to the commodities driving the global economy. Today, reporter Anthony Di Paola looks at the efforts by major Middle Eastern energy producers to get their oil to market and equip exporters…
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