Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Scottish Greens call on Swinney to stop 'swithering' on oil and gas
The leaders of the Scottish Green Party have condemned the UK and Scottish government's positions on new oil and gas drilling. Speaking at the party's conference in Inverness, co-leader Gillian Mackay criticised Prime Minister Andy Burnham for…
Stocks slide as oil prices rise again ahead of midterms
Stocks tumbled on Friday, as oil prices rose again amid the ongoing U.S.-Iran and Russia-Ukraine conflicts. © Yuki Iwamura, The Associated Press At closing, the Nasdaq Composite was down roughly 53.5 points from Thursday. The index is down by…
Golub says prolonged Iran tensions will keep oil prices elevated
Oil prices will stay elevated as prolonged US involvement around Iran feeds inflation and eventually forces a Federal Reserve response, Seaport Research Partners chief equity strategist Jonathan Golub said. That outlook challenges expectations that…
US oil company holds key to Trump's Greenland drilling ambitions
An American company says it's positioned to tap into a potentially massive oil prospect in Greenland next year, following President Donald Trump's announcement that resource exploration 'is getting ready to begin' on the Arctic island. Greenland…
Houthis Report Attacks on Saudi Airports and Oil Facilities
HANDOUT – This photo from an undated video released on September 9, 2026, by the Ansar Allah media office, shows smoke rising from an explosion that, according to the Houthis, followed an attack on Saudi-backed forces in the eastern province…
Berkshire Owns Both Chevron and Occidental. Which Oil Stock Is the Better Buy Now?
The global energy market has been upended by the geopolitical conflict in the Middle East, sending oil prices sharply higher. Occidental Petroleum (OXY +2.67%) appears better positioned to benefit from high oil prices than Chevron (CVX +2.88%). But…
How Used Engine Oil Can Get Re-Refined And Become Usable Again
Wongsakorn Napaeng/Getty Images If you're like us, you've made several trips to AutoZone or some other auto parts store to turn in your used motor oil after changing it. Or maybe you've watched the techs at the quick-lube place drain your used oil…
UAE's Ras Al Khaimah Shuts All Beaches After Oil Spill In Neighbouring Cities
UAE authorities have not named the tanker involved in the incident or said what caused the spill. Ras Al Khaimah authorities said on Saturday that all beaches in the emirate would be closed until further notice, a day after an offshore oil leak…
Indian Gold and Silver Futures Fall as Oil and U.S. Yields Rise
Indian gold and silver futures fell again Friday as rising oil prices, U.S. inflation and Treasury yields reinforced concerns that interest rates could stay high, increasing the opportunity cost of holding bullion. Upstox historical quote pages…
Pressure from rising oil prices causes market to dip | Arkansas Democrat Gazette
Stocks on Wall Street closed broadly lower Friday as oil prices climbed to their highest level in more than four years, ratcheting up pressure on the market. The S&P 500 fell 0.5%, adding to its decline from a day before. The index posted its…
Brent crude hits more than five-month high on Houthi-Saudi attacks, UAE oil spill
Oil prices rose on Friday, with Brent crude touching its highest since early May, after Houthi attacks in Saudi Arabia stoked concern over further disruption to energy supplies from the Middle East where UAE authorities also reported an oil spill.
Bacon is crispier if you ditch oil and pour a simpler ingredient into the pan instead
There is a easier way to cook bacon without needing to use oil at all There is no cosier feeling than making up on a rainy autumn morning and making yourself a big bacon butty, but it is easy to be put off cooking one if you hate frying food.
Indian Government Bonds Hit 30-Year Low Amid Surging Crude Oil Prices and Global Yields
Indian government bond yields have plunged to their worst losing streak in three decades, as surging crude oil prices and escalating global yields create significant headwinds for the nation's financial markets. Indian government bond yields have…
Bloomberg Economics said Iran war risks keep oil prices high
Oil reached $117 a barrel as traders priced in renewed fighting between Iran, the United States and Israel, Bloomberg's chief emerging markets economist said in an interview published Oct. 24. Prices rose despite increased shipments through the…
Nigeria Unveils Trade Tools as Non-Oil Exports Reach ₦12.36 Trillion
Nigeria's Federal Ministry of Industry, Trade and Investment (FMITI) demonstrated a new Trade Intelligence Portal in Abuja on Oct. 22, alongside reports on trade and investment, as the country recorded ₦12.36 trillion in non-oil exports in…
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