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 Down Alongside Oil Futures -- Energy Roundup
Shares of energy companies fell alongside oil futures amid hopes of a peace deal in the Middle East. Oil initially surged after reports that Iran's supreme leader wants its uranium to remain in the country. That could be a major sticking point for…
Listen: Morano on Houston's Morning News: 'Coal is the most national security-friendly energy source, period' - 'With Oil, no matter how much oil the U.S. produces, unless we nationalize our oil industry, we are subject to the global price'
Broadcast May 20, 2026 – KTRH Houston Question: All right, is coal going to make a big comeback? Clean coal? Of course, six twenty four is our time Marc Morano joins us with the Climate Depot. I know there's some environmentalists out there…
Tourmaline Oil Corp. stock falls Thursday, underperforms market
Shares of Tourmaline Oil Corp. TOU slipped 0.31% to C$66.94 Thursday, in what proved to be an otherwise all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.72% to 34,409.49. Tourmaline Oil…
China oil import cut, higher US exports wrongfoot market bulls
By Robert Harvey, Siyi Liu and Georgina McCartney LONDON, May 21 (Reuters) - As prices for physical crude oil hit all-time highs of over $160 per barrel last month, analysts and traders alike rushed to predict a market Armageddon if the U.S.-Iran…
Exxon negotiating deal to pump oil in Venezuela after standoff with leaders
Exxon Mobil is negotiating a deal to produce oil in Venezuela nearly two decades after the company was forced to leave the South American country due to its socialist leadership. In 2007, Exxon exited the nation after former Venezuelan President…
Watch Oil Markets Are In Deficit, But Not Shortage, Sen Says
Oil Markets Are In Deficit, But Not Shortage, Sen Says Amrita Sen of Energy Aspects of says oil markets are in a 'massive deficit,' but not a shortage yet. She is also worried because an anticipated reopening date for the Strait of Hormuz keeps…
FTSE 100 edges higher despite oil price gains
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 ended a see-saw session in the green, as…
China swaps Middle East oil for Xinjiang coal. What does it mean for the world?
As the war in Iran disrupts global oil and chemical supplies, China's coal-heavy energy sector is seizing an unprecedented opportunity. Dannie Peng visited the Changji Hui Autonomous Prefecture in northern Xinjiang – one of China's four…
Oil markets nearing 'red zone' as summer travel season nears, warns IEA chief
Oil markets will enter the “red zone” by July and August as stocks dwindle before the summer travel season amid a shortage of fresh oil exports from the Middle East, the executive director of the International Energy Authority warned…
Has John Swinney downgraded energy and oil and gas from his government priorities?
The SNP has had a presumption against new oil and gas drilling in the North Sea despite intense pressure from the industry. But during the Holyrood election campaign, he signalled that position had softened because of the ongoing conflict in Iran…
The Oil Era Is Ending
Bluesky “Future historians may well see the Iran war as the moment the US unwittingly ceded leadership to China” as the world's pre-eminent superpower, writes Jonathan Watts in a reported essay in The Guardian published earlier this…
FTSE 100 edges higher despite oil price gains
The FTSE 100 ended a see-saw session in the green, as rising mining stocks offset disappointing earnings and a higher oil price. The FTSE 100 closed up 11.13 points, 0.1%, at 10,443.47. The FTSE 250 ended up 109.54 points, 0.5%, at 22,947.92, and…
Oil prices could spike next week without Iran deal: GasBuddy
GasBuddy's head of petroleum analysis Patrick De Haan on Wednesday said there could be a jump in gas prices next week if the U.S. and Iran do not reach a deal to reopen the Strait of Hormuz. De Haan wrote on the social platform X that as stations…
A decade after Standing Rock protests, contentious segment of Dakota Access oil pipeline gets OK
Federal officials on Thursday gave final approval for the Dakota Access oil pipeline to continue operating its contentious Missouri River crossing, an outcome that comes nearly a decade after boisterous protests against the project on the North…
Zion Oil & Gas Warrants - This Is Uninvestable (OTCMKTS:ZNOGW)
Zion Oil & Gas, Inc. warrants are uninvestable due to extreme illiquidity and prohibitive bid-ask spreads. The quoted mid-price for ZNOGW warrants is misleading, reflecting artificial spread widening rather than genuine market activity. Trading…
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