Oil Industry News

A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

forbes.com - Ingmar Rentzhog - EU Council Lets Oil Expansion Qualify For Sustainable Funds
EU Council Lets Oil Expansion Qualify For Sustainable Funds
Forbes

A pump jack at sunset. Under the EU Council's proposal, money invested under a green 'transition' label could flow to companies expanding oil and gas, the opposite of what savers think they are funding. SFDR was built in 2021 to do two things:…

fool.com - Reuben Gregg Brewer - Oil is Starting to Flow Out of the Strait of Hormuz Again. Should You Still Buy Oil Stocks?
Oil is Starting to Flow Out of the Strait of Hormuz Again. Should You Still Buy Oil Stocks?
The Motley Fool

The geopolitical conflict in the Middle East pushed oil prices sharply higher. Now that the tensions have cooled, the price of oil has fallen back to its levels prior to the conflict. Major oil companies, like ExxonMobil (XOM +0.56%) and Chevron…

investors.com - ALAN R. ELLIOTT - Stock Market Week Ahead: Oil Hints At A Paradigm Shift
Stock Market Week Ahead: Oil Hints At A Paradigm Shift
Investor's Business Daily

The stock market booked weekly gain across the major indexes, with the Dow acing its sixth advance in seven weeks and notching a new closing high just below 53,000. Meanwhile, the Nasdaq and S&P 500 continued trading sideways below their early June…

fool.com - Courtney Carlsen - Oil Price Crash: 1 Top Oil Stock to Buy Now
Oil Price Crash: 1 Top Oil Stock to Buy Now
The Motley Fool

Global oil markets have whipsawed this year amid rising geopolitical tensions. In late February, oil prices soared following U.S. and Israeli military strikes on Iran, sending shockwaves through the market. Brent crude surged as high as $138 per…

bloomberg.com - Alex Longley - Oil's Stunning Reversal Rekindles Fears of a Global Glut
Oil's Stunning Reversal Rekindles Fears of a Global Glut
Bloomberg

Oil prices are tumbling everywhere as a peace deal between the US and Iran unleashes a wave of supply, overwhelming demand from buyers and prompting talk of a glut of crude. It's a staggering turnaround: less than three months ago the world's main…

yahoo.com - The Associated Press - Ukrainian drones hit St Petersburg oil terminal in latest long-range attack on Russia
Ukrainian drones hit St Petersburg oil terminal in latest long-range attack on Russia
Yahoo!

The First Deputy Chief of the General Staff of Russian Armed Forces Lt. Gen. Sergei Rudskoy holds a news briefing in Moscow, Saturday, July 4, 2026. (AP Photo/Pavel Bednyakov) A Ukrainian drone attack struck an oil terminal in St. Petersburg on…

independent.co.uk - The Associated Press - Ukrainian drones hit St Petersburg oil terminal in latest long-range attack on Russia
Ukrainian drones hit St Petersburg oil terminal in latest long-range attack on Russia
The Independent

A Ukrainian drone attack struck an oil terminal in St. Petersburg on Saturday, Russian officials said, as Kyiv presses on with bombardment of Russia's oil infrastructure. Almost daily long-range attacks on Russian oil facilities have created a fuel…

thehindu.com - The Hindu Bureau - Ethanol-blended petrol is safe to use: oil firm representatives
Ethanol-blended petrol is safe to use: oil firm representatives
The Hindu

Representatives of the oil industry in the State have clarified that ethanol-blended petrol was safe to use. Addressing a press conference here, R. Kesavan, former DGM, IndianOil; M. Arun, an IndianOil dealer; and N.S. Krishnamoorthi, an…

bloomberg.com - Francois de Beaupuy - Total CEO Sees Mideast Producers Desperate to Sell Oil Stocks
Total CEO Sees Mideast Producers Desperate to Sell Oil Stocks
Bloomberg

Middle East oil producers are desperate to sell crude stockpiled during the recent Persian Gulf conflict, but gasoline and diesel inventories remain constrained due to shipping worries, TotalEnergies SE Chief Executive Patrick Pouyanné said.

winnipegfreepress.com - The Associated Press - Ukrainian drones hit St Petersburg oil terminal in latest long-range attack on Russia
Ukrainian drones hit St Petersburg oil terminal in latest long-range attack on Russia
Winnipeg Free Press

Email Address: I agree to the Terms and Conditions, Cookie and Privacy Policies, and CASL agreement. Already have an account? Log in here - To continue reading, please subscribe: One year of digital access for only $1.44 a week * Enjoy unlimited…

the-sun.com - Harvey Geh - Ukraine launches drone attack sparking inferno at Putin's key oil terminal
Ukraine launches drone attack sparking inferno at Putin's key oil terminal
The US Sun

UKRAINE has launched a stunning drone attack on one of Vladimir Putin's key oil terminals – as a major Russian strike killed four civilians. Raging flames tore through St Petersburg oil terminal after the daring blitz – marking the…

seekingalpha.com - Paul Franke - Using GUSH For Some Of My Oil/Gas Sector Exposure (NYSEARCA:GUSH)
Using GUSH For Some Of My Oil/Gas Sector Exposure (NYSEARCA:GUSH)
Seeking Alpha

Direxion Daily S&P Oil & Gas Exp & Prod Bull 2X ETF is rated Buy for a 12-month outlook around $30 per share. Crude oil and natural gas are deeply undervalued versus precious metals and historical inflation-adjusted levels, supporting a bullish…

aljazeera.com - Ukraine hits oil and military facilities near Russia's St Petersburg
Ukraine hits oil and military facilities near Russia's St Petersburg
Al Jazeera

A wave of Ukrainian long-range drones has struck the St Petersburg region overnight, hitting an oil terminal and a Baltic Sea port in one of the largest deep-strike operations targeting President Vladimir Putin's home city. Leningrad region…

republicworld.com - Associated Press Television News - Putin Downplays Fuel Crisis As Ukraine Hits Over 50 Russian Oil Sites, War Rages On
Putin Downplays Fuel Crisis As Ukraine Hits Over 50 Russian Oil Sites, War Rages On
Republic World

Moscow: Despite severe fuel shortages across Russia, President Vladimir Putin appears unbothered by Ukraine's increasing attacks on his country's oil refineries. He has shrugged off the setback for one of the world's leading oil-producing nations…

indianexpress.com - Lifestyle Desk - Chahatt Khanna shares result after trying viral lemon and olive oil morning shot trend
Chahatt Khanna shares result after trying viral lemon and olive oil morning shot trend
The Indian Express

3 min read New Delhi Make us preferred source on Google Chahatt Khanna, popular for her role as Ayesha Sharma in the television show Bade Achhe Lagte Hain, recently undertook the wellness trend that has taken over our social media feeds. From…

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