Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Oil shock may accelerate Malaysia's energy transition - experts
A geopolitical flashpoint thousands of kilometres away is rippling through Southeast Asia, exposing a familiar vulnerability: the region's deep reliance on imported fossil fuels. Since late February, tensions between the United States and Iran have…
Expect oil prices to drop in July
President Donald Trump, in his address to the nation Wednesday evening, caught oil markets flat-footed. Rather than signaling an early end to the Iran war, Trump said that the U.S. military would intensify its campaign against Iran for the next two…
How sheltered really is the US from the Gulf oil supply crisis?
A month has passed since the US and Israel's war on Iran all but closed the strait of Hormuz, through which about a fifth of the world's oil supplies typically flow. Prices have surged, amid fears of sustained disruption to global supplies. Donald…
Oil prices rise after Trump speech
The Dow Jones Industrial Average was down roughly 600 points after the Thursday opening bell, falling 1.3 percent on the morning. The S&P 500 was also down 1.3 percent and the Nasdaq composite was down 1.7 percent. Oil prices were also up sharply…
Why crude oil price is trending | CNN Business
Oil prices spiked again on Thursday after President Donald Trump's primetime address did little to calm investors' fears on an end to the Iran war. CNN's John Towfighi explains how that impacts prices at the gas pump. Discover more videos…
Government of Serbia adopts ANOTHER MEASURE related to oil and oil derivatives
The Government of the Republic of Serbia has decided to extend the ban on exports of oil and oil derivatives used to power engines until May 2026. This measure, which was initially introduced to stabilize the domestic energy market, aims to ensure…
Watch Iran War: Oil Market Stress Threatens Shortages in Asia, Europe
Oil Market Stress Threatens Shortages in Asia, Europe Paul Sankey, president at Sankey Research, explains the factors causing physical stress in the global oil market and breaks down the difference in pricing between oil futures and physical cargo…
Oil Shocks And Recessionary Outcomes
The 2026 shock is larger in scope than 1990, matches 1973 in speed, and is structurally similar to 1979, but the U.S. is now more insulated; recession risk hinges on duration and macro conditions. Monitor the Strait of Hormuz disruption length…
When the Strait of Hormuz fully reopens, this will be crucial to global oil markets
No one yet knows when the Strait of Hormuz will fully reopen, but rebuilding and repairing the energy infrastructure in the Middle East and restoring production throughout the region — following more than a month's worth of destruction from…
Oil Prices Continue Surge on Concerns of Prolonged War - TT
A bulk carrier at Muscat Anchorage in Muscat, Oman. (Elke Scholiers/Bloomberg) TOKYO — Oil prices continued to surge on worries of a prolonged Iran war but most Asian markets that were open rose moderately in cautious trading April 3. In…
U.S. Oil Futures Rise 11.4% in Wake of Trump Address
U.S. oil futures notched their biggest daily gain since they were climbing back from the Covid crash six years ago to close out a holiday-shortened week at $111.54 a barrel. Energy futures trading is closed tomorrow for Good Friday. Benchmark oil…
Regulators seek public input for massive Montana-Wyoming oil pipeline proposal
State and federal officials are seeking public comment on the proposed Bridger Pipeline Expansion project to carry Canadian crude from the border in Phillips County, Montana, to a terminal near Guernsey. The massive 36-inch-diameter pipeline would…
What does $164M buy Big Oil? Inupiat land and a broken promise.
In 2023, when Rosemary Ahtuangaruak, Iñupiaq, was mayor of Nuiqsut, a federally recognized village of 500 residents on Alaska's North Slope Borough, a gas leak from a nearby oil operation left her community waiting for answers. “It…
Watch US Economy: NEC's Hassett on Jobs Report, Oil Exports
NEC's Hassett on Jobs Report, Oil Exports, US Economy National Economic Council Director Kevin Hassett reacts to the US March jobs report and discusses oil market supply disruptions related to the war in Iran and the potential impact of oil prices…
Canada's Diesel-Rich Synthetic Crude Oil Triples in Four Days
Synthetic Canadian oil prized by refiners for its rich diesel output tripled in a matter of days amid a worldwide clamor to secure supplies of the truck and train fuel. The oil produced via special processing of bitumen from Alberta's oil sands is…
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