Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The Oil Industry Will Never Be the Same
We are now nearly a month into the U.S.-Israeli war on Iran. The conflict has lasted much longer than some energy experts initially expected — and it has built up an unprecedented crisis that is set to cascade from Asia to the rest of the…
Transcript: The Oil Industry Will Never Be the Same
This transcript has been automatically generated. Subscribe to “Shift Key” and find this episode on Apple Podcasts, Spotify, Amazon, or wherever you get your podcasts. You can also add the show's RSS feed to your podcast app to follow…
Trump officials tout U.S. energy dominance as global oil executives warn of supply crisis
U.S. officials this week said the historic spike in fuel prices during the war in Iran will be short-term and trumpeted record U.S. production at an industry conference where oil executives and government officials from Asia, the Middle…
A great opportunity in the midst of the Iran oil crisis
This is particularly problematic for energy policy because energy infrastructure is outdated, and investors need long-term confidence in market pricing to support large-scale capital deployment, hence the need for enduring policies that will be…
China industrial profits surge 15% to start year, but oil price shock threatens outlook
Chinese industrial firms saw their profits surge in the first two months of this year as officials pressed ahead with efforts to contain the fallout from industrial overcapacity and lackluster consumer demand. Industrial profits jumped 15.2% from a…
Oil Falls on Trump Pausing Attacks on Iran's Energy Sector
0010 GMT — Oil falls in early trade after President Trump said he's pausing attacks on Iran's energy sector for another 10 days as per Iran's request. In a Truth Social post, Trump added that “talks are ongoing” with Tehran.
Oil Drops as Trump Pushes Back Timeline for Iran Energy Strikes
Oil fell after President Donald Trump again pushed back a deadline for striking Iran's energy sites, offering the market near-term respite while prolonging uncertainty over the course of the war well into April. West Texas Intermediate dropped as…
Falcon Oil & Gas Ltd. - Falcon Provides Update on Transaction with Tamboran
(“Falcon” or the “Company”) Falcon Provides Update on Transaction with Tamboran 27 March 2026 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) announces an update regarding the transaction (the “Transaction”)…
Russia's oil is beating global prices, padding the Kremlin's war chest
Russia is cashing in on one of the biggest oil shocks in history, with its crude now selling above global prices as buyers scramble for alternatives. The shift marks a stark turnaround for Moscow, which had been forced to sell oil at steep…
Beyond oil: The crucial exports blocked by Hormuz closure
The interruption of oil and gas supplied through the Strait of Hormuz due to the US-Israel war with Iran has dramatically pushed up global energy prices. Petrol has gone up already and UK domestic heating bills are almost certain to follow. But…
Trump reveals Iran's oil 'present'
Trump told reporters at the White House he was having “very substantial” talks with Iran as the conflict continues. He said that during his discussion with Tehran, “they said ‘to show you the fact that we're real and…
Trump Fails To Jawbone Market As Futures, Bitcoin Tumble; Oil And Yields Soar
Futures are sharply lower, erasing modest overnight gains and trading near session lows as Brent crude futures are back above $110 a barrel after erasing an earlier fall and knocking broader risk sentiment off course in the process. There didn't…
Oil Rises Again After Wall Street Slump - TT
An oil refinery in Houston. (Mark Felix/Bloomberg) HONG KONG — World shares mostly fell and oil gained again on March 27 after Wall Street had its worst day since the start of the Iran war over growing doubts about a de-escalation. In early…
Oil Spike Risks Stifling Nascent US Factory Recovery
This article is for subscribers only. To get Industrial Strength delivered directly to your inbox, sign up here. The cost of the war in Iran is starting to cascade through the industrial sector — and so is the risk of supply-chain breakdown…
Oil prices surpass $110 per barrel despite Trump claim of Iran talks
March 27 (UPI) -- Brent crude oil reached $111.41 per barrel Friday morning after two Chinese ships were blocked from passing through the Strait of Hormuz. Oil prices have steadily climbed since Monday despite President Donald Trump backing off his…
Receive a Daily briefing on Oil Industry News
Get Started