Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Opinion: The oil and auto industries' inconvenient truth
The BDN Opinion section operates independently and does not set news policies or contribute to reporting or editing articles elsewhere in the newspaper or on bangordailynews.com Patrick Walsh of Belfast is retired from work in law enforcement and…
Oil prices climb on Chinese stimulus hopes
Crude oil prices edged up on Thursday as hopes for more Chinese government stimulus helped boost demand for the commodity. The Chinese government announced earlier this week that it was planning to issue 3 trillion yuan worth of special Treasury…
Finland Seizes Russian Oil Tanker Suspected of Cutting Underwater Cables
An undersea power cable that runs between Finland and Estonia was disconnected on Christmas Day. Finland is pretty sure that Russia is to blame. On Thursday, Finnish authorities boarded an oil tanker that is part of Russia's “shadow…
Castor oil packs and a digestion elixir: the nutritionist's post-Christmas detox plan
Christmas is all about kicking back carefree, after all nobody wants to contemplate the number of sugar cubes swirling around in a mug of mulled wine or the caloric value lurking on the average Christmas lunch plate. The festivities are all about…
Oil edges up on China stimulus hopes, US inventory drop
LONDON (Reuters) -Oil edged higher on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, and supported by an industry report showing a decline in U.S. crude inventories. Chinese…
Oil prices inch up on hopes for more China stimulus
SINGAPORE: Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support. Brent…
Oil Edges Higher Amid Geopolitical Tensions
0208 GMT — Oil prices edge higher in early Asian trading amid heightened geopolitical tensions. The geopolitical premium will likely persist due to escalating tensions between Russia and Ukraine and the conflicts in the Middle East, Galaxy…
India to Drive Global Oil Demand Growth Till 2035: Report
Republic Business / India to Drive Global Oil Demand Growth Till 2035: Report Published 08:45 IST, December 26th 2024 India to Drive Global Oil Demand Growth Till 2035: Report | Image: Pixabay New Delhi [India], December 26 (ANI): India is set to…
Russian 'shadow fleet' oil tanker 'probed' as ANOTHER deep sea cable is 'cut
A RUSSIAN oil tanker is reportedly being investigated for potential sabotage after another underwater cable was damaged in the Baltic Sea. Finnish authorities are probing Eagle S vessel from the Russian 'shadow fleet' after the Estlink 2 subsea…
Oil leak in Peru tourist zone triggers 'environmental emergency
AFP AFP text, photo, graphic, audio or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP news material may not be stored in whole or in part in a…
Common cooking oil could be causing colon cancer surge in young people, warn doctors
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which…
Oil Futures Higher in Light Holiday Trade
Oil futures gain in quiet holiday trade, buoyed by hopes that Chinese economic stimulus will help demand in 2025. 'Overnight news was focused on new Chinese stimulus,' Scott Shelton of TP ICAP says in a note. The API report of a 3.2 million barrel…
Oil and Gas stocks rise
Oil and Gas stocks were trading with gains, with the BSE Oil & Gas index increasing 233.78 points or 0.9% at 26279.83 at 09:47 IST. Among the components of the BSE Oil & Gas index, Bharat Petroleum Corporation Ltd (up 2.33%), GAIL (India) Ltd (up…
No more N46k: Traders announce 95% increases in prices for vegetable oil
The price of vegetable oil in the markets has been increasing, causing more headaches for Nigerian households this festive season A market survey revealed that traders are demanding 95% more to sell 25 litres of refillable vegetable oil Nigerian…
UPSC Essentials | Daily subject-wise quiz : Economy MCQs on import of crude oil, wilful defaulter and more (Week 90)
1. The wage growth of 13 per cent in nominal terms in the unincorporated sector was higher than (-)1.1 per cent recorded during 2022-23. 2. The number of workers in the unincorporated sector was recorded 10 per cent higher than the previous year.
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