Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
SCOTUS must show oil companies they aren't above local accountability
A basic moral principle is also a rule of law: If you lie about something and your lies cause harm, you should compensate people you injured. Sounds simple, but what counts as harm, whether the lie caused it, and what compensation is appropriate…
Republican lawmakers distance themselves from Big Oil
The average cost of diesel stands at $6.52 a gallon as of late September, according to AAA, an increase of more than 80% from a year ago in the hardest-hit states, many of which are competitive in the November midterm elections. The response from…
Zelensky Vows More Oil Refinery Strikes in Russia Despite Trump Appeal
Ukrainian President Volodymyr Zelensky said Saturday that Kyiv will intensify strikes on Russian oil refineries despite President Donald Trump's calls for restraint, arguing that attacks on Moscow's energy sector are a necessary response to a new…
Ukraine war briefing: Kyiv to increase oil refinery attacks because of Moscow's winter strategy, Zelenskyy says
Ukraine will increase its attacks on Russian oil refineries, but won't target civilians, because of a new policy of airstrikes by Moscow designed to force people to abandon Kyiv and other cities, Volodymyr Zelenskyy has said. Ukraine's intelligence…
Houthis target Saudi oil facility as hostilities escalate in Yemen
Yemen's Iran-aligned Houthis say they targeted a Saudi Arabian oil company in retaliation for Saudi attacks on Yemen. The fighting has worsened the already appalling humanitarian conditions in Yemen. Iraq's state-owned Oil Tanker Company says it…
Energy sector outperforms S&P 500 in Q3 as oil prices rise (XLE:NYSEARCA)
The energy sector () advanced 16% in the July-Sep quarter, compared to a 2% rise in the broader market (SP500), finishing as the top-performing market sector. Expanding conflict in the Middle East squeezed global oil supplies in the quarter…
Trump and Putin eye multibillion-dollar oil deal to end Ukraine war
Washington | The Trump administration's talks with Russia about ending the war in Ukraine have expanded to include a multibillion-dollar oil deal that would benefit Middle Eastern business executives with ties to the two main US negotiators, Steve…
This 26% off cleansing oil is a 'miracle worker' at removing blackheads
If you have oily, acne-prone skin like me, then you know the frustration of dealing with blackheads and breakouts. You may think that using a cleansing oil sounds counterintuitive when your face is already an oil slick, but trust me when I say that…
Big Oil fears the evidence of its deliberate climate lies
No one knows how the US Supreme Court will rule in Suncor v. Boulder, the case that will kick off the court's fall term next week and will likely decide whether the city and county of Boulder, Colorado, will be able to put oil giants ExxonMobil and…
Middle East Oil Exports Recover as Tanker Costs Surge
Middle East oil exports are moving closer to pre-war levels, but record tanker rates, vessel shortages and disruptions around major shipping routes continue to put pressure on global energy markets, according to PVM Oil Associates, part of TP ICAP…
325 million barrels of oil from strategic reserves released, says International Energy Agency
Sign up now: Get ST's newsletters delivered to your inbox Published Oct 03, 2026, 09:10 PM PARIS - The International Energy Agency (IEA) said on Oct 3 that member countries had so far released 325 million barrels of oil and oil-derivative products…
G7 nations will release 100 million barrels of oil and diesel fuel after prices soar
WASHINGTON -- The Group of Seven wealthy democracies said Friday that they plan to release 100 million barrels of oil and fuel products in the coming weeks, starting with “substantial” amounts of diesel after the fuel recently hit…
Lawsuit Challenges Second Trump Administration Permit for California Coastal Oil Pipeline
SAN FRANCISCO, September 22, 2026 — Conservation groups sued the Trump administration today for issuing a second permit allowing oil to flow through the Las Flores Pipeline System near Santa Barbara. The permit waives certain federal…
Mattress stains will disappear with 8p natural item that can help absorb oil
Your mattress may be looking worse for wear after summer Those sticky, humid summer evenings may have left their mark on your mattress, causing it to look rather worse for wear. Over time, mattresses absorb all manner of stains from body lotions…
G7 nations to release oil, fuel from reserves | Arkansas Democrat Gazette
WASHINGTON -- The Group of Seven wealthy democracies said Friday that they plan to release 100 million barrels of oil and fuel products in the coming weeks, starting with 'substantial' amounts of diesel after the fuel recently hit record high…
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