Oil Industry News
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European Stocks Advance as Oil Prices Drop; Siemens Energy Up
European stocks gained as a pullback in oil prices offered some relief from inflation concerns and bond-market pressures that have weighed on the region in recent sessions. The Stoxx Europe 600 rose 0.6% as of 11:35 a.m. in London. Brent crude…
Falling oil prices help calm the stock and bond markets
NEW YORK (AP) — Oil prices fell again on Tuesday, which helped ease worries in the bond market and support stock prices. The S&P 500 rose 0.3% and edged a bit closer to its all-time high set earlier this month. The Dow Jones Industrial…
Oil Falls on Signs of Middle East Talks
2334 GMT — Oil falls in early trade on signs of Middle East talks, which could lead to reduced supply disruptions. “Pakistan's Army Chief concluded a one-day visit to Iran, with local media suggesting the trip yielded valuable…
Melrose soars and stocks climb as oil price cools
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The FTSE 100 closed higher on Tuesday as oil prices fell…
Asian Stocks Set to Gain as Oil Extends Declines: Markets Wrap
Asian stocks were set to advance as falling oil prices eased inflation concerns and pushed bond yields lower, while traders awaited Nvidia Corp. 's earnings for fresh clues on the outlook for artificial intelligence. Equity-index futures for…
A U.S. - Canada Trade War Would Bring Dire Impacts On Oil Trade
TOPSHOT - US President Donald Trump meets with Canadian Prime Minister Mark Carney in the Oval Office of the White House in Washington, DC on October 7, 2025. Carney's meeting comes as he hopes of convincing President Donald Trump to ease US…
Woodside scraps long-term emissions and clean energy targets despite windfall oil profits caused by Iran war
Woodside Energy has scrapped its long-term emissions and clean energy targets, even after enjoying a period of windfall oil profits caused by the Iran conflict. Australia's biggest oil and gas company recorded a 27% increase in sales profit to…
Drop In Crude Oil Prices Fuels Markets
WTI crude oil falls to $82 range. Investors await Nvidia's earnings. Intuit to report after the bell. A drop in crude oil prices, spurred by the U.S.'s turn toward economic pressures on Iran rather than missile attacks, is fueling the three major…
Venezuela oil output reaches highest level since 2019
Aug. 25 (UPI) -- Venezuela's oil production has reached 1.23 million barrels per day, its highest level since February 2019, acting President Delcy Rodríguez announced. The production level represents a 29.8% increase since the beginning of…
Melrose soars and stocks climb as oil price cools
The FTSE 100 closed higher on Tuesday as oil prices fell and investors geared up for Wednesday's double bill of earnings from Nvidia and US inflation data. The FTSE 100 Index closed up 31.84 points, 0.3%, at 10,886.16. The FTSE 250 ended up 138.57…
Texas oil and gas industry reports another month of job losses in upstream sector
(The Center Square) – The Texas oil and gas industry in July reported another month of job losses in the upstream sector. The upstream sector includes oil and natural gas extraction and related support activities. It excludes refining…
In US-Canada trade spat, Washington left out a key lever: Canadian oil
A breakdown in trade negotiations between the US and Canada over the weekend led Washington to impose a 50% tariff on a wide range of Canadian goods, including furniture, dairy, electrical products, and plywood. But the tariffs specifically exclude…
Futures: Inflation Data, Nvidia Due; Stocks Rise As Oil, Yields Fall
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. The Federal Reserve's favorite gauge, core PCE inflation, will be released before the open. Nvidia, CrowdStrike and Salesforce loom Wednesday night.
U.S. Stocks Rise as Oil, Inflation Fears Retreat
U.S. stocks rose as another drop in oil prices and tepid economic data quelled inflation concerns. The Dow Jones Industrial Average rose 160.24 points, or 0.30%, to 53577.40. The S&P 500 gained 24.42 points, or 0.32%, to 7677.28 and the tech-heavy…
Oil prices decline as U.S. raises pressure on Iran - TT
Oil prices retreated close to 3% after U.S. Treasury Secretary Scott Bessent announced fresh sanctions against Iran. Nvidia, one of the biggest beneficiaries of the AI boom, will deliver its quarterly earnings report on Aug. 26, potentially…
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