Oil Industry News
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Energy Down With Oil, as Iran Tensions Simmer -- Energy Roundup
Shares of energy companies slipped, paring gains for the week, as the U.S. continued to prepare for a military strike against Iran. Oil futures slipped for the session but remained near six-month highs as traders tried to ascertain whether the U.S.
For India, Buying Russian Oil Just Got More Complicated
In India, the timing of the U.S. Supreme Court's ruling against President Trump's use of an emergency law to impose tariffs caused acute whiplash. The country had just escaped a 50 percent tariff with a trade deal announced not even three weeks…
Trump And Iran Put Oil Prices Near Six-Month Highs; This Energy Industry Was Already Rallying
President Donald Trump has set the stage for a possible military strike on Iran, presumably to pressure the country to meet demands for a nuclear deal. The resulting tension between the U.S. and Iran sent oil prices near six-month highs and boosted…
Gut health scientist's alert to anyone buying olive oil
High-quality olive oil can have so many benefits for your health, forming a key part of the popular Mediterranean diet. The extra virgin type especially is brimming with potential health perks – it contains healthy monounsaturated fats which…
How Trump's oil embargo has brought communist utopia close to collapse
This is a postcard from an island under siege. An island that has been cut off from the world, paralysing and imperilling 10million people whose plight grows graver by the hour. As I gaze down from the 39th floor of Cuba 's tallest building…
Trump could attack Iran in days - what's at stake for the oil market
U.S. strikes on Iran could precipitate a big oil price spike if the Islamic Republic is able to make the Strait of Hormuz unsafe for commercial traffic. More than 14 million barrels per day of oil passed through the strait in 2025, about a third of…
Canada's Oil Sands Poised for Mega Merger After Busy 2025
Canada 's oil patch is ripe for a mega merger, analysts say, after a bumper year for deals has left relatively few smaller targets available. The value of deals executed or pending as of Dec. 31 totaled $37.8 billion, according to data compiled by…
Cubans tackle blackouts with solar as Trump tightens oil blockade
Cubans are increasingly turning to solar power, scrambling to install panels on homes, businesses, and even vehicles, as the island grapples with severe, extended blackouts. This energy crisis is largely attributed to Washington's ongoing efforts…
Best supermarket olive oil 2026 named and it's £2 cheaper than Filippo Berio
Olive oil remains a kitchen essential, whether you're drizzling it over salads, dunking crusty bread or enhancing your culinary creations. Yet with supermarket aisles heaving with countless varieties, selecting the perfect bottle can prove rather…
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Stock Market Today: Stock Futures Slip With GDP, Inflation Data in Focus; Oil Prices Steady Around 6-Month High
The major stock indexes ticked lower in premarket trading on Friday amid the release of slew of economic reports that will factor into the Federal Reserve's interest rate call next month. Futures contracts connected to the Dow Jones Industrial…
Drillers Or Miners: How Do The Oil And Gold Sectors Stack Up?
Worries about Iran have created a disconnect between oil prices and inventories. At the same time, a gap is forming between oil prices and energy equities. Gold stock valuations may be more attractive than energy stocks compared to the underlying…
Stock Market Today: Stock Futures Slip Ahead of GDP, Inflation Data; Oil Prices Steady Around 6-Month High
The major stock indexes fell in premarket trading on Friday ahead of a slew of economic reports that will factor into the Federal Reserve's interest rate call next month. Futures contracts connected to the Dow Jones Industrial Average were down…
Villagers warned not to drink tap water after oil spills into river
Perthshire r esidents have been strictly advised to not drink their tap water until further notice, after a “major contamination incident” in the River Dochart. The water supply to Killin has now been shut down while the system is…
Nigeria announces oil fee reforms to boost revenue
Nigeria's government is set to receive a greater share of the revenues generated from oil and gas exploration and production in the country, following a presidential directive to limit fees managed by the national oil company. It is the latest move…
Surging Oil Tanker Rates to Go Higher on Iran Risk - TT
Tankers and other vessels waiting offshore at Marseille's port in Martigues, France. (Anne-Christine Poujoulat/Bloomberg) The cost to hire oil supertankers could be headed for the highest levels this decade on the growing risk of a major U.S.
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