Oil Industry News
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Energy Up With Oil Futures -- Energy Roundup
Shares of energy companies rose alongside oil futures. Oil futures rose 4.6% to $87.25 a barrel, despite the extraordinary measures taken by the International Energy Agency. The IEA's member countries will release 400 million barrels of oil from…
International Energy Agency to release record oil reserves to calm markets
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 International Energy Agency (IEA) says it has agreed…
Daily on Energy: IEA agrees to release oil reserves, Chevron's view on energy independence, and Gulf lease sale results
Plus, today's edition of Daily on Energy has the latest on how much energy and electricity prices rose last month before the war in Iran began. ⚡💲 Find out more below! Welcome to Daily on Energy, written by Washington Examiner energy…
IEA launches record release of oil reserves to counter energy shock
Our digitised version of the FT newspaper, for easy reading on any device. FT Digital Edition: our digitised print edition Global news & analysis Expert opinion Translate instantly to 26 languages Lex: FT's flagship investment column FT Magazines…
Opinion | America's Strategic Oil Exports
The International Energy Agency said Tuesday that its 32 member countries will release a record 400 million barrels of oil from their emergency reserves to mitigate supply disruptions caused by Iran. Stockpiles exist for this purpose, but don't…
Trump's energy secretary sends oil markets into frenzy: report
A social media post from President Donald Trump 's energy secretary that was quickly deleted has sent oil markets into a frenzy, according to a new report. Earlier Tuesday, Energy Secretary Chris Wright wrote on X that the U.S. Navy had escorted an…
Iran Targets Oil Facilities as Global Energy Concerns Grow - TT
Smoke rises from an Israeli airstrike in Dahiyeh, Lebanon, near Beirut on March 10. (Bilal Hussein/AP) DUBAI, United Arab Emirates — Iran attacked commercial ships on March 11 across the Persian Gulf and targeted Dubai International Airport…
International Energy Agency to release record oil reserves to calm markets
The International Energy Agency (IEA) says it has agreed to release a record 400 million barrels of oil from its strategic reserves to help stabilise markets. The UK Government said it will contribute 13.5 million barrels from its own stockpile for…
Roundup: European countries to release oil reserve as Mideast conflict rattles energy markets
BRUSSELS, March 11 (Xinhua) -- A group of European countries has announced plans to release emergency oil stocks after the International Energy Agency (IEA) recommended a record drawdown from reserves to help calm surging energy prices amid…
Japan ready to join coordinated intervention in oil markets
Japan may release oil from its stockpiles for the first time since 2022, either in coordination with other countries or on its own, as the Strait of Hormuz remains effectively shut and the oil market is on edge. “We confirmed that we are…
Worcestershire woman calls for green energy support as heating oil costs rise
A woman who uses heating oil to power her rural home has called for more support for those not connected to a gas network to access more environmentally-friendly sources of energy. Jemma McCarron lives in a barn conversion in Hanley Swan…
Worcestershire woman calls for green energy support as heating oil costs rise
Oprah Flash and Gavin Kermack, West Midlands A woman who uses heating oil to power her rural home has called for more support for those not connected to a gas network to access more environmentally-friendly sources of energy. Jemma McCarron lives…
Oil Supply Moves, Trump to Invoke Emergency Law for Oil, More
Bloomberg News Now • Browse all episodes Listen for the latest from Bloomberg News…
Heating oil protection calls after 'shock' price rises
Steven McKenzie,Highlands and Islands reporterand There are calls for thousands of rural Scottish households that rely on heating oil to warm their homes to get better protection against 'shock spikes' in costs. The US-Israel war with Iran saw oil…
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