Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Imperial Oil Ltd. stock rises Friday, still underperforms market
Shares of Imperial Oil Ltd. IMO inched 0.61% higher to C$190.00 Friday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.70% to 36,620.23. Imperial Oil Ltd. closed…
Dog warning as suspected palm oil washes up on Wirral beach
Dog owners have been put on alert after suspected palm oil washed up on a Merseyside beach. Lumps of the waxy substance were located on Egremont beach in Wirral after reports to Wirral Coastguard Rescue Team. Palm oil is widely used in the food…
Oil Firm regrets Trump-Greenland row overshadowing drilling project
An energy exploration company hoping to begin oil drilling in Greenland next year says U.S. President Donald Trump's threats to acquire the territory are overshadowing efforts to develop its resources. The British firm 80 Mile holds, through a…
North Sea oil and gas: Burnham's dilemma
There's no mistaking the message of this summer's wildfires, said Rebecca McQuillan in The Herald. It's that we need “to stop procrastinating and cut emissions, fast”. But is Britain ready to accept this fact of life and act on it?
Oil Nears $100 as Trump's 'Economic D-Day' Raises the Stakes
Hormuz traffic remains near a standstill as Trump's 'Economic D-Day' campaign pushes Brent closer to $100. Transits through the Strait of Hormuz have been in single digits the entire week, with Trump's announcement of an 'Economic D-Day' campaign…
Why oil markets are ignoring Trump's 'truths'
Oil price changes in response to President Trump's social media posts about the Iran war have been shrinking over time, an Axios analysis shows. Why it matters: Oil price changes ripple throughout the U.S. and global economies, and the conflict has…
Oil prices steady on stalled talks over Strait of Hormuz - TT
Oil prices are essentially flat as the U.S. stepped up its economic threats toward Iran due to limited progress in talks between Washington and Tehran to open the Strait of Hormuz. U.S. markets pointed higher early Aug. 21 but for the first time in…
Current price of oil as of Aug. 21, 2026
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore…
Stock markets end flat as elevated crude oil prices cap gains
Market benchmark indices Sensex and Nifty ended flat on Friday, a day after registering a rebound, as elevated crude oil prices induced by geopolitical uncertainties and a sharp fall in the US markets made investors cautious. In a largely…
Global stocks close out a tough week as bond yields, oil stay high
By Dhara Ranasinghe and Wayne Cole LONDON/SYDNEY, Aug 21 (Reuters) - Global stocks were headed for a mostly lower week on Friday, as strain in global bond markets showed little sign of abating and the diplomatic deadlock in the Gulf lifted oil…
US Oil Refiners Face Import Squeeze From Biggest Foreign Seller
US refiners are facing a looming supply drop from their biggest foreign crude supplier at a time when they need the oil the most. Canada supplies the US with more than 4 million barrels a day of crude, most produced in the oil-rich heartland of…
Saudis shuttle oil north on Sinokor tankers to evade Houthis - TT
Tankers have been shuttling Saudi crude between Yanbu in the lower right to Ain Sukhna in the upper left, from where it is shipped through a pipeline to the Mediterranean Sea. (Bloomberg) Saudi Aramco increased crude exports via Mediterranean ports…
Ranked: The Best Dry Shampoos for Controlling Oil and Boosting Volume
Washing my hair after a busy day is one of the last things I want to do. But through all of the sweat, build-up and grime, my laziness becomes evident the more time that passes in-between washes. A good dry shampoo helps extend my hair styles…
Iranian oil offers to Chinese buyers fall as US blockade bites, sources say
SINGAPORE, Aug 21 (Reuters) - Offers of Iranian crude to Chinese buyers have declined and prices have jumped this week as the U.S. blockade has cut Tehran's shipments, according to trade sources, with the threat of more sanctions from Washington…
Oil Shipper Hits New High; Three Stocks Also Near Pivots
It is no surprise that crude oil shipper Frontline (FRO) has rallied to heady heights, with tensions over the Strait of Hormuz continuing to roil oil markets. But Investor's Business Daily's New Highs list is also springing a few surprises for…
Receive a Daily briefing on Oil Industry News
Get Started