Oil Industry News

A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

propublica.org - Alex Cuadros - The Trump EPA Official in Charge of Methane Regulations Helped Write Oil Industry Argument Against Those Rules
The Trump EPA Official in Charge of Methane Regulations Helped Write Oil Industry Argument Against Those Rules
ProPublica

The Trump administration official leading an effort to loosen rules on methane pollution was an unnamed author of key industry arguments against those same rules just four years ago when he was an oil and gas lobbyist. Aaron Szabo, an assistant…

marketwatch.com - Energy Down With Oil Futures on Peace Hopes -- Energy Roundup
Energy Down With Oil Futures on Peace Hopes -- Energy Roundup
MarketWatch

Shares of energy companies fell alongside oil futures after reports that President Trump was close to ending the Iran war. The SPDR Select Sector energy exchange-traded fund, which tracks the energy industry group of the S&P 500, fell 1.4%, but is…

wbur.org - Here & Now Newsroom - The Trump administration may be using the Iran war as an excuse to revive California's oil industry
The Trump administration may be using the Iran war as an excuse to revive California's oil industry
WBUR

Using the Iran crisis as justification, the Trump administration has approved the reopening of a controversial pipeline off the coast of California. Now, the Golden State is suing to shut it back down and continue towards its switch to renewable…

marketwatch.com - MarketWatch Automation - Tourmaline Oil Corp. stock falls Wednesday, underperforms market
Tourmaline Oil Corp. stock falls Wednesday, underperforms market
MarketWatch

Shares of Tourmaline Oil Corp. TOU slid 4.18% to C$63.80 Wednesday, in what proved to be an otherwise all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.58% to 32,957.95. Tourmaline Oil…

marketwatch.com - MarketWatch Automation - Imperial Oil Ltd. stock falls Wednesday, underperforms market
Imperial Oil Ltd. stock falls Wednesday, underperforms market
MarketWatch

Shares of Imperial Oil Ltd. IMO shed 1.47% to C$179.54 Wednesday, in what proved to be an otherwise all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.58% to 32,957.95. Imperial Oil Ltd.

fox40.com - Laura Kelly - Iran's oil becomes latest foreign treasure targeted by Trump
Iran's oil becomes latest foreign treasure targeted by Trump
FOX40 News

President Trump is increasingly using U.S. power and influence in an attempt to gain control of foreign oil and minerals. Over the weekend, Trump said that, regarding the conflict in Iran, his “preference would be to take the oil.”…

standard.co.uk - Ian Jones - Cost of petrol, diesel and heating oil: What the latest figures show
Cost of petrol, diesel and heating oil: What the latest figures show
Evening Standard

Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. A range of data measuring the rising price of…

kbs.co.kr - Gov't Strengthens Warnings for Crude Oil, Natural Gas
Gov't Strengthens Warnings for Crude Oil, Natural Gas
KBS

Photo: YONHAP News / Korea National Oil Corporation The Ministry of Trade, Industry and Resources will elevate its resource security alert for crude oil to Level 3 as of 12 a.m. Thursday, a notch up from some 20 days ago. The ministry said the…

standard.co.uk - Craig Paton - Swinney softens domestic oil and gas stance in light of Middle East crisis
Swinney softens domestic oil and gas stance in light of Middle East crisis
Evening Standard

Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Scotland's First Minister has softened his…

wsj.com - James T. Areddy - Iran Takes Aim at the Industries Behind the Gulf's Pivot From Oil
Iran Takes Aim at the Industries Behind the Gulf's Pivot From Oil
Wall Street Journal

The oil states of the Persian Gulf have made great strides to diversify their economies in recent years, but they have also created a new vulnerability: more strategic targets for Iran to hit. Outgunned militarily, Iran is wreaking economic havoc…

forbes.com - Siladitya Ray - Markets Rise And Oil Slumps Amid Optimism About Iran War Ending Soon
Markets Rise And Oil Slumps Amid Optimism About Iran War Ending Soon
Forbes

U.S. stock futures ticked up while markets in Asia and Europe soared on Wednesday morning amid renewed optimism about the Iran war ending soon after President Donald Trump said American forces will withdraw from Iran in two to three weeks. Markets…

standard.co.uk - Holly Williams - Oil prices retreat and stock markets rally on Iran war resolution optimism
Oil prices retreat and stock markets rally on Iran war resolution optimism
Evening Standard

Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The cost of crude oil eased back and…

newsweek.com - Jasmine Laws - List of countries turning to four-day weeks as oil crisis bites
List of countries turning to four-day weeks as oil crisis bites
Newsweek

Countries across the globe are turning to various measures to cut back on fuel use as the U.S.-Israeli war against Iran has caused energy prices to surge. Implementing four-day working weeks, cutting back on travel, promoting public transport, and…

thestandard.com.hk - The Standard 英文虎報 - China was ready for an oil shock and now investors are reaping the rewards
China was ready for an oil shock and now investors are reaping the rewards
The Standard

China's readiness for an energy shock has helped its financial markets to turn in a world-beating month and has global investors looking to boost their exposure as the Iran war drags on. SCROLL TO CONTINUE WITH CONTENT Oil stockpiles and resilient…

theguardian.com - Dharna Noor - 'Fossil-fuel imperialism': Trump's hankering for Iranian oil runs deep
'Fossil-fuel imperialism': Trump's hankering for Iranian oil runs deep
The Guardian

Donald Trump said this past weekend he wants to “take the oil in Iran” by seizing control of a key export hub, echoing a refrain he has returned to for over a decade. It's a sign of his disregard for international law and belief in…

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