Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Energy Up With Oil Futures -- Energy Roundup
Shares of energy companies rose alongside oil futures amid doubts about the sustainability of a U.S.-Iranian cease-fire. The price of Brent crude oil, the international benchmark, was edging toward $100 Tuesday afternoon after reports that Vice…
Daily on Energy: Oil market drama and Wright backtracks
Welcome to Daily on Energy, written by Washington Examiner energy and environment writers Callie Patteson (@CalliePatteson) and Maydeen Merino (@MaydeenMerino). Email cpatteson@washingtonexaminer dot com or mmerino@washingtonexaminer dot com for…
Trump invokes Defense Production Act to boost oil, coal and energy infrastructure
President Trump on Monday invoked wartime authority under the Defense Production Act (DPA) to try to push for more oil, gas and coal. The DPA gives the president the authority to increase the production of certain items to advance national…
Trump is an absolute disaster for the oil and gas industry
You have reached your maximum number of saved items. Remove items from your saved list to add more. Add articles to your saved list and come back to them anytime. The bittersweet joke in energy circles is that the Nobel committee should create a…
Higher Oil Prices Pose a Dilemma for US Shale
This article is for subscribers only. Welcome to our guide to the commodities driving the global economy. Today, energy reporter David Wethe looks at the path ahead for US shale drillers as oil trades 30% above prewar levels. The casual observer…
So what is the real oil price right now?
For all my reporting life, I've dreaded one question: What is the price of oil — the real one? Invariably asked during a crisis, it demands a neat answer, a precise dollar-per-barrel figure. But each time my reply is anything but: It depends…
Oil, Equities, and Relative Valuation Trends: Macro Man Podcast
Bloomberg's Cameron Crise discusses the statistical linkage between US equities and oil, as well as relative valuation trends across global stock markets.
Oil prices fluctuate as status of US-Iran peace talks remains unclear
Global oil prices fluctuated in early Asian trading on Wednesday as the status of peace talks between the US and Iran remains unclear. On Tuesday, US President Donald Trump said he will extend a ceasefire with Iran until talks between the two…
Oil Rises on Strait of Hormuz Likely Remaining Closed
0010 GMT — Oil rises in early trade on prospects that the Strait of Hormuz might stay effectively closed. President Trump extended the cease-fire with Iran, but added that the U.S. will continue the blockade of the country's ports until…
China Aggressively Sold Oil in Recent Weeks, Mercuria CEO Says
Chinese oil companies have been aggressive sellers in recent weeks, selling barrels to several nations in tenders, according to the chief executive officer of commodity trader Mercuria Energy Group Ltd. “What has been happening in the last…
Famed investor Jeremy Grantham warns of 'painful' consequences from the oil spike
An investing legend has a warning for investors: more pain is likely coming. Jeremy Grantham, the famed bubble watcher and cofounder of GMO, said he believes the outlook for the US economy in markets looked 'dangerous.' That's due to a confluence…
U.S. forces board an oil tanker previously sanctioned for smuggling Iranian crude oil
U.S. forces have boarded an oil tanker previously sanctioned for smuggling Iranian crude oil in Asia, the Department of Defense said Tuesday. In a social media post, the Pentagon said U.S. forces “conducted a right-of-visit maritime…
The IEA Just Cut Its Oil Demand Forecast. Here's What Energy Investors Need to Know.
The International Energy Agency (IEA) recently released its Oil Market Report for April and significantly cut its global oil demand outlook for 2026. The cut is significant and highlights a key point about the crisis over the closure of the Strait…
Asia's Largest Oil Buyers Are Running Low on Hormuz Alternatives
Asia's largest oil buyers have been able to lean on workarounds to limit the impact of more than seven weeks of war in the Persian Gulf, shielding not only their own economies but those of neighbors competing for cargoes. That luck is beginning to…
North Sea Oil Firm Seeks Controversial Tax Break to Cement Sale
This article is for subscribers only. Welcome to The Brink. I'm Constantine Courcoulas, a reporter in London following the courtroom drama play out between a North Sea oil producer and the UK tax authority. We also have news on an attempt by…
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