The Latest Breaking News from Oil

IMF warns global economy ‘could soon test the limits of resilience’

World Economic Outlook says states’ oil stocks are low and budgets are overstretched, as it upgrades UK GDP growth forecast for 2026

The Guardian - UK · Oct 13

Oil ticks lower as Russia diesel supply prospects counter Gulf supply risks

Oil prices dipped following a prior rise, with Brent crude futures down by 61 cents per barrel. Traders weighed supply risks stemming from recent assaults in Saudi Arabia and the potential increase of Russian diesel imports. Ongoing concerns about the robustness of Gulf energy infrastructure arose after strikes near vital…

The Economic Times · Oct 13

Aussie shares pare early losses, mining and tech drop

A sell-off in global microchip stocks has hammered the technology sector, as competition and concentration worries rattled confidence in the AI narrative.

AAP · Oct 13

'We Noticed From The Carfax': Woman’s Jiffy Lube Oil Change Turns Disastrous. Corporate Still Hasn’t Called Back

“I can’t accelerate or anything."

Motor1 · Oct 12

Trump claims he brokered an energy ceasefire on Truth Social. Then glide bombs hit Kharkiv and the Kremlin responds: ‘We don’t want a ceasefire’

There seems to be a complete breakdown of communications between them.

We Got This Covered · Oct 12

Stocks Settle Lower as Crude Prices Jump and Chipmakers Fall

The S&P 500 Index ($SPX ) (SPY ) closed down by -0.06% on Monday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up by +0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.71%. December E-mini S&P futures (ESZ26 ) fell -0.04%, and December E-mini...

Barchart · Oct 12

US stocks: Nasdaq ends lower as oil prices surge ahead of earnings, economic data

The Nasdaq composite index faced a downturn as oil prices surged following attacks on a Saudi airport. With major banks set to release their earnings reports, investor focus sharpens this week. The S&P 500 and Dow Jones saw mixed performances, while the energy sector thrived. Heightened inflation concerns due to…

The Economic Times · Oct 12

French navy intercepts and boards 'shadow fleet' ship, Macron says

Ukraine's Main Directorate of Intelligence says the DF Peak tanker is involved in the transportation of Russian crude oil and that it is associated with the Sovcomflot shipping firm.

Euronews · Oct 12

Dollar Rallies on Higher Crude Oil Prices and Hawkish Fed Comments

The dollar index (DXY00 ) rallied to a 1.5-year high on Monday, finishing up +0.37%. The dollar rallied on Monday amid stronger crude prices. WTI crude rose more than +2% on Monday, raising inflation expectations that could prompt the Fed to tighten monetary policy and support the dollar. The dollar...

Barchart · Oct 12

Airlines raised fares as fuel costs surged, but Delta’s CEO says those higher ticket prices could be here to stay as long as demand holds up

Oil prices are more than 70% higher than they were a year ago.

Fortune · Oct 12