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The Latest Breaking News from Oil

Breaking Live 4 publishers covering this story in the last 6 hours

13m ago Fritters and chocolate cake: Thomasina Miers’ recipes for cooking with pumpkin
29m ago Indian bonds tick up on calm oil before Fed verdict
1h ago Sensex, Nifty extend gains despite oil hovering near $115/barrel. What lies ahead?
3h ago The grease hunters of Bengaluru want Leftover fryer oil to fuel India’s Jets
3h ago RBI steps up liquidity support as tighter cash conditions push up borrowing rates: Report

Oil Tanker Traffic Through Strait Of Hormuz Climbs After US-Iran Deal Reopens Key Shipping Route

Iranian oil tankers that went dark during the conflict have resumed transmitting their locations as crude exports begin moving again.

International Business Times · Jun 19

Andy Burnham wins resounding victory in UK byelection, putting him closer to No. 10 keys

Andy Burnham secured a decisive victory in the Makerfield byelection, fueling speculation of a Labour leadership challenge and a potential bid for Prime Minister. Despite calls for his resignation, Keir Starmer remains defiant, vowing to contest any leadership contest. Meanwhile, the Conservatives celebrated a significant byelection win in South Aberdeen,…

The Times of India · Jun 19

Investors take profits after Asian rallies

RECAP: Asian shares reversed course and fell yesterday as investors ‌took profits after record rallies in Japan and South Korea, while signs of an early snag in US-Iran talks lifted oil prices and the dollar.

Bangkok Post · Jun 19

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Israel and Hezbollah agree to halt fighting as talks between the US and Iran hang in the balance

Israel and the Hezbollah militant group agreed to stop attacking each other, officials said, after talks between the U.S. and Iran were called off because of intense fighting in southern Lebanon

AAP · Jun 19

What next for SNP policy on oil and gas after crushing Aberdeen by-election defeat?

AFTER any election defeat, the initial reaction from most political figures is always something along the lines of: “Lessons to be learned. A soul…

The National (Scotland) · Jun 19

Analysis: A confident Iran is pressing its advantage, but challenges loom

Iran sees the interim deal with the U.S. as a strategic win, allowing it to sell oil globally and press its advantage

AAP · Jun 19

US push to get Iran talks started hits an early bump due to intense fighting in Lebanon

High-stakes talks between the US and Iran have stalled as Tehran demands an end to Israeli strikes in Lebanon before negotiations can begin. Vice President Vance's planned trip to Switzerland was postponed amid escalating violence. President Trump expressed confidence in the 60-day negotiation window, while Iran's supreme leader endorsed direct…

The Economic Times · Jun 19

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Electric is the new normal as growing secondhand EV market helps Australian car buyers shift gear

Lower-cost Chinese brands entered the market, the oil crisis pushed up petrol prices, and now a third of all car sales are EV or hybrid

The Guardian - AU · Jun 19

Barack Obama says US is ‘worse off’ than before war with Iran

Former president nevertheless said in an interview that he was happy to see a ceasefire with Iran and hopes it holds

The Guardian - US · Jun 19

John Swinney will 'consider implications' of Aberdeen South by-election defeat

The SNP will 'consider the implications' of its defeat in the Aberdeen South by-election, John Swinney has said

The National (Scotland) · Jun 19

What could US-Iran peace deal mean for UK household costs?

The impact on petrol and food prices, energy bills and mortgages if the truce holds and strait of Hormuz reopens

The Guardian - UK · Jun 19

Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSE

Chennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational autonomy. This elevation, approved by the Union Finance Minister, makes CPCL the 28th such enterprise in India. The company, a subsidiary of IndianOil, boasts a substantial refining capacity and a diverse product…

The Economic Times · Jun 19

Swinney vows SNP will ‘consider the implications’ of Aberdeen South defeat

SNP leader John Swinney said the Tories had managed to capture ‘understandable anger’ felt in the area over the future of the oil and gas sector.

Evening Standard · Jun 19

Israel and Hezbollah agree to renew their ceasefire, officials say

Israel and the Hezbollah militant group have agree to renew their ceasefire after fighting postponed Iran-U.S. talks in Switzerland

AAP · Jun 19

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International Business Times · Jun 19

Oil Prices Muted As U.S.-Iran Talks In Switzerland Get Postponed

Oil prices were largely muted on Friday amid uncertainty over negotiations between the U.S. and Iran to fully cease hostilities and address Tehran's nuclear ambitions.

The Economic Times · Jun 19

India 10-year yield snaps 6-day falling streak as US-Iran talks stall

India's benchmark 10-year bond yield saw a pause in its recent drop on Friday. This change was fueled by stalled talks between the U.S. and Iran, which caused oil prices to tick up, negatively impacting investor sentiment. Additionally, profit-taking by traders following a strong bond price increase played a role.…

The Economic Times · Jun 19

RBI MPC member Nagesh Kumar flags import dependence, Gulf remittances, El Nino risks in minutes

India faces significant economic risks from the West Asia conflict, including potential disruptions to oil and fertilizer imports via the Strait of Hormuz and reduced remittances from the Gulf. El Niño-induced monsoon failures also pose a threat to agriculture. Despite these vulnerabilities, the nation's strong foreign exchange reserves and fiscal…

Motor1 · Jun 19

Florida Man Drains All The Oil Out Of A Nissan. Then He Replaces It With Maple Syrup From Dollar General: 'I Think It Runs Better'

"It’s maple syrup in an engine..."

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AAP · Jun 19

Talks between the US and Iran are called off because of fighting in Lebanon, officials say

Talks between the U.S. and Iran were called off on Friday after intense fighting between Israel and Hezbollah in southern Lebanon

Evening Standard · Jun 19

Labour obsessed with internal drama, says Badenoch as Tories win by-election

The Conservative leader hit out at Sir Keir Starmer as she celebrated victory in Aberdeen South.

The Guardian - US · Jun 19

Fifa urged to drop Saudi oil giant Aramco as activists target World Cup

Fifa has defended its Aramco sponsorship, saying revenues are reinvested back into football at all levels

MyLifeXP · Jun 19

Why Mountain People Still Love This Healthy Pahadi Food ?

In a world filled with trendy superfoods and expensive health supplements, some of the most nutritious foods are still hiding in the mountains. One such ingredient is Linguda, a wild fern that has been a part of Pahadi kitchens for generations. While many people have never heard of it, those…

The Economic Times · Jun 19

Reliance to turn crude into carbon fibre, green chemicals, other materials in major O2C overhaul

Reliance Industries is set to reinvent its oil-to-chemicals business. The company will convert crude oil into advanced materials and green chemicals. This strategy aims to create new revenue streams and reduce exposure to global energy market volatility. Reliance is committed to ensuring India's energy security by future-proofing its legacy business…

The Economic Times · Jun 19

Rupee records strongest week in 11 as bond inflows, softer oil prices lend support

The Indian rupee maintained steady ground against the dollar last Friday, closing almost flat. The day’s trading featured some ups and downs, yet the rupee celebrated its best weekly performance in eleven weeks, thanks to a surge in foreign investments into Indian markets.

The Economic Times · Jun 19

From Hormuz shock to energy security: How Reliance kept India's fuel lifeline intact

Reliance Petrochemicals, Reliance Oil Business, AGM 2026: Reliance Industries ensured energy security during a West Asian conflict. The company redirected domestic natural gas to critical sectors. It also increased LPG supplies fourfold. This action bridged import disruptions and maintained cooking fuel availability nationwide. Reliance's oil and gas business showed strong…

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