The Latest Breaking News from Oil

Stocks Rise as Crude Prices Fall and Bond Yields Stabilize

The S&P 500 Index ($SPX ) (SPY ) is up by +0.26% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.45%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.34%. December E-mini S&P futures (ESZ26 ) are up +0.24%, and December E-mini...

Barchart · Sep 25

US stocks trade higher as AI enthusiasm eases worries over higher oil prices, yields

Wall Street experienced gains driven by optimism in artificial intelligence despite high oil prices and rising Treasury yields. Microsoft shares increased significantly after the launch of new AI capabilities in the Copilot app. Negotiations to address the Middle East conflict positively influenced market sentiment among investors. However, concerns about inflation…

The Economic Times · Sep 25

A Texas oil geologist first saw McKittrick Canyon in 1921, later bought the land for a private retreat

Wallace Pratt's journey began in 1921 when he stumbled upon the breathtaking McKittrick Canyon, igniting a passionate fascination with its natural features. He bought land in the area and raised two residences, one of which was Ship on the Desert. Following the passing of his first spouse, Pratt continued his…

The Times of India · Sep 25

India bonds slide for sixth week as global rout deepens

Indian government bonds continue to struggle amidst escalating global borrowing rates and soaring oil prices. As market participants strategize for a potential rate hike by the Reserve Bank of India, the 10-year bond yield has surged to a four-month pinnacle, instilling investor apprehension. However, Indian bonds have proven surprisingly resilient,…

The Economic Times · Sep 25

Iranian FM Says Hormuz Strait Will Reopen Within Seven Says If U.S. Meets 'Certain Conditions.' Oil Retreats.

"The conditions we have asked the U.S. to meet are nothing new," Abbas Araghchi said.

International Business Times · Sep 25

Trump’s executive order on recreational fishing is a ‘giveaway of fish and ocean ecosystem’, advocates warn

Federal agencies told to prioritize recreational fishing and to reconsider scientific standards as well as regulations

The Guardian - US · Sep 25

Indian Oil Heir Who Runs Controversial Mega-Zoo Made Sustainability Professor at Newcastle University

Newcastle University has defended awarding Anant Ambani a sustainability professorship after academics and conservationists raised concerns about his environmental record and scrutiny surrounding Vantara.

International Business Times UK · Sep 25

Kazakhstan wants crypto miners to use power generated by excess oil field gas

Kazakhstan is allowing crypto miners to use excess associated gas from oil fields to generate their own electricity, in a bid to reduce gas flaring and increase oil output while attracting miners back to the country.

Euronews · Sep 25

India left more exposed to Trump's 100% oil threat as China gets tariff breather

India could find itself more exposed to US tariff pressure over Russian oil after Washington and Beijing extended their Busan trade truce until January 10, 2027, according to GTRI. The think tank's founder Ajay Srivastava argues that China's tariff breathing room leaves New Delhi facing greater risk from Trump's new…

The Economic Times · Sep 25

Russia boost fleet of ships sailing under its flag by a third in defiance of sanctions

It comes after Western countries ramp up seizures of Russia’s shadow fleet, a move criticised by president Vladimir Putin as ‘piracy and robbery’

The Independent UK · Sep 25