Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

The Latest Breaking News from Oil

I make a natural spider deterrent every summer using citrus peels — here's how to spider-proof your home for free

Stop spiders from entering through open summer windows with this zero-cost citrus trick.

Tom’s Guide

Cotton Posting Early Monday Gains, as Ratings Slip

Cotton prices are rallying another 102 to 122 points so far on Tuesday morning. Futures posted 112 to 138 point gains on Monday in the front months, with deferreds up 48 to 99 points. The outside markets were quiet, as Crude oil was down 9 cents, with the US dollar...

Barchart

What went through the nose of Tyler Reddick's car at Chicagoland?

During the NASCAR Cup race at Chicagoland, Reddick struck a piece of debris that instantly punctured both the radiator and oil cooler

Motorsport

From analysis to the latest developments in health,
read the most diverse news in one place.

'Send the complaint to the dealer and me': Nitin Gadkari throws down E20 challenge

Union Minister Nitin Gadkari challenged critics to name any car facing issues with E20 petrol. He stated that India's fossil fuel dependence is an economic and environmental burden. Higher ethanol blends reduce reliance on imported crude oil and cut carbon emissions. Ethanol production from corn has generated significant income for…

The Economic Times

Oil Climbs As New Iranian Attack In Hormuz Strait Could Throw Wrench In Washington-Tehran Talks

Oil prices are climbing in Tuesday after Iran struck two vessels transiting through the Strait of Hormuz.

International Business Times

Indian state refiners ready for Iran oil if US extends waivers

Indian refiners are exploring Iranian crude purchases if US waivers extend beyond August. They have fully contracted shipments through August, limiting immediate buying options. Refiners may still buy Iranian oil if discounts are significant and competitive. Russia's oil is currently selling at steeper discounts, making Iranian oil less appealing. India's…

The Economic Times

Local pump prices cut as global oil prices ease

Fuel prices in Thailand are being reduced in line with the decline in global oil prices, with diesel falling by 2.56 baht per litre and all grades of gasoline by 2.51 baht, effective from 5am on Wednesday.

Bangkok Post

Read news from The Economist, FT, and more,
with one subscription

Ukraine war is not going well for Russia – how dangerous is this for Vladimir Putin?

The mood regarding the war in Ukraine has changed in recent months. Ukrainian drones have struck Russian oil infrastructure, causing fuel shortages across Russia. And the Ukrainian president, Volodymyr Zelensky, is exuberant about finishing the war from a “position of strength”.

The Conversation

OPEC+ to pump more oil as market fears shift from shortage to glut

OPEC+ is opening the taps again, extending its production increases as Gulf oil flows recover and prices cool. But with supply rising faster than demand, fears of a global glut are mounting

Fortune

SNP MSP breaks with Scottish Government on Jackdaw and Rosebank

The announcement comes after the party lost the Aberdeen South by-election last month.

Evening Standard

Samsung Electronics profits surge 1,800% annually amid artificial intelligence spending boom

South Korean chipmaker Samsung Electronics posted record quarterly profits Tuesday thanks to the global AI infrastructure buildout coupled with a memory chip shortage. Also in this edition, oil futures rise as tensions reignite in the Hormuz Strait and Canada commits to its biggest-ever defence contract. Finally, Cuba experiences its third…

France 24

Seoul dives on tough day for Asia as Samsung fails to ease tech woes

Seoul stocks led Asian market losses as Samsung's shares tumbled significantly. Investors remained cautious despite strong earnings and AI-driven demand for memory chips. Wall Street indexes reopened with gains, easing worries over a tech sector retreat. Oil prices climbed over one percent after an incident off Oman's coast. Traders await…

The Economic Times

Analyst Says This Is Why Global Oil Prices Are Rising Amid OPEC+ Agreement: It Has All to Do With Refineries

GasBuddy analyst Patrick De Haan said that global oil prices were rising as limited refinery capacity across the globe could lead to supply issues.

Benzinga

Shell boosted by oil price spike due to Iran war — but gas production takes a hit

Ongoing conflict in the Middle East has impacted gas production output from Qatar

The Independent UK

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Global Market: Asian refiners turn to cheaper Gulf oil despite Saudi price cuts

Saudi Arabia significantly reduced crude oil prices for Asian buyers this month. Rival Gulf producers are offering better value and deeper discounts to attract customers. Higher transportation costs from within the Persian Gulf also reduce Saudi crude's appeal. Weak demand across Asia, especially in China, further impacts Saudi oil sales.

The Economic Times

Global oil market weathers Iran war shock, but reserve depletion raises future price risks

The global oil market absorbed record supply disruptions during the Iran conflict without triggering a prolonged price shock. But analysts warn that depleted strategic reserves, damaged energy infrastructure and unresolved tensions around the Strait of Hormuz have left the market more vulnerable to future oil price spikes.

The Economic Times

One attack, one warning: The world's energy lifeline is still vulnerable

An attack on a Qatari LNG carrier in the Strait of Hormuz has raised concerns. This incident suggests ongoing threats to commercial shipping in the vital waterway. Energy markets may face potential repeated disruptions rather than widespread conflict fears. The dispute over Hormuz control remains unresolved, impacting global energy supplies.

Evening Standard

Shell sees boost from oil price spike amid Iran war, but gas production hit

Shell’s PearlGTL site in Qatar stopped production in March after being hit during attacks.

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Saudi Arabia mulls big new plan, eyes post-war oil route reset to bypass volatile Hormuz

Saudi Arabia is considering expanding its crude oil pipeline capacity. This move aims to bypass the Strait of Hormuz for exports. Neighbouring countries like Kuwait are also in talks for pipeline access. The expansion could accommodate an additional two million barrels daily.

The Times of India

A Native American tribe once relied on oil and gas; now its desert land will help power Meta’s new data center

The Ute Mountain Ute Tribe is developing a large solar project. This initiative will supply clean energy to a new Meta data center. The project marks a significant shift from the tribe's oil and gas revenue. Renewable energy developers face policy uncertainties and permitting challenges. The tribe secured approvals before…

The Economic Times

The likely loser in Gulf's post-war race for oil market share

United Arab Emirates is leading oil producers in a fierce market share battle. Saudi Arabia and other Gulf nations are increasing exports significantly. Exporters are offering steep discounts to attract buyers for their surplus crude. This aggressive push has weakened oil prices and challenged OPEC's authority.

The Economic Times

Global Market: Euro zone inflation risks persist despite oil price retreat, ECB's Schnabel warns

ECB Executive Board member Isabel Schnabel said the euro zone economy has not returned to pre-war conditions despite lower oil prices, citing persistent core inflation, energy market risks and supply chain pressures. Her remarks suggest policymakers remain cautious on inflation, while another ECB official struck a more optimistic tone on…

The Guardian - UK

Fuel on the fire: why oil companies are profiting as the world gets dangerously hot

The scientific consensus is that burning fossil fuels drives the climate crisis, yet the world’s biggest oil companies are planning to increase production

France 24

Three tankers hit in latest attacks in the Strait of Hormuz, British military says

Three tankers were struck in the Strait of Hormuz on Tuesday, the British military said, in a sharp escalation of attacks on commercial shipping through the vital waterway at the mouth of the Persian Gulf.

The Economic Times

India bond rally pauses ahead of state debt sale

Indian government bonds traded range-bound early Tuesday, pausing a three-session rally. Traders awaited a large state-debt auction, which will sell bonds worth 213.50 billion rupees. Oil and U.S. Treasury yields trading sideways provided no fresh directional triggers for the market. Sustained foreign buying is expected to continue underpinning sentiment in…

1 … 69 70 71 72

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.