Crude Oil News and Headlines
- Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On August 31 08/30/2025On August 31, 2025, Oil Marketing Companies updated petrol and diesel prices across cities like New Delhi, Mumbai, Hyderabad, and more.
- Halt all oil & gas imports from New Delhi: White House pushes Europe to copy US tariffs on India 08/30/2025Trump's team is also pressing Europe to adopt secondary tariffs on India, mirroring U.S. threats made earlier if India failed to stop purchasing Russian crude.
- Bullion set to shine brighter if US jobs report confirms weakness 08/30/2025The uptrend in gold is expected to extend into the coming week, with immediate resistance seen at Rs 1,05,100 per 10 gram and subsequent resistance at Rs 1,06,860 per 10 gram.
- Young activists fight to be heard as officials push forward on devastating project: 'It is corporate greed' 08/30/2025The wave of young people taking action against EACOP could be seen as a sign of growing public frustration over infrastructural projects that promise economic gain while bringing harm to local ...
- Oil company under fire for hiding details about harmful spill: 'I take it personally' 08/30/2025According to the Fort Worth Star-Telegram, authorities had to clean 6,800 barrels of crude oil spilled by a broken pipe north of Lake Arlington. Energy Transfer originally reported that only 2,600 ...
- Technology, Investment Hasten Alaska Oil and Gas ‘Renaissance’ 08/29/2025The annual conference of the Alaska Oil and Gas Association hailed rapid industry changes that promise to boost production for a decade.
- Ukrainian drone strikes halt operations at Russia’s Kuibyshevsk refinery, sources tell Reuters 08/29/2025The refinery, operated by Rosneft, saw both of its main crude distillation units — CDU-4 and CDU-5, each with a capacity of 70,000 barrels per day — taken offline in the recent strikes.
- Dow Jones Top Energy Headlines at 4 PM ET: Oil Futures End Week With Modest Gains | Nvidia ... 08/29/2025A survey compiled by WSJ showed Brent crude is expected to average $63.57 a barrel in the fourth quarter, while West Texas Intermediate is seen at $60.30 a barrel. That is down from last month's ...
- Hedge Funds Slash Bullish Oil Bets to 2007 Low on Glut Concern 08/29/2025Hedge funds winnowed their bullish position on US crude to the lowest in about 18 years as uncertainty over economic policy compounded growing concerns about an oversupply.
- Annual US Crude Production Sets New Record in 2024, But Growth Pace Slows: EIA 08/29/2025The United States pumped an all-time high of 13.3 million barrels per day (bpd) of crude oil in 2024, the Energy Information Administration (EIA) said in its Petroleum Supply Annual released on Friday ...
- Risks Rise as Tankers Sail Longer, Darker Routes 08/29/2025Sanctions are forcing more oil onto rickety tankers and making them sail longer distances, with some 12.5% of seaborne oil trade now in the shadows.
- Gas hasn’t been this cheap on Labor Day since 2020 08/29/2025Labor Day gas prices are expected to average $3.15 per gallon this year — the cheapest since 2020 during the COVID-19 pandemic, according to GasBuddy.