Read the latest news articles relating to the oil and gas industry.
Oil prices fell after Donald Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz. Trump described the development as a goodwill gesture from Tehran. However, anal... Read more
An oil tanker unloads crude oil at a terminal at the port in Qingdao, in China’s eastern Shandong province on March 11, 2026. – | Afp | Getty Images Chinese industrial firms saw... Read more
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Published: March 26, 2026 at 5:21 p.m. ET .css-1erd2mv-StyledNewsKitParagraph{word-break:break-word;font-size:calc((16 / var(–article-base-font-size)) * var(–article-text-size-sc... Read more
Costco, the mammoth wholesale retailer known for its affordable gold and $1.50 hot dogs, is set to open its first standalone gas station in Mission Viejo, California. Costco has been a compe... Read more
A Dallas County jury on Wednesday evening returned a $1.1 billion verdict in favor of a 7-year-old boy and his parents after finding the child’s stepfather responsible for assaulting him and... Read more
Iran allowed 10 oil tankers to pass through the Strait of Hormuz this week as a “present” to the United States, President Donald Trump said. Iran made the gesture to show the U.S... Read more
WASHINGTON, March 26 (Reuters) – U.S. President Donald Trump said on Thursday that Iran was letting 10 oil tankers transit the Strait of Hormuz as an apparent goodwill gesture in neg... Read more
President Donald Trump said Thursday that neither the spike in oil prices nor the slump in the stock market during the Iran were were as bad he had anticipated. “It’s all going t... Read more
Former national security adviser John Bolton on Wednesday said the “big present” President Trump received from Iran was likely a tanker filled with oil. “I think I’ve speculated about this b... Read more
