oil industry

The oil industry is a global sector involved in the exploration, extraction, refining, and marketing of petroleum products. It produces fuels and other materials essential for transportation, energy, and manufacturing.

Why it’s in the news: It is in the news due to its legal battles over climate change, price volatility, political interventions, and its role in funding international conflicts.

Latest on oil industry

• Oil Industry’s Bid to Kill Climate Change Lawsuits Faces SCOTUS Skepticism
• US oil industry warns diesel prices will not return to normal for a year
• US oil industry pushes back against proposed diesel export ban
• Trump’s big Venezuela deal leaves U.S. oil industry blindsided
• The attacks are part of a wider Ukrainian campaign to cripple the oil industry whose revenues finance Russia's war effort
• Oil billionaire heir's appointment as UK university professor sparks outrage

Connections

4 entities linked to oil industry across the news graph.