The U.S. Department of Energy has authorized the release of 1 million barrels from the Strategic Petroleum Reserve to address ...

Chevron Corporation CVX, a Houston, TX-based integrated oil and gas company, has confirmed that the recent start-up of an offshore well led to zinc contamination in the Mars crude oil stream, ...

Beyond that, China’s trade balance data revealed a larger-than-expected surplus in June, boosted by a sharp increase in ...

The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...

Crude oil production in the US soared to a record 12.9 million barrels per day in 2023, up by 158% since 2008, when fracking started becoming a significant factor.

Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

Crude oil, or petroleum, is a hydrocarbon formed by the decay of large amounts of dead organisms such as plants, algae, and bacteria packed Skip to main content PREMIUM PRODUCTS ...

Petroleum, also called crude oil, is a naturally occurring liquid found beneath the earth’s surface that can be refined into fuel. Skip to content. News Markets Companies Earnings ...

The crude oil we’re buying is thick and has lots of sulfur, hence it’s called heavy sour. The stuff we’re pulling up isn’t and doesn’t, so it’s called light sweet.

Over a long period, the four major petroleum products track very closely with crude oil prices. I indexed prices to June 2006 at 100. Source: EIA; Note: Prices are Index at 100 based on June 2006 ...

The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...