Crude oil reached a 26-week high last week but faces a bearish reversal after breaking $77.30, with key support and ...

The American Petroleum Institute reported an unexpected increase in U.S. crude oil inventories, causing a dip in crude oil ...

U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...

Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...

Here’s a look at crude oil reserves and production around the world. Facts Crude oil is a form of liquid petroleum, extracted from rock formations and used for fuel and other purposes. Members of the ...

The US Strategic Petroleum Reserve (SPR) is a stockpile of crude owned by the US government. It provides a back-up supply of crude oil if the commercial oil supply is disrupted.

Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...

A warning of potential supply constraints in oil production, impacting prices and investments despite institutional forecasts ...

Crude oil surged to 79.38, breaking resistance and confirming strength, but overbought signals suggest a possible pullback or consolidation before further gains.

"End of the day, there is no shortage of oil out there," Mizuho analyst Robert Yawger said, noting that U.S. oil production ...

CB&I today announced that it has been awarded a significant* contract by VMOS, S.A., for the engineering, procurement, fabrication, and construction (EPC) of 630,000 cubic meters (4 million barrels) ...