There was a failure of the designed well barriers on the evening of April 6, leading to a loss of control over the pressure ...

The U.S. Army Corps of Engineers has released a draft analysis of the environmental effects of building a protective tunnel around an aging Enbridge oil pipeline running beneath a channel connecting t ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

The Supreme Court has overruled a lower court in favor of a plan to ship crude oil through Colorado to the Gulf Coast.

A cadre of Greek shipping magnates has stepped back into the fold as the go-to distributors of Moscow’s crude to the world.

U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...

Nicknamed the “champagne of crude oil”, Murban oil –of which a drop was encased and gifted to visiting US President Donald Trump on Friday– is a high-quality, “light, and sweet” crude ...

June WTI crude oil (CLM25) Thursday closed down -1.53 (-2.42%) and June RBOB gasoline (RBM25) closed down -0.0356 (-1.64%). Crude oil and gasoline prices fell sharply Thursday after President ...

U.S. Crude Oil Supplies Rise Unexpectedly U.S. crude oil inventories posted an unexpected build last week, while product stocks fell amid higher demand, according to data from the U.S. Energy ...

U.S. crude oil inventories posted an unexpected build last week, while product stocks fell amid higher demand, according to data released Wednesday by the U.S. Energy Information Administration.

which allows local refineries to purchase crude oil—traditionally sold in U.S. dollars—in Nigeria’s local currency, the naira. Designed to bolster domestic refining and shield operators from ...