CALGARY, Alberta, April 21, 2025 (GLOBE NEWSWIRE) — Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera”, “PEI” or the “Corporation”) GlobeNewswire ...

W ASHINGTON, 12th April, 2025 (WAM) – U.S. crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million barrels per day (b/d). Despite this new ...

The Nigerian Upstream Petroleum Regulatory Commission has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion barrels of crude oil and condensate ...

Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic, with officials preparing policy responses for a drop in revenue such as issuing more ...

The price of Brent crude oil has fallen to $61 per barrel from an average of $79 per barrel in January, when the Trump administration took charge. There are several reasons for the sharp fall.

U.S. crude oil inventories rose for a second consecutive week amid an increase in net imports, according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude ...

Officials say the amount of crude oil spilled, near Fort Ransom, is estimated at 3,500 barrels (147,000 gallons). The pipeline was shut down after the leak was found. The release is confined to a ...

The price of WTI Crude oil is around $57.70, and Brent is at $60.69. Experts warn of further declines due to escalating trade tensions.(Photo: Bloomberg) Both benchmarks have tumbled over the five ...

A farmer told The Associated Press he could smell the scent of crude oil, carried by the wind. South Bow, a liquid pipelines business that manages the pipeline, estimated the spill's volume at ...

U.S. crude oil futures jumped more than 4% on Wednesday, booking its best day since October of 2024 after President Donald Trump announced a lower tariff rate for countries except China.

But there are probably few industries feeling more aggrieved right now than US shale oil. Over the last 15 years, it has made America the world’s top crude producer, lowered energy costs and ...

NEW YORK (Reuters) - U.S. crude oil stockpiles rose last week as imports increased and exports fell to their lowest since January, while gasoline and distillate inventories drew down, the Energy ...