Most of Iran's exported oil goes to China and is carried on so-called "shadow ships," tankers that actively conceal their ...

Countries that are part of the OPEC+ oil cartel have announced they will boost production of crude oil ...

Researchers from Texas A&M and UC Berkeley have successfully conducted the first large-scale experiment ...

U.S. crude oil inventories increased sharply last week as production recovered from winter storm disruptions and imports rose, according to data released Wednesday by the U.S. Energy Information ...

A new FG report projects Cross River will regain its oil-producing status, attributing over 100 new oil wells to the state ...

The cartel pledged to increase output by 206,000 barrels a day from next month, and said that members would “closely monitor and assess market conditions.” ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. FREEPORT, TEXAS - JANUARY 14: The Nave Photon crude oil tanker is ...

SINGAPORE, Feb 1 (Reuters) - Two tankers suspected of illegal ship-to-ship oil transfers were detained and more than 512 million ringgit ($129.9 million) worth of crude oil seized 24 nautical miles ...

By Mariela Nava , Marianna Parraga and Ana Isabel Martinez CABIMAS, Venezuela, Feb 19 (Reuters) - In September, a rig used to drill wells in shallow waters completed the long trip from China to ...

The Strait of Hormuz, a 33km-wide pinch point through which 20 to 30 per cent of all global oil production travels, is "practically closed", Iranian state media has said. At least three tankers were ...

(RTTNews) - Rebounding from yesterday's steep losses, crude oil surged on Tuesday as the U.S. dollar index moved lower. In addition, a U.S.-India trade agreement rejuvenated the markets, leading to ...