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

"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply disruptions caused by new U.S. sanctions on Russia, while a Gaza ceasefire deal ...

America leads the world in energy dominance, excelling in oil, gas, renewables, and biofuels. Explore how U.S. innovation and ...

“The Three Forks Formation is a prolific unconventional ... Bakken play and less than 2% of total output. Related: Oil Rises as Crude Inventories Continue to Draw What the state’s researchers ...

Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million ...

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.

Crude oil further tested resistance on Tuesday around the top boundary line of a large symmetrical triangle formation and the most recent swing high at 79.09. An upside breakout of that line ...