Most of the reserves in the country are extra-heavy oil that’s tough to extract and generates more greenhouse gases. By Lisa Friedman Reporting from Washington Venezuela’s oil reserves, thought to be ...

Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing peace talks between Russia and Ukraine, and a wave of oversupply hitting ...

Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion. According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil ...

Crude oil is historically very undervalued versus gold, with the gold-to-oil ratio near modern record highs above 70x. Market sentiment may be overly bearish on oil, as commercial traders are nearly ...

The biosurfactant activity of the crude extracts produced by P. aeruginosa strain UA and ATCC 27853 was evaluated using microplate, oil spreading, and drop collapse assays, each performed in ...

Crude oil stocks, not including the SPR, stood at 421.2 million barrels on October 31, the EIA's latest weekly petroleum status report showed. Image by Artphoto13 via iStock U.S. commercial crude oil ...

U.S. crude oil fell 4% on Friday, after President Donald Trump threatened China with higher tariffs in retaliation for Beijing imposing stricter export controls rare earth minerals. U.S. crude oil ...

The oil and gas industry is one of the largest sectors in the world, valued at $6.10 trillion in 2024 and projected to surpass $8.79 trillion by 2034. The sector also generated more than $4.2 trillion ...

(RTTNews) - Crude oil fell sharply on Friday, as following the highly anticipated interest rate cut by the US Federal Reserve on Wednesday, traders dissected the Fed's message hinting at underlying ...

Despite very strong refinery runs in August, China had 1 million barrels per day (bpd) of more crude available than processed at refineries, suggesting that the world’s top crude importer continues to ...