Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...

So, here’s the scoop: a major oil discovery in Antarctica has got everyone buzzing, and it’s stirring up quite a debate about the future of energy resources and global stability. This all started with ...

Located in the heart of Canada, the province of Saskatchewan has the resources needed to help ensure food and energy security ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

US drivers could get some relief at the pump in the next two years as oil supply surpasses global demand, according to the US Energy Information Administration. The agency said US gasoline prices ...

Getty Images Oil prices rose Friday, with global benchmark futures recently at their highest levels since the fall. Part of the reason: a report citing the possibility of heightened U.S. sanctions ...

The oil industry is driven by booms and busts. Prices rise during periods of global economic strength during which demand outpaces supply. Prices fall when the reverse is true. Meanwhile ...

The global peak in oil production was reached in November 2018 at 84.6 mb/d. As of September 2024, global oil production has decreased by nearly 4 mb/d to 80.8 mb/d. The total liquids supply is ...

Hundreds of homesteads in Teso want the government to disclose details on the exact locations of the newly discovered crude oil deposits. Several residents indicated they are anxious, especially ...