The U.S. Strategic Petroleum Reserve (SPR) was created in 1975 by the Energy Policy and Conservation Act, signed into law by ...

The current Gold/Oil Ratio of 73x signals an extreme pricing imbalance between the two commodities. Read why energy equities could offer substantial long-term gains.

On Oct. 17, 1973, the Organization of Arab Petroleum Exporting Countries declared an oil embargo on countries supporting ...

Moones Alamooti does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

NEW YORK, Oct 7 (Reuters) - U.S. oil production is expected to hit a larger record this year than previously expected, the Energy Information Administration said on Tuesday, even as the agency warned ...

Oct. 5 (UPI) --Soybean farmers could be the recipients of between $10 billion and $14 billion in government aid after China's unofficial embargo tanked sales. China stopped buying soybeans after ...

A group of countries in the OPEC+ alliance has agreed to a small boost in oil production, citing a steady global economic outlook NEW YORK -- NEW YORK (AP) — A group of countries that are part of the ...

Saudi Arabia, the de facto leader of the oil cartel, sees advantages in increasing output despite market risks. By Stanley Reed Reporting from London Eight members of the OPEC Plus oil producers group ...

Saudi Arabia, Russia and six other members of Opec+ on Sunday decided to raise their production quotas by 137,000 barrels per day in November, as they continue to push for greater market share. "In ...

This is read by an automated voice. Please report any issues or inconsistencies here. The city of El Segundo was named for a refinery built by the Standard Oil Company The explosion and fire that ...

A massive fire erupted at a Chevron oil refinery that's about three miles south of Los Angeles International Airport in El Segundo, California Thursday night just after 9:30 p.m. The blaze was so ...

Russian authorities report a drone attack on an industrial facility in Orsk, as videos posted online show pillars of smoke rising from the local oil refinery. Ukraine steps up its "deep strikes" ...