Source: BBC Image caption,Costs are soaring as demand for oil and gas rises much faster than output Texas oilman Jason Herrick is scrambling to pump more oil, chasing the promise…
Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products,…
Price action West Texas Intermediate crude for June delivery CL.1, -3.76% CL00, -3.74% CLM22, -3.73% slumped $3.95, or 3.8%, to $100.74 a barrel on the New York Mercantile Exchange.July Brent crude BRN00, -3.29% BRNN22, -3.41%, the global benchmark, dropped $3.82, or 3.5%,…
April 29 (Reuters) - U.S. energy firms last week added oil and natural gas rigs for a record 21 months in a row as high prices and prodding by the…
Source: Robert Rapier - Apr 05, 2022, 3:00 PM CDT | OilNews.com This week, the American Petroleum Institute (API) estimated the inventory draw for crude oil to be 3.089 million…
Oil Tanker Takes a Meandering Path In the AtlanticSource: MarineTraffic.comhttps://www.nytimes.com/2022/04/02/climate/oil-tankers-russia.html The ship, originally sailing to Philadelphia, apparently lost its buyer in the middle of the Atlantic. A number of tankerscarrying…
Russia is the world’s second highest exporter of crude oil after Saudi Arabia. In 2019, 48 countries bought Russian crude oil worth $123bn. Oil prices have surged following Russia’s invasion…
Please do not pump gasoline directly into a plastic bag, we're begging you. BY NATALIE WALLINGTON | PUBLISHED FEB 25, 2022 2:00 PM | Source: Popular Science Approved containers are the best way…
Reuters: A GOI company truck is seen next to fuel pumps at a Cepsa petrol station in Cuevas del Becerro, Spain, November 29, 2021. REUTERS/Jon Nazca/File Photo NEW YORK, Jan…
Reuters – U.S.' Blinken assures global energy supply won't be disrupted Biden threatens sanctions on Putin over any Ukraine invasion U.S. crude, gasoline stocks build, even as fuel demand surges…