There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending ...

President Joe Biden will soon announce a release of 15 million barrels of oil from the nation’s emergency reserves. The move completes Biden’s March directive to release 180 million barrels from the ...

Analysts at investment banks currently forecast the price of WTI oil to be at least $65 by the end of 2019. How reliable are those predictions? Let’s look at their forecasts over the past two years.

LONDON (Reuters) - The world's biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a slump in demand because of the coronavirus crisis and a price ...

Southern California beaches are closed and coastal cleanup continues as up to 144,000 gallons of crude oil from a ruptured undersea refinery pipeline began washing ashore this week. Amplify Energy, ...