The United States held a record-high level of commercial crude oil inventories as of the week to June 19 following the collapse in demand in the lockdown and the slow demand recovery after lockdowns ...

The U.S. says Iran has seized commercial oil tankers in the Persian Gulf area. In a sign of rising tensions between the U.S. and Iran, U.S. Marines are poised to be placed aboard commercial ships ...

Crude oil stocks in the U.S., not including the SPR, were at 436.5 million barrels on July 19, according to the EIA. Image by Dragon Claws via iStock U.S. commercial crude oil inventories, excluding ...

US commercial crude inventories have recently experienced a large weekly draw, which could indicate higher oil prices in the near future. The US government has been using its Strategic Petroleum ...

Uganda has been racing to bring its oil and gas fields in the west of the country into commercial production, a long-awaited ...

Crude oil stocks, excluding the SPR, stood at 428.4 million barrels on November 22, according to the EIA. Image by Mst Khotaja Begum via iStock U.S. commercial crude oil inventories, excluding those ...

Pennsylvania is the birthplace of commercial oil production in the U.S.Edwin Drake drilled the first well specifically intended to produce oil in Titusville, which is in the northwestern part of the ...

An elite government-appointed group called the National Conservation Commission is charged with taking a comprehensive inventory of natural resources in the United States and discover where resources ...

BEIJING, July 23 (Reuters) - China's top oil firm, PetroChina, has started building 1 million cubic metres, or about 6.3 million barrels, of crude oil storage tanks in southwestern Sichuan, ...

Crude storage tanks in the United States are nearly 65 percent full as record low oil prices and falling fuel demand caused by the coronavirus pandemic take their toll on the industry. After in ...

The Spectroil family of oil analysis optical spectrometers consists of the Spectroil M/C-W for commercial oil analysis, the Spectroil M/N-W for military applications and the Spectroil M/F-LD for gas ...

The government has said there will be no further extensions for the Chinese and French oil companies conducting exploration and development works in Uganda, setting July 2026 as the date for the start ...