Oil

Saudi Arabian Oil Co., the world’s largest oil exporter, is planning to spend between $70 billion and $80 billion on overseas acquisitions and investments

Saudi Arabia is spending generously now on Asian refiners to lock in its position as the region’s biggest supplier of oil for decades to

The U.S. will become one of the world’s largest oil exporters if domestic production continues to surge and policy makers lift a four-decade ban that keeps

Oil traders are mispricing crude futures for later this decade because they’re underestimating how a collapse in spending will affect supplies, according to

Iraq, OPEC’s second-biggest producer, will start exporting Basrah Heavy crude next month after offering discounts for the new grade in Europe, Asia and the

Saudi Arabia has a response to the global surplus of oil: Raise output to near-record levels and then pump even

As a daily consumer of energy, I’ve been selfishly happy about the lower fuel prices of late. Low gas prices are good – at least that’s what

Global oil demand is set to rise by 1 million or even 1.5 million barrels per day (bpd) in 2015, according to a range of

U.S. Senator Lisa Murkowski, today announced plans to introduce legislation this year to end the 40-year-old ban on exporting U.S. crude oil.  Her remarks

A few months after snapping up the most heavily discounted Mexican oil in 20 years, Asian refiners are discovering some of these bargains may have been

Oil traded near the highest price this year amid speculation a slowdown in the U.S. shale boom will ease the biggest supply glut since

Saudi Arabia, which increased oil production to 10.3 million barrels a day in March, is ready to bring stability to prices, said oil minister Ali

Refiners are poised to make gasoline at a record pace this year, keeping the biggest U.S. crude glut in more than 80 years from overflowing

Conflict in Yemen risks spilling out into the busy sea lanes that pass it and potentially disrupt the narrow Bab el-Mandeb passage through which nearly 4

Saudi Arabia’s plans to expand local refineries while maintaining its share of the global crude market point to one thing: higher

“We are seeing downside momentum now develop in the

About a dozen U.S. drilling executives, including ConocoPhillips Chief Executive Officer Ryan Lance, were in Washington this week trying to persuade White

Rebalancing is already under way in the oil market. On the supply side, there are some signs the surge in crude from U.S. shale plays is beginning to level out

“This tidal wave of crude oil is just too

[contextly_sidebar id=”5GVXqgNlEi8QHDtIGThHHMGcbhQb0Tlg”]Have you ever been curious about history of oil spills? Or wonder what was the most famous