With 131 refineries currently in operation, the United States has long been the global leader in oil processing capacity, but ...

Brent oil prices could spike above $100 per barrel if the Gulf Arab countries run out of storage space and shut down ...

Oil prices (CL=F, BZ=F) swing upward on Friday as Iran continues to target oil production sites in the Persian Gulf. Yahoo ...

On Tuesday, Judge Donna Geck upheld an injunction against a restart of oil production locally despite an order from ...

Global crude oil production has been unable to recover to its 2018 peak, suggesting that we may have passed the peak oil era. Oil prices are influenced by a complex interplay of factors, including ...

U.S. oil production may have peaked, signaling the end of the shale boom. Diamondback Energy and other major players report reduced drilling and fracking activity in the Permian Basin. Rising costs, ...

The cuts signal a broader storage crisis that poses new risks to the global market.

Shell plc SHEL, a British multinational oil and gas company, headquartered in London, has temporarily halted operations at one of its oil processing units at the Shell Energy and Chemicals Park, ...

Archaeologists unearthed the Roman Empire’s second-largest olive oil processing complex in Tunisia. The find sheds light on the region’s central role in olive oil production and trade, and in turn the ...