It is estimated that nearly four billion barrels of oil remain in the Illinois Basin, writes Seth Whitehead of the Illinois ...

Commercial crude oil stocks are seen falling by 600,000 barrels to 442.6 million barrels in the week ended May 23, according to the average estimate of eight analysts and traders. Three expect an ...

Precision Drilling's focus on Canada's robust oil market and U.S. natural gas basins could help it thrive despite low oil ...

A slowdown in drilling activities in the Permian Basin, the largest U.S. shale oil production region, should provide some underlying support to the price of crude oil, Goldman Sachs said in its most ...

Political analyst Steve Ellner dissects Gabriel Hetland’s simplistic critique of the Maduro government in Venezuela.

When oil prices plunged to four-year lows this year, many analysts immediately turned to the inflation narrative, dusting off ...

The system also includes Synthetic Aperture Radar (SAR) imaging analysis to identify dark grey regions associated with oil presence and detailed information about the spill location and volume.

Saudi Arabia is pushing for quicker oil supply increases to pressure OPEC+ members who overproduce. OPEC+ likely to unwind 2.2 million bpd of voluntary output cuts in much shorter time than ...

Oil dropped after OPEC+ agreed to another large output increase, raising concern that additional supply could lead to a global glut just as the trade war threatens demand. West Texas Intermediate ...

Suppose a company under analysis has some announcement, which can potentially be good for them, you might have seen the price rise before the actual release of the information. For example ...

LONDON, May 2 (Reuters) - Top oil and gas companies are watching the worsening global economic outlook with trepidation, but they currently appear to be doing little to correct course in the face ...

President Trump cast himself on the campaign trail as the savior of U.S. oil and gas. His shock treatment of the American economy has left the industry reeling. Since Trump took office, ...