Imagine, if you will, a humble, dark liquid pulled from deep within the Earth, mysterious, dense, and seemingly simple. Yet, in the right hands, this “black gold” holds the power to fuel your car, ...

Over the next five years, advanced refineries are set to make giant strides in energy efficiency and digitization.

(Reuters) -Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signaled weaker demand, while worries about a new China-U.S. trade war fueled fears of ...

Crude oil inventories in the United States saw a colossal build of 8.7 million barrels during the week ending January 31, according to the U.S. Energy Information Administration. Crude oil prices ...

But anger has erupted in Canada, with people calling for a boycott of US products, and some even calling to stop the export of oil to the country’s southern neighbour. However, blocking crude ...

Saudi Aramco set March official selling price (OSP) for its Arab Light crude to North America at $3.8 per barrel above the Argus Sour Crude Index (ASCI). The Arab Light price for buyers in West Europe ...

Though the administration has committed to sweeping away regulation of the oil and gas industry ... not to expect a major drilling ramp-up. "As crude prices come down, we expect the industry ...

China also said it would slap a 10 percent tariff on crude oil, pickup trucks, agricultural machinery and large-displacement cars. The tariffs are set to take effect Monday. “The US’s ...

The fresh duties, announced by China’s Ministry of Finance, levy a 15% tax on certain types of coal and liquefied natural gas and a 10% tariff on crude oil, agricultural machinery, large ...

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Gas prices could increase as a result of the tariffs, which would affect crude oil flowing from Canada to the U.S. and negatively impact New Jersey’s construction and shipping sectors.