Discover the crucial exploration and production stages in upstream oil and gas. Understand how drilling and extraction are ...

Crude oil’s 2026 rally has been shaped by geopolitical shocks, tight U.S. inventories, and major disruptions across key ...

Oil accounts for a large share of the energy consumed in the EU, but the EU member states do not house any large oil reserves. This is why the EU imports almost all its crude oil (around 97% in 2024).

Dated Brent is considered the real-world price tag of crude oil. The spot price of this benchmark rebounded on Thursday, as oil traders closely monitor a fragile ceasefire between the U.S. and Iran.

NIIGATA—What should be liquid gold for residents and Japan at large is instead a daily hazard as the “village of oil” here has no way to harness its petroleum reserves after a botched oilfield closure ...

The U.S. is a net exporter of "crude oil and petroleum products," but in the narrower measure of crude oil by itself — which is the most important factor in determining gasoline prices — the U.S. is a ...

India has not only failed to produce more crude oil from domestic sources, but has also become more and more dependent on ...

Benchmark crude oil prices are little changed Thursday after Iran's state media said ~30 ​vessels had crossed the Strait of Hormuz in recent hours, including a Chinese supertanker carrying 2M barrels ...