American Petroleum Institute reportedly shows a build of 2.86M barrels of oil in U.S. commercial stockpiles for the week ending January 24.

By John Lee. Oil output at Iraq's Rumaila oilfield is reportedly down by 300,000 barrels-per-day (bpd) following a fire last week. The fire is said to have occurred in a decommissioned storage tank at ...

Oil prices fell about 2% to a two-week low on Monday as news of surging interest in Chinese startup DeepSeek's low-cost ...

Researchers plan to study whether carbon can be stored underground in the oil fields of Osage and Kay counties.

A fire broke out at a crude processing unit at Iraq's Rumaila oilfield on Friday and fire crews were trying to bring it under control, three energy sources told Reuters. Operations ...

BASRA (Reuters) -A fire at Iraq's Rumaila oilfield was brought under control on Friday, the country's oil ministry said in a ...

Addition of Savannah blending facility includes 5.8 million gallons of storage, eight railcar spots, and four tank truck ...

As the days grow shorter and temperatures dip, preparing your home for winter becomes essential. One key component to keeping ...

When the sun doesn’t shine and the wind doesn’t blow, humanity still needs power. Researchers are designing new technologies, from reinvented batteries to compressed air and spinning wheels, to keep ...

Portland’s new city council is deliberating the future of Zenith Energy’s oil terminal, with many questions and concerns ...

The North Dakota oil industry, state regulators and environmentalists are all preparing for policy changes under President ...

Oil storage is a type of trade wherein vertically integrated companies purchase oil for immediate delivery and store until the price of oil increases. This storage can be for a short span of time, as ...