The U.S. maintains a store of crude oil in its Strategic Petroleum Reserve. Releasing this oil can affect fuel costs, but ...

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

How High Can Oil And Gas Prices Go? “Our base case assumed that an unprecedented disruption would remain improbable. That assumption failed,” Natasha Kaneva, head of global commodities research at ...

Global energy markets face a pivotal moment. Although OPEC+ crude production is beginning to plateau, the seeds for an oil supply glut have been sown. Analysts anticipate a rise in crude surplus, ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. A slump in active oil and gas rigs across the United States has ...

OPEC+ has ramped efforts to increase its share of global oil production: It’s announced yet another 411,000 barrels per day increase in crude production for July from June. Persistently lower oil ...

Crude oil prices play a pivotal role in shaping the landscape of the oil and gas sectors, influencing various aspects of companies operating within these industries. One of the most significant ...

Of all the technological progress of the past few decades, there is a good argument to be made that a series of fossil fuel industry innovations that helped spark the U.S. shale oil boom have had the ...

Pipelines quietly transport most of the world’s oil and gas with unmatched efficiency and reliability. Strategic pipelines influence geopolitics, bypass chokepoints, and secure energy supply routes.

Fracking has made the U.S. the world’s leading oil and gas producer, but drilling creates fewer jobs each year. The United States is pumping out more oil and gas than any country in history. But even ...

4:30 P.M. WE HAVE AN UPDATE ON CALIFORNIA’S OIL AND GAS SITUATION. AS STATE LEADERS GET READY FOR PRICES TO GO UP, EVEN MORE. CALIFORNIA IS RELYING ON MORE IMPORTED FUEL THAN EVER RIGHT NOW, A ...