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Producing oil from shale or tar sands is dirtier than the dirtiest coal. This is particularly true for oil shale development, since an incredible amount of energy is required to squeeze a barrel of ...
The potential trapped within oil sands deposits is staggering: the Canadian tar sands deposits in Alberta is estimated to contain 165.4 billion barrels. In the United States, large deposits of oil ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.057 million barrels for the week ending April 4, after a 6.037 million barrel spike in ...
Crude oil stocks, not including the SPR, stood at 442.9 million barrels on April 11, the EIA's latest weekly petroleum status report showed. Image by yamonstro via iStock U.S. commercial crude oil ...
Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. Crude oil inventories in the United States saw a large ...
Last month, the Russian Ministry of Finance stated that it expects the average oil price in 2025 to be closer to $60 per barrel instead of the $70 per barrel that was set in the country's budget ...
The price of West Texas Intermediate is hovering around $60 per barrel — not low enough to kill the oil patch, but not generating “Drill, baby, drill!” vibes. The International Energy Agency ...
Crude oil prices have witnessed a sharp decline, dropping nearly $10 per barrel in just one week, following the Trump administration’s announcement of tariffs on certain countries. Although the ...
Canada's Industry Minister, Tony Clement, has given PetroChina the go-ahead for a 1.7 billion US dollars acquisition of two oil sand projects. The deal gives the Chinese company 60% control of ...
She covers current events, breaking news and issues including substance use. An estimated 3,500 barrels of crude oil spilled into an agricultural field in North Dakota after a Keystone Pipeline ...
Crude oil stocks, not including the SPR, stood at 437.0 million barrels on March 14, according to the EIA's latest weekly petroleum status report. Image by champc via iStock U.S. commercial crude ...