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 ...

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 ...

On Friday, oil closed with losses for a second week in a row as West Texas Intermediate (CL=F) futures settled above $61 per barrel. Brent (BZ=F), the international benchmark, closed above $64 per ...

With limited upside in crude oil prices, RHB Research says it prefers floating production storage and offloading (FPSO) ...

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 ...

Goldman Sachs analysts revealed that they see the Brent oil price falling to under $40 per barrel under one scenario. In a report sent to Rigzone by the Goldman Sachs team on Monday, Goldman Sachs ...

Investment bank %GoldmanSachs (NYSE: $GS) is warning that crude %Oil prices could fall below $40 U.S. a barrel under extreme outcomes as the risk of a global trade ...