Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum age, crashing oil prices. A mere two years later, over-extraction drove the ...

1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 467.13 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.51 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.40 ...

Oil prices dropped by more than 1 per cent on Thursday after a report that OPEC+ is discussing a production increase for July ...

We make a start by noting that some aspects of the US oil market show signs of tightening. Starting with the Baker Hughes oil ...

U.S. crude oil inventories rose for a second consecutive week, while stocks of gasoline and diesel increased amid higher refinery capacity use, according to data released Wednesday by the U.S. Energy ...

Oil prices fell to a four-year low in April and are expected to drop further amid uncertainties about global economic prospects.

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...

According to StanChart, the path of least resistance for oil prices is lower, with prices likely to remain low in the coming ...

Oil is cheaper than it has been since early 2021, when the price of a barrel of crude was still recovering from its pandemic crash. The price of a barrel of West Texas Intermediate started Monday ...

But on Saturday, eight countries that belong to the oil cartel known as OPEC Plus said they would add about 411,000 barrels of oil a day in June. The move, which follows a similar step by the ...