Brent oil prices could spike above $100 per barrel if the Gulf Arab countries run out of storage space and shut down ...

On Tuesday, Judge Donna Geck upheld an injunction against a restart of oil production locally despite an order from ...

Global crude oil production has been unable to recover to its 2018 peak, suggesting that we may have passed the peak oil era. Oil prices are influenced by a complex interplay of factors, including ...

The Iran war has upended oil production and shipping across the Middle East, straining energy supplies worldwide.

Kuwait cut oil output after storage tanks filled on day 18 of the Hormuz closure. Gulf shut-ins may reach 5 million barrels per day.

U.S. oil production may have peaked, signaling the end of the shale boom. Diamondback Energy and other major players report reduced drilling and fracking activity in the Permian Basin. Rising costs, ...

Shell plc SHEL, a British multinational oil and gas company, headquartered in London, has temporarily halted operations at one of its oil processing units at the Shell Energy and Chemicals Park, ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. MIDLAND, TX - JULY 29: President Donald Trump speaks to city ...

Archaeologists unearthed the Roman Empire’s second-largest olive oil processing complex in Tunisia. The find sheds light on the region’s central role in olive oil production and trade, and in turn the ...