Commercial crude oil stocks are seen rising by 600,000 barrels to 462.2 million barrels in the week ended April 3, according to the average estimate of nine analysts and traders. That would mark a ...

Add Yahoo as a preferred source to see more of our stories on Google. At least 40% of Russia's oil export capacity is at a halt as a result of Ukrainian drone attacks, the seizure of tankers and ...

Devon Energy is a pure-play energy producer. Chevron is an integrated energy giant with exposure to the entire energy value chain. Enterprise Products Partners is a toll-taker in the midstream. The ...

The government on Monday said India’s fuel supply situation remains stable, with adequate crude oil availability and refineries operating at peak capacity even as geopolitical tensions in Middle East ...

Trans Mountain Corp. chief executive Mark Maki recently returned from a trip to China and Singapore where he heard a consistent message from customers in both countries. “Everyone is anxious about ...

Saudi Arabia has the largest oil storage capacity in the Gulf while Iraq has the lowest capacity, according to JPMorgan. Iraq’s reserves are sufficient only for six days, a fraction of Saudi Arabia’s ...

Crude oil production from Iraq’s southern fields has dropped by 70% since the start of the U.S. and Israeli war on Iran, with the average daily production at 1.3 million barrels, compared with 4.3 ...

A historic disruption to the world’s oil production sent crude prices smashing through the $100 barrier Monday for the first time in nearly four years, before prices settled just below $100. As the ...

The five Arab Gulf producers hold roughly 350 million barrels of onshore storage, with operational capacity typically capped at 80% of levels. (Aramco pic) Major oil storage sites in Saudi Arabia are ...

The Iraqi Ministry of Oil said its new refineries are now operating at full capacity, increasing national production of white oil products and enabling exports that meet international fuel standards.

According to IRNA, the upward trend became evident in January 2025 when Oil Minister Mohsen Paknejad announced that Iran had broken a decade-old record in crude oil exports, attributing the ...

A lot of people have suggested that President Donald Trump got involved with Venezuela because it’s home to the world’s largest proven crude-oil reserves. That might — or might not — end up being the ...