The world has been dependent on oil. Oil is the lifeblood of the industrial nations. It has become the major source of energy since the 1950s...
The slow growth of India's GDP is largely attributed to the country's oil crisis and weak performance of the rupee in the global economy.
When Obama lifted the ban on exporting crude oil, the US wasted no time in making their own. By 2020, America might be regarded as the...
After Trump renewed Iran sanctions, crude oil prices might increase further and even reach $100 per barrel. Bitcoin's price plunges to $8,500.
Crude oil is the lifeblood of industrialization because it fuels up machines and modes of transportation that carry commodities all around the world.
Experts believe this is the year the U.S. oil output will replace the record reached in 1970.
The crude oil prices are not expected for now thanks to the tensions in Iraq and decreased number of active oil rigs.
The cartel has made some bold steps to reduce the supply glut and force an uptrend in oil prices.