Saudi Arabia’s energy minister explains what is next for the nation’s crude industry in the remaining months of 2018.
Indian oil prices are increasing and various factors are causing petroleum and diesel costs to surge even more.
The U.S. oil industry is recovering from its struggles in the past few weeks. The decline started after rumors about Iran providing fewer supplies emerged.
President Donald Trump is open to the possibility of selling some of America's oil reserves in order to subdue the looming global oil deficit.
The U.S. also requested some OPEC members to increase their daily output.
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...
Iran developed its national steel industry development program in 2015, with the goal of increasing its capacity to 55 million metric tons by 2025.
Experts believe this is the year the U.S. oil output will replace the record reached in 1970.
Forecasts point to a strong year for the oil and gas industry, although it would not be smooth sailing.
Saudi Arabia's mega-city project hopes to be an alternative booster to its oil-dependent economy.