The United States continues to pump out record amounts of oil.
The plans of Mexico's new President Andres Manuel Lopez Obrador for state-owned oil and gas firm PEMEX may be overly ambitious but a sober budget helps...
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.