The world is producing more oil than it needs, so 2026 prices are expected to be lower. The question is how low a barrel will ...

There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending ...

Oil prices are forecasted to face a glut in 2026, forcing OPEC+ to maintain production cuts against global supply and ...

A federal court has declined to halt plans to restart oil production in Santa Barbara County after environmental groups ...

Environmental groups filed an emergency lawsuit Wednesday seeking to block the federal government's approval this week of ...

A drilling rig is shown near Arnegard, North Dakota, in September 2024. Advancements in drilling technology are helping oil ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. This article is more than 2 years old. CRANE, TEXAS - MARCH 12: ...

Iraq is seeking to increase its OPEC oil quota by 300,000 bpd, potentially generating $10 billion annually to bridge the ...

MITCHELL, S.D. — As you drive along Interstate 90 near Mitchell you will spot large buildings and grain bins being put up just south of town. That is the new High Plains Processing plant, which will ...

A man carries buckets while working to clean up an oil spill near a pipeline of state-owned Petroleos de Venezuela (PDVSA) in Voladero, Monagas state, Venezuela, on November 5, 2021. - Leaks, rusted ...

Ukraine said its drones struck the largest Russian gas processing plant in the Orenburg region, which also processes gas from ...