Artificial Lift Systems Market projected to grow from USD 9.2 Bn in 2023 to USD 16.2 Bn by 2033, with a 5.8% CAGR.

Sinopec is advancing development of shale oil at its pilot project Jiyang in east China, pumping 1,600 metric tons per day now, up from 100 tons in 2021, the state oil and gas group said on Wednesday.

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

It generally takes a couple of weeks for oil price shifts to be reflected in factory gate costs and at the fuel pumps. In the case of petrol and diesel, in recent weeks prices have been at a three ...

Oil executives have emerged as an increasingly important source of funding for Donald Trump, as industry titans open their ...

What is the price of crude oil today? WTI futures traded at $73.94 per barrel, as of 9 a.m. ET. Year to date, WTI prices are up by 0.68%. Brent futures traded at $78.04/bbl, an increase of 3.49% ...

Israel vowed to retaliate. Photo: Amir Cohen/Reuters A rise in oil prices intensified Thursday after President Biden suggested that U.S. officials are considering whether to support an Israeli ...

Libya resumed oil production on Thursday, returning hundreds of thousands of barrels a day to global markets after a political standoff in the OPEC member eased. The nation’s eastern government ...

What is the current oil price today? WTI futures traded at $71.53 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 2.60%. Brent futures traded at $75.41/bbl, an increase of 0.13% ...