The pipeline has had at least three significant spills since 2017, CBS News previously reported. The largest spill was in 2022, when an estimated 14,000 barrels of crude oil spilled into a creek ...

The estimated volume of 3,500 barrels, or 147,000 gallons of crude oil, is equal to 16 tanker trucks of oil, he said. That estimate could increase over time, he added.

Originally used as a signal light for a Swiss construction company, this worn oil lamp undergoes a detailed restoration to revive its original elegance. Manufactured by Locher, these lamps were a ...

In the last quarter, preliminary data showed that global oil inventories declined by about 1.16 million barrels a day, the agency said. That’s an issue because it’s significantly bigger than ...

Platform Holly is among the dead platforms awaiting their afterlives. At the time of its installation in 1966, everyone knew a platform situated directly over a natural oil and gas seep was going ...

Deepwater production remains the fastest-growing upstream oil and gas segment with production expected to hit 10.4 million boe/d in 2022 from just 300,000 barrels of oil equivalent per day (boe/d ...

Crude oil stocks, not including the SPR, stood at 429.3 million barrels on August 2, 433.0 million barrels on July 26, and 445.6 million barrels on August 4, 2023, the report showed.

Oil prices may rise to $86 a barrel in the next few months due to "solid summer demand" and consumer spending remaining strong, according to a new forecast by analysts at Goldman Sachs.

The Biden administration announced on Friday that it plans to buy 2.7 million barrels of oil to help replenishing the nation's Strategic Petroleum Reserve.

HOUSTON, Oct 5 (Reuters) - Global crude oil prices could drop to about $60 per barrel by 2027 as demand growth slows, say oil analysts at Rystad Energy, chopping a third off next year's peak price ...

US crude prices jumped as much as 4% to $94.04 a barrel on Wednesday — the highest intraday price since August 30, 2022 — before settling at $93.68 a barrel, up 3.6% on the day.