Bitumen market size is expected to be worth around USD 83.2 Bn by 2033, from USD 61.9 Bn in 2023, growing at a CAGR of 3.0%.

Hypothetically, Raymond James estimates that a 25% tariff, which equates to $15 a barrel on top of the current $62 Western Canadian Select crude price, would add an average of 10 cents a gallon to ...

By bne intellinews Venezuela, once a significant supplier of crude oil to the United States, may be on the brink of losing ...

Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous ...

U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and ...

Saudi Aramco has made its first purchase of WTI Midland crude oil, signaling a growing global demand for US crude.

Sweeping US sanctions on Russia’s oil industry are unlikely to result in a “large hit” to production, as higher freight rates ...

In 2024, crude oil inventories dropped by more than 12 million barrels, according to the API’s inventory data, with the ...

The rush to buy replacement cargoes for sanctioned Russian oil has pushed Middle Eastern crude prices to an unusual premium ...

The latest U.S. sanctions imposed on the Russian oil industry in January have made crude exports to key Asian customers in India and China more costly and complex. Russian refining runs rose by 2% ...