crude oil is a naturally occurring fossil fuel that has been the cornerstone of modern industry for over a century.

Discover the fascinating journey of how petrol and diesel fuels are made, starting from crude oil extraction to the refined products that power our vehicles. This video explains the complex ...

Irving Oil said on Thursday it plans to invest $100 million to upgrade a key crude oil processing unit at its 320,000 ...

Irving Oil has announced a $100-million modernization project at its Saint John refinery. The work will focus on its Fluid ...

Plastic is made from fossil fuels like oil and natural gas. This process drives pollution and climate change. Here's what you ...

Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum age, crashing oil prices. A mere two years later, over-extraction drove the ...

June WTI crude oil (CLM25) Thursday closed down -1.53 (-2.42%) and June RBOB gasoline (RBM25) closed down -0.0356 (-1.64%). Crude oil and gasoline prices fell sharply Thursday after President ...

One package targets Moscow's shadow fleet of sanction-evading oil tankers. Read more at straitstimes.com. Read more at ...

Twenty years ago, the U.S. produced about 5 million barrels of crude oil per day ... into shale formations, cracking them apart to reveal the natural gas and oil deposits within.