This week marked a big “fail” for OPEC as the organization was unable to agree on raising output of crude oil supply to calm high prices i...

Heavy crude oil poses both a challenge and opportunity for the economics of petroleum development. Although there is more than twice as much heavy oil...

Crude oil is bullish today after Atlantic Superstorm Sandy has dissipated from the Northeastern United States. Many refineries have restored operations...

The economic calamity that has arisen from United States lawmakers decision to raise the debt ceiling has seen Wall Street tumble. However, those feeli...

A well-known phenomenon at oil terminals in cold regions is that crude oil transported in railway cars can be too stiff to unload. To help solve this...