The Strait of Hormuz – the narrow waterway through which between 20% and 25% of the world’s seaborne oil normally passes – ...

The U.S. and Iran are locked in a standoff that will only break when one side decides it can no longer tolerate the pain. Who ...

Iran is rapidly running out of space to store its oil as President Trump continues his naval blockade in the Strait of Hormuz ...

The JW Marriott, a five-star hotel located in El Rosal, a key commercial district of Venezuela’s capital Caracas. This is ...

NORTH SEA, Denmark (AP) — Appearing first as a dot on the horizon, the remote Nini oil field on Europe’s rugged North Sea slowly comes into view from a helicopter. Used to extract fossil fuels, the ...

Forbes contributors publish independent expert analyses and insights. I analyze petroleum economics and energy policy. There is a lot of debate about the potential for Venezuela to produce more oil ...

Shale drillers have turned the biggest oil field in the U.S. into a pressure cooker that is literally bursting at the seams. Producers in the Permian Basin of West Texas and New Mexico extract roughly ...

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