Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

Washington's oil market hubris risks repeating the mistakes of the past — and threatens national security as well.

Early panic pushed crude oil past $81, but prices have since fallen as traders bet the Strait of Hormuz will stay open.

In this paper, we present an experimental study of a new design of the traditional Totally Enclosed Fan-Cooled (TEFC) induction motor. This design proposes to remove the turbine fitted on the external ...

The fear throughout the Israel-Iran conflict has been that it could squeeze the world’s supply of oil, which would pump up prices for gasoline and hurt the global economy. Iran is a major producer of ...

Growing hostilities between Iran and the United States are heightening concerns that the world’s oil supply could be disrupted.

In the commodity market, Brent Crude Oil prices surged over 1.4% in the opening session, reaching $78.38 per barrel. The spike came amid fears that the conflict could disrupt oil supply through the ...

By Monday afternoon, the price of a barrel of benchmark U.S. oil was down 6.1% at $69.34. Brent crude, the international standard, dropped 5.3% to $71.50 per barrel.

By Monday afternoon, the price of a barrel of benchmark U.S. oil was down 6.1% at $69.34. Brent crude, the international standard, dropped 5.3% to $71.50 per barrel.

President Donald Trump called for the US and other oil-producing economies to pump more oil as crude prices remain volatile following strikes on Iranian nuclear facilities. Mr Trump urged stepped ...

In this article, the applications and advantages of electric drive compressor systems versus traditional gas turbine compressor systems in the oil and gas industry are presented. The article also ...