Well-supplied markets and weakening demand for crude concern American drillers.

Well, those theories have been put on hold for now. Both the current administration and, whatever the outcome of the election, the future one, believe that crude oil is and will be essential to ...

It's 600 feet deep."Every time it pumps, it's pumping three feet of fluid," Bleakley said.Each well pulls about 100 barrels of oil from the ground every year, which is enough to fill up about 115 ...

Brazilian oil giant Petrobras is set to reopen a closed oil well in its large offshore Roncador field in a bid to quickly obtain natural gas, the company's chief said on Thursday.

Smoke was first spotted just after 5 p.m. at Beverly Hills High School, 241 S. Moreno Dr. The fire appeared to originate from a large pump next to the school's football field.