US offshore oil and gas accounts for 14% of US crude oil output, or nearly two million barrels per day (mbbl/d).

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The oil market faces strong resistance, while natural gas positions for a positive move driven by robust heating demand.

Crude inventories saw a larger than expected decline for the week ending January 3rd, while fuel inventories continue to soar ...

We recently published a list of the 15 Energy Infrastructure Stocks That Are Skyrocketing. In this article, we are going to ...

We recently published a list of the 15 Energy Infrastructure Stocks That Are Skyrocketing. In this article, we are going to ...

API reports that crude inventories fell 1.4M barrels last week. Gasoline inventories rose 2.2M barrels, according to Bloomberg, citing people ...

Crude nears $75 amid inventory drops and tightening global supplies. Can bullish trends sustain in a volatile market?

More than 3.5 million abandoned oil and gas wells are littered across the United States and an estimated 14 million Americans live within a mile of one of the wells.

Gasoline inventories rose this week by 2.4 million ... Oklahoma—rose by 800,000 barrels, according to API data, after falling by 1.517 million barrels in the previous week.

US oil inventories fell by 1.4 million barrels during the week ended Dec. 27, data from the American Petroleum Institute (API ...

Commenting on BOEM’s release, Scott Lauermann, an American Petroleum Institute (API) spokesperson ... the benefits offshore oil and natural gas production brings to the United States through ...