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The U.S. is increasingly reliant on the Middle East for the specific base oils that comprise most modern motor oils and lubricants.
Oil is, as we all know, drilled from the ground, but it turns out the oil in your car is a little bit more complicated than the stuff underground.
It is entirely predictable that BP should be accused of making a mint at the expense of motorists after it reported unexpectedly large earnings.
A broad group of industrial lubricants known as base oils, which are used to make motor oil, are in very short supply with no signs of easing on the horizon.
The Department of Energy secures a huge volume of oil. According to the Department of Energy (DOE), the Philippines has already secured about 165.7 million liters of diesel. Due to...
See which countries hold the largest strategic oil reserves, led by China, the U.S., and Japan.
LONDON: Oil prices jumped on Tuesday, climbing back above $110 per barrel, amid a lack of progress in reopening the key Strait of Hormuz. Meanwhile, tech stocks took a hit and inve...
See how the world’s 20 largest oil and gas companies stack up by market cap, from Saudi Aramco and Exxon Mobil to Shell, PetroChina, and Chevron.
Nigeria’s oil, pumped from its own soil, is systematically routed away from its own shores Read Full Article at RT.com
TRUMP'S war with Iran is jeopardising supplies of the planet-destroying fuel we all love. So how are you marking the end of plentiful oil?
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