Less than 300 million barrels left: the engineering limits threatening the American Strategic Petroleum Reserve | Fortune Dr. Siddharth Misra is a Professor at Texas A&M University and the CTO of AlterNature LLC. He specializes in physics-informed deep learning and sensing technologies for the exploration, development, and production of energy and earth resources. Dr. Misra
As of 9 a.m. Eastern Time today, oil sold for $94.12 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s 54 cents lower than yesterday morning and approximately a $26.21 rise over the past year. Oil price per barrel % Change Price of oil yesterday $94.66 -0.57% Price of oil 1
One of the hottest debates in the energy industry right now is how much oil is actually coming out of the Persian Gulf, and the answer could determine how long the Iran war lasts. Iran insists the Strait of Hormuz is closed and that it has control of the narrow waterway, which saw 20 million
By 6:15 a.m. Eastern Time today, oil had reached $95.40 per barrel, measured using the Brent benchmark. That’s $1.80 more than it cost yesterday morning and $28.19 above its price a year earlier. Oil price per barrel % Change Price of oil yesterday $93.60 +1.92% Price of oil 1 month ago $91.19 +4.61% Price of
Venezuela’s new petroleum minister sees her South American home not as a dilapidated former oil giant, but as an emerging energy economy ripe for U.S. and foreign investments in new oil and gas exploration, both onshore and offshore. Paula Henao, who took over as the hydrocarbons minister in March after the forced U.S. removal of
U.S. President Donald Trump threatened to bomb Oman because he is unhappy the country is close to a deal with Iran to manage ship traffic through the Strait of Hormuz, two regional officials said on Tuesday, a day after Trump leveled the threat. The officials said the Trump administration has told Oman it is opposed to parts of the yet-to-be-announced deal, including the