News

While Oil Has Slumped, Oil Technologies Have Boomed

Monday, June 27, 2016

While Oil Has Slumped, Oil Technologies Have Boomed

There is a saying that a crisis is too good a thing to waste. That’s been true these days of the oil industry, which has taken the downturn in oil prices as a way to push operational efficiencies and new technologies to improve how they...

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Oil Markets Rallying, Recovering from 2016 Lows

Thursday, March 24, 2016

Oil Markets Rallying, Recovering from 2016 Lows

Oil prices hit highs for the year last week as the price of a barrel climbed above $40, helping rally what has been a slumping oil market. The climb in price comes as suppliers are hopeful that foreign oil products will strike an agreement next...

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Oil, Oil Everywhere, but Where to Store It?

Monday, February 15, 2016

Oil, Oil Everywhere, but Where to Store It?

The dramatic drop in oil prices continues to cause problems for the industry as a whole, with the latest cause for concern centered on storage. As Market Watch reports, the storage tanks in Cushing,...

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