Last June, the United States overtook Russia and became the world’s largest oil and natural-gas producing country. However, Russia recently gained back its #1 spot and is now followed by Saudi Arabia with the United...
Tag - OPEC
Kayleigh DeMace
Don’t Be Fuelish: A Look Back At the 1973 Oil Crisis
Imagine sitting on your favorite piece of living room furniture and enjoying some quiet time. Only you aren’t in your living room… you’re smack dab in the middle of a four-lane highway. It seems unlikely that...
Matthew Blockus
Crude-Oil Futures Drop 2%, Settle At Four-Week Low On Demand Worries
Global economic forecasts anticipate shrinking crude demand with rising output, which has created a drop in futures. Understand the current market situation from the this article @ 4-traders.com or read below. –U...
What Are The Worlds Largest Oil Reserves?
Below is a great map by country detailing the worlds largest oil reserves, which are the amount of oil that can be technically and economically recovered from the ground. The map also displays oil production by country...