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Read the latest news about oil and the oil markets. Light Crude Oil (CL1:COM). 22.56 4.39 (16.29%). As of: 03/18/20 Shutting Down. For now, construction continues. Energy firms slash dividends as oil prices fall below US$30 per barrel  Crude Oil Price (US$/Barrel), Production (mbd) and Export (mbd). JavaScript chart by amCharts Crude Oil Price (Bonny Light) - US$/Barrel 75 45 50 55 60 65 70  EIA forecasts crude oil prices will fall in the first half of 2020, then rise through U.S. crude oil production growth projected to be led by light, sweet crude oil 

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The IRS taxes the richest Americans at 37%, whereas the top federal tax rate in Canada is 33%.   Rich Americans have access to many tax deductions that Canada's Alternative Minimum Tax does

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Jul 5, 2016 How much oil lies beneath the desert sands of Saudi Arabia and how at the amount of technically and economically recoverable reserves.

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The Biggest Oil Producers in Asia. 1. China. China is the biggest oil producer in the region by a substantial margin, accounting for nearly 4 million barrels of oil per day. It is 2. India. 3. Indonesia. 4. Malaysia. 5. Vietnam. At this moment, Southeast Asia produces nearly 2 million barrels per day (as well as 500 million cubic feet natural gas). However, the region's main oil producers, Indonesia, Malaysia and Vietnam, are planning for a future as oil importers as their oil output declines and domestic demand rises. As Indonesia became a net importer of oil, the country declared its own suspension from OPEC in 2008.

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