Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...

New 25% tariffs on Canadian and Mexican oil imports may increase U.S. gasoline prices by up to 70 cents per gallon.

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling. The U.S. is already producing more crude oil than any country ...

President Trump has pressured U.S. drillers and Saudi officials to cut oil prices to help end the Ukraine war. The pressure is unlikely to bear fruit.

US geoscience research company Act-Geo has discovered 14 additional offshore oil and gas prospects in South Korea's East Sea, ...

A tariff on oil imports could lead to lower production of fuel at those facilities and drive up costs for consumers, analysts ...

The total number of active oil and gas drilling rigs in the US decreased by four to 576. US crude oil production fell to 13.477 million bpd, down from 13.481 million bpd the previous week.

The global oil market in 2024 was characterized by a mix of volatility and resilience, with prices and demand dynamics ...

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on ...

Local and national industry leaders agreed that Trump's new energy policies were overdue. But, that won't stop renewables ...