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.

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

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

Act-Geo reported these findings to the Korea National Oil Corp. (KNOC), indicating potential deposits ranging from 680 ...

India's energy sector relies heavily on imports, sourcing about 86.11% of its crude oil from abroad, due to insufficient ...

U.S. drilling activity increased with the Permian Basin leading the surge, as Baker Hughes reports a rise in rig count for ...

The real-time price of Brent crude oil is at $75.18 per barrel, and the price of WTI crude oil is at $71.67 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...

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 ...

The number of active rigs drilling for oil and gas in the U.S. rose by 6 to 582, Baker Hughes said in its latest weekly rig count.