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.

The oil company sent investors $9.1 billion last year via dividends and share repurchases. Based on current commodity prices, ...

Nigeria’s cost of producing crude oil has risen to about $40 per barrel, a report by the Nigerian Upstream Petroleum Regulatory Commission has said.This is 300 per cent higher than the cost of ...

Thanks to abundant supply and fairly flat demand, oil prices are forecast to fall — unless tariffs and geopolitics get in the ...

Oil prices edged up in volatile trade on Monday but closed at a one-month low on the expiration of a higher-priced contract, ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

Despite Trump’s push for increased oil production, U.S. energy companies remain cautious, waiting for higher prices.

Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase ...

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

President Trump seeks American energy independence, focusing on fossil fuels and reducing government interference. Read more to see my thoughts.

The Midwest has become increasingly reliant on cheap Canadian oil over the last two decades, and switching to another source ...