U.S. President Donald Trump on Saturday ordered tariffs on Canadian and Mexican imports to address a national emergency over ...

The United States is one of the world’s largest oil producers, producing enough crude oil for domestic consumption and exporting millions of barrels daily. Yet it also imports roughly 8 million ...

By Charles Ellinas The US Energy Information Administration has just published new forecasts for oil production, consumption and prices to the end of 2026 as shown in Figures 1 and 2 below. Clearly, ...

Therefore, U.S. upstream producers are not planning ... Demand around the world is growing for oil. EIA estimates consumption to be up by 1.2 million barrels per day. However, the pace for growth ...

Crude oil edged lower Wednesday after President Trump expanded his tariff threats to include a 10% levy on China and the ...

NEW YORK (Reuters) -Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Short ...

US drivers could get some relief at the pump ... Much of the projected growth in oil consumption will come from Asia, where India is now the leading source of global oil demand in the EIA's ...

Americans are consuming more olive oil than ever, according to a report released last month. The uptick coincides with research indicating that extra virgin olive oils made from freshly harvested ...