U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

Oil prices climbed about 2% on Tuesday to a two-week high, as sanctions raised concerns about Russian and Iranian oil ...

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

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

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

Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.

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 ...

U.S. upstream oil and gas mergers and acquisitions totaled $105 billion in 2024, marking the third highest year on record ...

But most of the drilling leases already granted to companies in the oil-rich Gulf are idle and unused, and they’ll stay that ...

Total US oil production dipped 237,000 b/d to 13.24 million ... Global LNG imports are expected to set a new record high this month with most shipments delivered to Europe where spot prices ...

The secretarial order is meant to align the department with priorities outlined by President Donald Trump, who has called ...