The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the pump?
Oil prices were steady as output disruptions in major U.S. crude-producing regions and tensions between the U.S. and Iran boosted prices.
Oil price rises despite fears US president’s pledge could deepen global supply glut ...
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USGS Uncovers Massive New Oil and Gas Potential in the Permian Basin
A new discovery in the Permian Basin is challenging the narrative that shale oil and gas in the United States is declining.
Lower oil prices are expected to cut U.S. drilling activity and reduce output by 1% this year from the top producing country, while potentially higher supply from Venezuela could add pressure, the ...
President Trump has set his sights on Venezuelan oil, but there are many economic and political obstacles to significantly ramping up the country’s oil production.
Brent crude futures advanced 99 cents, or 1.5%, to $69.39 a barrel, while U.S. West Texas Intermediate crude rose $1.06, or 1.7%, to $64.27 a barrel.
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