Oil prices settled lower on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, ...

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

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

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

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

The oil market has been in the spotlight over the past few days due to the US President Donald Trump’s tariff narrative.

Crude oil prices slumped to their lowest level this year amid concerns of weakening demands after China announced a retaliatory tariff on US crude oil imports, while the US stockpiles rose for the ...

Trump is pressuring Saudi Arabia and other OPEC members to expand oil production in order to lower prices. TD Securities' ...

OPEC producers, US oil companies are private and have shareholders to pay, and secondly, the producer’s breakeven prices for ...

Activist group Justice for Myanmar alleged in a recent report that Interra had "helped supply the junta" with over two million barrels of oil and "fuelled its ongoing war crimes".

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