U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

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 ...

HOUSTON (Reuters) - Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to ...

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

Colombian president Gustavo Petro has ordered the state-run oil company Ecopetrol to cancel a joint venture with U.S.

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

(Reuters) - Oil prices rose on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising ...

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...

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

Trump’s executive orders aim to boost U.S. oil and gas production by easing regulations. Energy companies welcome deregulation but are reluctant to increase output without higher prices.

The main culprit standing in Trump's way of his "drill, baby drill" agenda may be the US oil industry itself, which has boomed in recent years and pushed crude production to historic levels.

Despite Trump's desire to increase drilling, US oil and gas companies are likely to prioritise shareholder returns and cut ...