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 ...

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.

Thursday closed down -0.42 (-0.59%), and March RBOB gasoline (RBH25) closed up +0.0240 (+1.17%). Crude oil and gasoline ...

US crude oil production in the week ending January 24 fell -1.8% w/w to 13.24 million bpd, modestly below the record high of 13.631 million bpd from the week of December 6. Baker Hughes reported ...

American oil producers and Saudi Arabia are pushing back against U.S. President Donald Trump's call to ramp up oil production ...

US President Donald Trump’s tariffs on imports from Canada and Mexico threaten to disrupt North America’s tightly integrated oil market and push up gasoline prices for American motorists.

(Bloomberg) -- Oil edged higher after a volatile session as US President Donald Trump’s ... OPEC+ didn’t make any changes to its existing oil-production plans at a review meeting on Monday.

The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 per cent. Because the crude oil industry has developed hardly at all in ...

In some cases, crude oil production can lead to a transportation network and retail system. Many of the largest oil companies like ExxonMobil are known as integrated oil producers since they have ...