More than 1 billion acres of waters off the coasts of the United States are being opened for drilling under a new plan from ...

On a brisk autumn morning in Evans, Colorado, drivers are doing double takes at the gas pump: $1.99 per gallon, a price many ...

(Reuters) -The Trump administration on Thursday unveiled a five-year plan to hold as many as 34 auctions for oil and gas ...

Commercial crude oil inventories jumped 6.4 million barrels as U.S. production set new records and refinery capacity utilization rose to 89.4%.

U.S. oil prices have dropped more than 15% so far this year to levels that could threaten the ability of smaller producers to earn a profit. And that’s even before factoring in forecasts that could ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large build of 4.4 ...

Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow. By Rebecca F. Elliott The price of oil has dropped to some of its lowest levels of ...

U.S. Presidents since Richard Nixon have obsessed about American dependence on foreign oil—and have proven unable to do much about it. U.S. domestic oil production was on a long slope downwards, while ...

The plan, which also includes the Gulf of Mexico, aligns with Trump’s energy-dominance agenda to supercharge domestic fossil ...