Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

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

French oil major TotalEnergies reported a 15% drop in fourth quarter earnings on Wednesday, closing out a year marked by low ...

Oil prices dropped over 1% on Wednesday as rising U.S. stockpiles and concern about a new Sino-U.S. trade war fuelled fears ...

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 ...

Scout Energy Management has reported a crude oil spill that happened on Wednesday, five miles northwest of Maxbass.

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

Goldman Sachs predicts limited short-term impact on oil prices from US tariffs, but warns of potential gasoline price hikes ...

Crude oil stocks, not including the SPR, stood at 415.1 million barrels on January 24, according to the EIA. Image by Yutthana Gaetgeaw via iStock U.S. commercial crude oil inventories ...

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.

American processors are likely to seek alternative grades of the types of heavier oil produced by its neighbors from Brazil and Guyana, given their relative proximity, the traders said.