Can Trump Really Boost U.S. Oil Production?
Despite Trump’s push for increased oil production, U.S. energy companies remain cautious, waiting for higher prices.
Oil Prices See Further Downside As Trump Reiterates Pledge To Boost Production
Following the steep drop seen in the previous session, the price of crude oil saw further downside during trading on Thursday. Crude
Trump’s "Drill, Baby, Drill" Pledge Will Not Save Oil
There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have a lasting or significant shift to the
Oil settles down after Trump repeats pledge to boost US supply
Oil prices settled lower on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, unnerving traders a day after the country reported a much bigger-than-anticipated jump in crude stockpiles.
Oil set for third weekly drop on Trump’s tariffs, energy push
Oil headed for a third weekly decline as President Donald Trump’s tariffs on China and his push for increased domestic production weighed on the demand outlook. West Texas Intermediate was steady near $71 a barrel,
Oil edges lower as Trump renews pledge to drive down crude price
Crude oil futures gave up early gains to settle lower in a volatile session Thursday after President Trump repeated his promise to raise U.S. oil production, saying that if oil prices decline, "everything will follow.
Oil falls in choppy trade after Trump repeats pledge to lower prices
Oil prices fell in volatile trading on Thursday, as a pledge from U.S. President Donald Trump to boost U.S. production reignited oversupply concerns, while fresh sanctions on Iranian crude kept the losses in check.
Crude Prices Slip on Dollar Strength and Trump's Pledge to Boost US Oil Output
Thursday closed down -0.42 (-0.59%), and March RBOB gasoline (RBH25) closed up +0.0240 (+1.17%). Crude oil and gasoline prices settled mixed on Thursday, with crude falling to a 5-week low. Crude gave up an early advance Thursday and turned lower as the dollar rallied and President Trump pledged to boost US oil
U.S. November Oil Production Drops To Year-Ago Level
Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.
OPEC and Saudi spare oil production capacity
U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.
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PE Energy unveils new technology to end gas flaring, boost oil production
PE Energy Limited, a leading energy services company has unveiled a new technology, Multi-phase Pump and Systems to end gas ...
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OPEC’s Oil Production Continued to Decline in January
OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...
US oil production falls in November from record high in October, EIA says
U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...
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FG plans to restart oil production in vulnerable regions after Shell’s $2.4 billion deal
FG is negotiating with locals to restore oil production in an area that has experienced environmental devastation after oil ...
Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business
The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...
Bill seeks to expand North Dakota’s oil footprint with tax breaks
A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...
Shell restarts production at Penguins oil field in UK North Sea
Shell said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, ...