Lower Global Oil Prices are Expected Under the Trump Administration
The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices (Brent crude oil)
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
US and international oil producers are pushing back on the Trump administration's plan to pump more crude
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy prices.
Oil firms as Trump policies continue to drag on prices
Oil prices edged up on Thursday after Saudi Arabia's state oil company raised its March crude prices sharply, but the gains barely dented the previous day's slide in benchmark Brent crude. Brent crude futures rose 44 cents,
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.
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
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The Changing Role of Oil in Global Politics and Economics
Oil has long been the engine that powers the world. Countries rely on it to fuel cars, planes, factories, and economies. Its ...
Vitol sees 2040 global oil demand little changed from current levels
Global oil demand will likely be close to current levels in 2040, energy and commodities trader Vitol said in its long-term ...
Global Energy Demand Fuels Midstream Outlook
Learn about the potential opportunities in the midstream energy sector, including M&A activity and the impact of less ...
Crude Oil Prices7d
Russia’s Oil Production Slipped 2.8%, Gas Output Rose 7.6% in 2024
Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production ...
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.
Meet Saskatchewan, Global Energy And Mining Powerhouse
Located in the heart of Canada, the province of Saskatchewan has the resources needed to help ensure food and energy security ...
Crude Oil Prices1d
Chevron In Talks With Trump Administration Over Venezuela Oil
Chevron is holding talks with the Trump administration amid calls by top Republican officials for the company to exit the ...
Nasdaq9d
Crude Slightly Higher on the Outlook for Global Oil Supplies to Remain Tight
The outlook for global crude supplies to remain tight ... were -5.7% below the 5-year seasonal average. US crude oil production in the week ending January 17 was unchanged w/w to 13.477 million ...
Exxon Posts Mixed Q4 Results With Higher Oil Production, Weak Refining Profit
HOUSTON - Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset ...
Trump’s oil agenda and the Gulf states’ energy transition
With Trump’s pro-oil stance impacting global energy markets, CNN looks at how Gulf states are adapting. Trump says U.S. will ...