Oil prices settled lower on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, ...

The modern oil industry began in 1859 with the drilling of the first oil well in Pennsylvania, leading to a boom that transformed the global economy. Oil's dominance was solidified by the rise of ...

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

Following the steep drop seen in the previous session, the price of crude oil saw further downside during trading on Thursday. Crude ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Standard Chartered: the slowdown in U.S. oil production growth is set to continue in 2025 and 2026.

Published Jan. 14, 2025Updated Jan. 21, 2025 For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer ...

Consensus within the oil market has been robust US production growth set to continue for the foreseeable future. Of course, the IEA is the poster child of said consensus. The IEA is expecting ...

NEW YORK (Reuters) -Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Short ...

Former Interior Secretary Deb Haaland is running for the Democratic nomination for governor in New Mexico after championing ...

There will also be strong growth in oil production in general, including in the US's oil-rich Permian region, the agency said. It projects the region's share of US production will grow to account ...

Jan 13 (Reuters) - President-elect Donald Trump has promised to maximize U.S. oil and natural ... is significant because the United States is the world’s largest historical greenhouse gas ...