The president says lower prices could solve a range of problems, but finds early resistance in the oil market.

President Trump wants to boost oil drilling, but his allies in the U.S. shale industry and Saudi Arabia are pushing back, The Wall Street Journal reports.  Trump for months has encouraged the U.S.

President Donald Trump’s call for a new oil boom will be thwarted by Wall Street’s reluctance to approve another drilling ...

Trump probably can't lower oil prices and boost crude production as much as he wants.Oil firms appear reluctant to flood the ...

China's crude oil and natural gas output exceeded 400 million tons of oil equivalent for the first time in 2024, according to the National Energy Administration. The country's crude oil and natural ...

Kazakhstan will produce shale oil for the first time later this year, officials said Tuesday, hoping to boost the Central Asian state's ...

According to Hu, the development of offshore and unconventional oil and gas resources, such as shale oil and gas, also ...

Kazakhstan has persistently exceeded its output quota of 1.468 million barrels per day (bpd) under the production-curbing deal struck by the Organisation of the Petroleum Exporting Countries and ...