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

President Trump’s push for increased oil production is meeting resistance from both U.S. shale producers and Saudi Arabia.

The U.S. leads global energy, dominating in oil, gas, and renewables. Learn how American energy dominance is shaping global ...

"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

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 ...

BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the energy giant.Around 4,700 employees ...

President Donald Trump’s “drill, baby, drill” call for a resurgence in United States oil production will be frustrated by the ...

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.

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

Wright's confirmation highlights a focus on fossil fuel production and energy innovation amid climate change debates ...

From time to time new oil resources come online — like Canadian oil sands or US crude oil from oil shale — these add to the global supply. New sources can exert a downward force on oil prices, even in ...