Despite US President Trump's efforts to boost U.S. oil production, the industry faces potential output cuts and job losses.

By Arathy Somasekhar HOUSTON Reuters) - President Donald Trump moved on his first day in office to increase U.S. oil and gas ...

Oil prices (CL=F, BZ=F) are down double digits since the start of 2025 as US President Trump's trade war fuels worries about ...

Gas prices have gone up by 13 cents per gallon since this time last month but are still down by nearly 40 cents compared to ...

It may have been more than obvious over the past week how Trump’s tariffs affected the market’s perception of the demand ...

Crude oil price has dropped to $59 for the first time since February 2021. The current oil price threatens Nigeria's oil ...

Immediately after U.S. President Donald Trump announced his slew of tariffs last week, OPEC+ members, led by Russia and Saudi Arabia, announced a ...

Possibility of the Federal Government meeting its oil production target set in the 2025 national budget may have been disrupted, as a protest by the Itsekiri community in the Niger Delta halts ...

Vladimir Putin appeared to get off scot-free during Donald Trump’s tariffs blitz last week. While the US president imposed ...

The Keystone Pipeline in North Dakota was shut down Tuesday after reports of a "bang" and spilled oil, according to officials ...

The oil sector expected to be a major beneficiary after Trump’s election. Now it faces spiking costs, slowing demand, and plunging prices amid fears of a global trade war.

Lower energy prices are one of Trump's campaign promises, but an oil price crash could hit US producer margins.