US oil output has risen 11% to 21.6 million barrels per day (mbbl/d) over the past two years, according to OPEC data.

President Biden has blocked new offshore drilling for oil and gas in several parts of the country about two weeks before ...

Donald Trump has unveiled a sweeping plan to bolster the coal and oil industries during his presidency, igniting fierce ...

LONDON, Dec 16 (Reuters Breakingviews) - Donald Trump and ... keen to unwind production cuts, it’s possible the U.S. oil flood is more like a trickle. A horizontal bar chart showing breakeven ...

LONDON (Reuters) - OPEC+ is wary of a renewed rise in U.S. oil output when Donald Trump ... booming production from the U.S. and some other non-OPEC+ producers. OPEC has a history of under ...

Case in point: Biden tried to accelerate the shift from fossil fuels, but under his administration U.S. oil production hit new record highs. The American Petroleum Institute has presented Trump ...

President-elect Donald Trump has ... exiting after coming under pressure to invest in projects with lower emissions. According to research firm Rystad Energy, oil sands production in Alberta ...

“At the center of our effort to bring the cost of living under control ... the price of oil when production increases? Crude prices are hovering near a three-year low. If the Trump ...

and commodity experts at Standard Chartered have predicted that U.S. oil production will not surge under Trump. According to the experts, U.S. crude production has increased by 4.7 mb/d since the ...

where executives are under shareholder pressure to keep oil-production growth in check. It’s far from the vision of unrestrained crude production Trump described on the campaign trail.

Crude oil prices fall as markets worry about declining Chinese demand and the promise of higher U.S. production in a new Trump administration. The Fed is expected to cut interest rates tomorrow ...