U.S. President Donald Trump is expected to pressure Saudi Arabia and OPEC to lower oil prices, a move that could eventually ...

Who would have thought that oil would become the most powerful impetus for the development of wind energy in the 20th century ...

Here’s a look at crude oil reserves and production around the world. Facts Crude oil is a form of liquid petroleum, extracted from rock formations and used for fuel and other purposes. Members of the ...

The United States is one of the world’s largest oil producers, producing enough crude oil for domestic consumption and exporting millions of barrels daily. Yet it also imports roughly 8 million ...

President Donald Trump called on OPEC states to slash oil prices as a way to get Russia to the negotiating table and bring an end to the war in Ukraine — but the move could backfire on the US ...

ASHEVILLE, NC., Jan 24 (Reuters) - U.S. President Donald Trump on Friday reiterated his call for OPEC to cut oil prices to hurt oil-rich Russia's finances and help bring an end to the war in Ukraine.

U.S. President Donald Trump’s renewed push to ramp up domestic oil production and pressure the Organization of the Petroleum Exporting Countries (OPEC) to lower prices overshadowed market sentiment.

“I am also going to ask Saudi Arabia and OPEC to bring down the cost of oil. You got to bring it down,” Trump said, appearing via video link from the White House. “Which, frankly, I’m surprised they ...

Before then, Nigeria had failed to meet the crude oil production quota approved by OPEC throughout 2022 and 2023. However, the improved security situation, supported by government efforts to ...

US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil prices. Just days into his second term, Trump told ...

U.S. President Donald Trump on Thursday proved that words can be just as powerful as actions — at least temporarily — after his remarks at the World Economic Forum led to a downturn in oil prices.

The ongoing oil dispute between Baghdad and Kurdistan intensifies as US intervention sparks backlash and highlights the power ...