U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...

Big Oil kicks off earnings season this week, just as US President Donald Trump talks up America’s fossil fuel potential. West ...

U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly rise in commercial crude inventories following nine consecutive weekly ...

The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 per cent. Because the crude oil industry has developed hardly at all in ...

The EIA predicts U.S. oil production will grow through 2025, with the Permian Basin leading, before slowing in 2026.

Oil prices settled slightly higher on Friday but posted a weekly decline, ending four straight weeks of gains, after U.S.

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.

Oil prices have moved decisively lower since our last report, highlighting the market’s bearish tendencies. Today we are to take a look atthe new US administration’s energy policies in addition to the ...