Oil’s beginning 2019 with the same price volatility that marked the end of last year, as uncertainty over crude output and the health of the global economy keep investors wary.
A former lobbyist who has played a leading, behind-the-scenes role at the Interior Department driving Trump administration policies to expand drilling and strip wildlife protections is poised to take over the agency at least temporarily.
U.S. President Donald Trump is trying to recruit international lenders to his pro-coal crusade.
The choice facing Saudi Arabia at next week’s OPEC meeting is dramatic: cut oil production and enrage Donald Trump, or keep pumping and risk ultra-low prices blowing up its economy.
American fingerprints are all over oil’s record losing streak that’s plunged prices into a bear market.
Oil was showing little sign of recovering from its unprecedented decline as investors flee a market hammered by swelling supplies and a darkening demand outlook.
The Trump administration has announced the reimposition of all US sanctions on Iran that had been lifted under the 2015 nuclear deal.
Midnight on Sunday will mark a dividing line in the world of oil. Beyond that point, anyone unloading a tanker from Iran risks the full wrath of the U.S. government.
The Trump administration has authorized Hilcorp Energy Co.’s plan to build an artificial gravel island in the Beaufort Sea north of Alaska and use it to extract crude -- marking the first approval of an oil production facility in federal Arctic waters.
Downstream from Hamburg, two small Elbe River ports are competing to build Germany’s first liquefied natural gas import terminal and help shake up Europe’s biggest gas market.
If OPEC is the central bank of oil, then the Trump administration is commanding it to run the printing presses at full speed.
Oil in London extended gains after the longest quarterly rally in a decade as a slowdown in American drilling added to supply risks while the U.S. and Saudi Arabia discussed market stability.
A senior lecturer at Aberdeen University has argued $100 oil “cannot be ruled out” as Brent’s price surge continues.
U.S. President Donald Trump’s demand that OPEC take rapid action to reduce oil prices got a tepid response, with the group saying it would boost output only if customers requested it.
Aggressive and undiplomatic, certainly, but also extremely effective. With nearly 50 days to go before new U.S. oil sanctions against Iran enter into force, President Donald Trump has already managed to crush the country’s petroleum exports, dealing severe economic damage to Tehran.
The U.S. is on track to meet about two-thirds of its carbon-emissions goals under the Paris climate accord -- even without the support of President Donald Trump.
After supplying Europe’s biggest economy with natural gas for more than four decades, Norway is preparing to defend its share as the world’s biggest producers all vie for a larger slice of the $21 billion market.
he first round of renewed U.S. sanctions on Iran took effect as President Hassan Rouhani -- under increasing economic and political pressure -- spurned President Donald Trump’s suggestion for talks with “no preconditions.”
The war of words between U.S. President Donald Trump and his counterpart in Iran over oil exports and sanctions is shining a spotlight on the narrow, twisting conduit for about 30 percent of the world’s seaborne-traded crude.
nder pressure from U.S. President Donald Trump, Saudi Arabia has rushed to boost oil production -- only to discover that global markets might not yet need it.
U.S. President Donald Trump eased his tone about a Russian natural gas pipeline to Germany after a one-on-one meeting with President Vladimir Putin, shifting from the harsh criticism he’d levied in Europe last week.
Oil fell below $74 a barrel after U.S. President Donald Trump raised the stakes in the trade war against China with the biggest list yet of goods it may hit with higher tariffs.
The war of words over oil prices continues between U.S. President Donald Trump and Iran, and the latest salvo from Iran is for Trump to stop tweeting.
President Donald Trump’s weekend of oil diplomacy offered mixed messages on supply, and conflicting responses from analysts who predicted a short-term price drop but said a rebound was due in the long run.
U.S. President Donald Trump’s administration backed off an assertion he made earlier indicating he persuaded Saudi Arabia to effectively boost oil production to its maximum capacity, which would have threatened to blow up a fragile truce agreed by OPEC and inflamed the Saudi-Iran rivalry.