6 days ago · Oil prices settled slightly higher on Friday but posted a weekly decline, ending four straight weeks of gains, after U.S. President Donald Trump announced sweeping plans to boost domestic ...

1 day ago · category Oil prices steady ahead of Trump's threatened tariffs on Canada, Mexico 1:36 PM UTC. Energy category Valero Energy beats quarterly profit estimates on lower costs 1:55 PM UTC.

2 days ago · Oil prices settled up on Tuesday, bouncing back from multi-week lows, after the White House reaffirmed U.S. President Donald Trump's plans to issue tariffs on Canadian and Mexican imports this week.

3 days ago · Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly.

Jan 23, 2025 · Saudi Arabia is the leading member of Opec, a cartel of 12 oil-producing nations which has a remit to "work together to ensure stable oil prices". The price of crude fell by 1% after Trump spoke.

Jan 21, 2025 · Last month, a survey by law firm Haynes Boone LLC revealed that banks are gearing up for oil prices to fall below $60 a barrel by the middle of President-elect Donald Trump’s new term. Trump ...

Sep 10, 2024 · WASHINGTON, D.C. – Kamala Harris cast the tie-breaking vote to save Americans $38 billion on energy costs and held Big Oil accountable for price gouging, while Trump cut a deal with foreign governments to artificially raise gas prices to help out his most important Big Oil megadonor.

Nov 8, 2024 · Oil stocks, that helped lead the S&P 500 to a new record high Wednesday after Donald Trump's electoral victory, have given some of those gains. Initial stock optimism anticipating a friendly...

Oct 28, 2024 · Former President Donald Trump has cited more energy production, specifically drilling for oil and natural gas, as the key to bringing down energy prices, and inflation overall.

“My goal will be to cut your energy costs in half within 12 months after taking office,” former President Donald Trump said in a speech in Michigan last Thursday. “We can do that.” Industry...