President Trump’s tariffs have raised fears of a recession just as projections for global oil supply have jumped.

Crude oil inventories in the United States saw a large increase of 6.2 million barrels during the week ending March 28 ...

The price of oil in the global market plunged further Friday morning to the lowest levels since 2021. Just after 11 a.m. EST, ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that ...

U.S. crude oil production fell by 305,000-barrels-per-day (bpd) to 13.15 million bpd in January, the lowest since February ...

U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. Click to read.

Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.

Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise ...

The policy also offered a rebuke of the progressive-led green energy agenda. One of the earliest acts of the new ...

NEW YORK (Reuters) -U.S. crude oil production fell by 305,000 barrels ... U.S., also posted its largest monthly output decline in a year. Crude oil output from the southwestern state fell 53,000 ...