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US Permian basin's oil output growth to slow in 2025 despite Trump's plan, executives say
Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% this year despite President Donald Trump's vow to maximize production, energy executives forecast on Thursday.
US and international oil producers are pushing back on the Trump administration's plan to pump more crude
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy prices.
Crude Prices Slip on Dollar Strength and Trump's Pledge to Boost US Oil Output
Thursday closed down -0.42 (-0.59%), and March RBOB gasoline (RBH25) closed up +0.0240 (+1.17%). Crude oil and gasoline prices settled mixed on Thursday, with crude falling to a 5-week low. Crude gave up an early advance Thursday and turned lower as the dollar rallied and President Trump pledged to boost US oil
2d
U.S. November Oil Production Drops To Year-Ago Level
Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.
1h
on MSN
Oil set for third straight weekly decline amid tariff concerns
Oil prices rose marginally in Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S.
9h
Oil Prices See Further Downside As Trump Reiterates Pledge To Boost Production
Following the steep drop seen in the previous session, the price of crude oil saw further downside during trading on Thursday. Crude ...
Crude Oil Prices
1d
OPEC’s Oil Production Continued to Decline in January
OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...
6d
US oil production falls in November from record high in October, EIA says
U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...
1d
Will oil boom hit SW Florida? What 'Drill, baby, drill' might mean for Lee, Collier counties
Energy interests have eyed SW Florida's underground and underwater resources for decades. Will Trump’s return spark a new era of domestic drilling?
Crude Oil Prices
5d
Can Trump Really Boost U.S. Oil Production?
Despite Trump’s push for increased oil production, U.S. energy companies remain cautious, waiting for higher prices.
19h
Trump’s "Drill, Baby, Drill" Pledge Will Not Save Oil
There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...
3d
Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business
The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...
2d
Bill seeks to expand North Dakota’s oil footprint with tax breaks
A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...
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