since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result, the price of oil has a strong influence on international economic development ...

Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

Dropping oil prices tend to raise recession worries, but history shows prices also slide on industry fundamentals outside of a downturn, according to DataTrek Research. “As we often say, falling oil ...

Oil prices rose around 3% on Thursday, buoyed by hopes of a breakthrough in looming trade talks between the U.S. and China, ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

President Trump cast himself on the campaign trail as the savior of U.S. oil and gas. His shock treatment of the American ...

"I see that we had a couple of states where gasoline was at $1.98 a gallon," President Donald Trump said White House event ...