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President Donald Trump is open to the possibility of selling some of America's oil reserves in order to subdue the looming global oil deficit.
As traders push for a higher oil demand, crude oil prices in Saudi Arabia could reportedly increase to as high as $100 per barrel.
When Obama lifted the ban on exporting crude oil, the US wasted no time in making their own. By 2020, America might be regarded as the...
Experts believe this is the year the U.S. oil output will replace the record reached in 1970.
Despite the increase in renewable energy sources, oil and gas continue to be the biggest players in the energy sectors.
With lower demand and other oil-producing countries flooding the oil market, an oil price crash could happen next year.