During his inaugural address at the Capitol, Trump promised to “lower prices, refill our strategic reserves to the top, and export American energy worldwide”

President-Elect Donald Trump said that he will reverse President Joe Biden’s ban on offshore drilling along most of the U.S. coastline as soon as he takes office

US President Joe Biden has announced a ban on new offshore oil and gas drilling along most of America’s coastline, weeks before Donald Trump takes office

U.S. President-elect Donald Trump said that the European Union, already the biggest buyer of U.S. energy, should step up U.S. oil and gas imports or face tariffs on the bloc’s exports

US President Joe Biden announced new bans on oil and gas drilling on federal lands as part of a raft of actions that take aim at climate change, according to reports and a White House memo

The United States imposed fresh Iran-related sanctions targeting the Islamic Republic’s oil sector, including the Iranian Ministry of Petroleum, in Washington’s latest move to increase pressure on Tehran

The Trump administration finalized a plan to allow oil and gas drilling in Alaska’s Arctic National Wildlife Refuge, putting it on track to issue decades-long leases in the pristine wilderness area before a potential change in US leadership

OPEC has managed to raise crude prices and stabilise the oil market, Iran’s oil minister said. “OPEC’s performance has been successful because the price of oil has risen from $16 in May to around $45 and has stabilized”

Oil prices were little changed, hovering near their highest levels since early March after US President Donald Trump soothed jangled nerves over US-China trade

Saudi Arabia, Russia and allied oil producers will only agree to deep cuts to their crude output at talks this week if the US and several others join in with curbs to help prop up prices