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U.S. Oil Prices Plunge as OPEC+ Decides to Boost Production in June

U.S. Oil Prices Plunge as OPEC+ Decides to Boost Production in June

U.S. oil prices tumble after OPEC+ agrees to surge production in June Logo of the Organization of the Petroleum Exporting Countries (OPEC) Andrey Rudakov | Bloomberg | Getty Images U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month. U.S. crude was down $2.49, or […]

Oil Industry Targeted by Trump’s ‘Drill, Baby, Drill’ Agenda Faces Challenges

Oil Industry Targeted by Trump’s ‘Drill, Baby, Drill’ Agenda Faces Challenges

Oil industry that Trump wants to ‘drill, baby, drill’ takes a beating An operator for Baker Hughes conducts a wireline survey on a Chesapeake Energy natural gas rig in the North Texas Barnett Shale near Burleson, Texas. Matt Nager | Getty Images President Donald Trump wants the oil and gas industry to “drill, baby, drill” […]