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 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” […]