President Donald Trump made light of concerns about rising oil prices, saying his priority is ensuring the "evil" Iranian ...

Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.

"If the price of oil goes up, the price of everything goes up," said former U.S. Energy Secretary Ernest Moniz.

Refinery bottlenecks and seasonal fuel changes are tightening gasoline supply even as U.S. oil production remains near record highs. Global oil mar ...

Global oil production in 2025 continues to be led by major energy powers, with the United States firmly holding the top position at 13.58 million barrels per day. Russia follows with 9.87 mb/d, while ...

According to Statista data, the United States is the world's largest oil producer, generating over 20 million barrels per day (including liquids) and accounting for roughly 22% of global production.

Venezuelan oil is a 'drop in the bucket' of the global supply shortage triggered by the Iran war.

Canadian oil producers stand to receive a windfall of up to C$90bn ($65.6bn) if crude prices maintain the levels they have hit since the Iran war started. Modelling by Enverus, a ...

Governments have stockpiled oil, and cars are more efficient but the supply shock is global, and there’s no sense of when it’ll end.

Conflict is forcing producers to slash production and close ports as Iran steps up attacks on energy infrastructure.

The largest oil market shock on record triggered by the war in the Middle East is set to have a greater impact on products such as jet fuel and diesel than on crude, according to Goldman Sachs Group ...

The U.S. produced more crude oil than any other country in 2025, by a wide margin. But while America leads the ranking, the ...