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Tag: OIL

NOLAN, TEXAS - APRIL 08: An oil pumpjack is seen in a field on April 08, 2025 in Nolan, Texas. U.S. oil prices fell nearly 2% today and are more than 15% lower than last week when U.S. President Donald Trump announced new tariffs on imports, raising concerns on the effect they'll have on global economic outlook. (Photo by Brandon Bell/Getty Images)

Trump Admin To Increase Gulf Oil Output By 100K Barrels Daily Under New Drilling Plan

The Trump administration is helping to increase oil production in the newly renamed Gulf of America by 100,000 barrels per day under a new policy following President Donald Trump’s executive order to increase American energy. 

Read More Trump Admin To Increase Gulf Oil Output By 100K Barrels Daily Under New Drilling Plan
AGRA, INDIA - APRIL 23: U.S. Vice President JD Vance speaks to media as he departs Agra, India en route to Jaipur, India after visiting the Taj Mahal on April 23, 2025 in Agra, India. Vance and Indian Prime Minister Narendra Modi yesterday indicated progress had been made in talks for a trade deal between the two countries as New Delhi attempts to boosts ties with the Trump administration and avoid steep U.S. tariffs. (Photo Kenny Holston - Pool/Getty Images)

With Trump’s ‘Final Offer’ On the Table, Vance Warns Of U.S. Exit from Russia-Ukraine Talks

Vice President JD Vance threatened to abandon Russia and Ukraine peace negotiations on Wednesday ahead of a high-stakes meeting in London where the two nations are to discuss President Donald Trump’s “final offer.”

Read More With Trump’s ‘Final Offer’ On the Table, Vance Warns Of U.S. Exit from Russia-Ukraine Talks
TOPSHOT - Images of a fireball exploding on a cargo ship are shown on a giant screen during a protest called for by Yemen's rebel Huthi movement in Sanaa on March 17, 2025. Huge crowds joined protests in rebel-controlled Yemen on March 17 after deadly US strikes killed dozens and sparked fears of a new cycle of violence in the conflict-torn country. (Photo by Mohammed HUWAIS / AFP) (Photo by MOHAMMED HUWAIS/AFP via Getty Images)

State Dept Accuses China Of Assisting Houthis With Intelligence To Attack U.S. Warships, Merchant Vessels In Red Sea

The U.S. State Department has accused a Chinese satellite technology company of directly assisting the Houthis, an Islamist terrorist group, in targeting U.S. warships and merchant vessels in the Red Sea.

Read More State Dept Accuses China Of Assisting Houthis With Intelligence To Attack U.S. Warships, Merchant Vessels In Red Sea
US Federal Reserve Chair Jerome Powell speaks at the Economic Club of Chicago in Chicago, Illinois, on April 16, 2025. US President Donald Trump's tariffs will likely push up prices and constrain growth, and could put the US Federal Reserve in the unenviable position of having to choose between tackling inflation and unemployment, Powell said Wednesday. US markets fell following Powell's remarks, with the tech-rich Nasdaq Composite down 3.4 percent at around 12:50 pm local time in Chicago (1750 GMT). (Photo by KAMIL KRZACZYNSKI / AFP) (Photo by KAMIL KRZACZYNSKI/AFP via Getty Images)

Trump Criticizes Fed Chair Jerome Powell, Says His ‘Termination Cannot Come Fast Enough’

President Donald Trump was critical of Federal Reserve Chair Jerome Powell on Thursday, further intensifying his feud by posting a statement on social media saying, “Powell’s termination cannot come fast enough!”

Read More Trump Criticizes Fed Chair Jerome Powell, Says His ‘Termination Cannot Come Fast Enough’
TOPSHOT - CORRECTION / In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin shakes hands with US President Donald Trump's envoy Steve Witkoff during a meeting in Saint Petersburg on April 11, 2025. (Photo by Gavriil Grigorov / POOL / AFP) (Photo by GAVRIIL GRIGOROV/POOL/AFP via Getty Images)

U.S. Special Envoy Witkoff Meets With Putin In Russia As Trump Grows Impatient: ‘Get Moving’

President Donald Trump’s special envoy Steve Witkoff held talks with Russian President Vladimir Putin early Friday in an attempt to pressure Moscow to expedite the peace process.

Read More U.S. Special Envoy Witkoff Meets With Putin In Russia As Trump Grows Impatient: ‘Get Moving’
GASCOYNE, ND - OCTOBER 14: Miles of unused pipe, prepared for the proposed Keystone XL pipeline, sit in a lot on October 14, 2014 outside Gascoyne, North Dakota. (Photo by Andrew Burton/Getty Images)

North Dakota: Cleanup Underway After Keystone Pipeline Spills Nearly 3,500 Barrels Of Crude Oil

Cleanup efforts have begun after close to 3,500 barrels of crude oil spilled into an agricultural field in North Dakota after a Keystone pipeline employee heard a “mechanical bang” from the System on Tuesday morning — according to a statement by managing company South Bow.

Read More North Dakota: Cleanup Underway After Keystone Pipeline Spills Nearly 3,500 Barrels Of Crude Oil

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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