Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow.

Output is projected to rise from 1.8 to 2.4 million barrels per day by 2027 amid strong federal support and new investment.

Oil prices pushed higher for a second day on Wednesday, rising by about 2%, buoyed by growing U.S. energy consumption and hopes of progress for a U.S. trade deal with

As oil prices tumble on oversupply from OPEC, the rise in natural gas prices may be exactly what us producers need to survive the downturn.

OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after the United States imposed new sanctions on Russian oil majors, Kuwait's oil minister said on Thursday.

India is looking to increase its purchases of crude oil and natural gas from the U.S. as it diversifies its energy supplies following criticism by U.S.