U.S. President Donald Trump's signature budget bill slashed funding for refilling U.S. emergency oil reserves, violating his previous vow to fill them "right to the top". This about-face raises the question of whether the U.

US President Donald Trump said he is "strongly considering" supporting a proposed sanctions bill that would impose a 500 per cent tariff on countries like India and China that continue purchasing Russian energy products.

US regulatory actions to ensure oil and gas pipeline safety have plummeted to a record low for the start of a presidential administration as Donald Trump pushes to streamline the government and cut red tape.

Oil prices were steady on Thursday as investors weighed the potential impact of U.S. President Donald Trump's tariffs on global economic growth, while a weaker dollar and signs of strong U.S. gasoline demand underpinned prices.

Oil prices rose on Friday, following US President Donald Trump’s announcement of an upcoming statement concerning Russia, which hinted at potential additional sanctions on the significant oil-producing nation.

The president’s embrace of fossil fuels and hostility to renewable energy are reflected in his signature domestic policy law.

Oil prices were steady on Wednesday as investors weighed strong U.S. gasoline demand data and attacks on shipping in the Red Sea, while U.S. copper tariffs loomed.

It’s “build, baby, build” versus “drill, baby, drill.” Prime Minister Mark Carney has promised to transform Canada into an “energy superpower.” His build-baby rallying cry for a construction boom even echoes U.