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 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.

Oil prices dropped on Thursday as the latest tariff announcements by U.S. President Donald Trump were perceived by market participants to threaten global economic growth and demand for the resource. Brent crude futures were down 22 cents,

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