U.S. oil production

Chevron CEO Mike Wirth urges U.S. policymakers to create stable energy policies, cautioning that policy swings disrupt long-term oil and gas investments.

U.S. oil output in the Permian Basin is expected to slow in 2025, as industry leaders focus on profitability rather than aggressive expansion.

Oil prices climb after Trump lowers Canadian crude tariffs to 10%, easing fears of supply disruptions. Analysts warn of potential fuel price hikes

Shell starts production at its Whale offshore facility in the Gulf of Mexico, targeting peak output of 100,000 boepd in collaboration with Chevron.

OPEC+ fears U.S. oil surge under Trump’s deregulation plans, warning that increased production could challenge OPEC+ market share and disrupt oil market stability