Despite US president Donald Trump's efforts to ease regulations of the oil and gas industry, the challenge of balancing ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central ...

The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...

Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.

In his second inaugural address, President Donald Trump declared a national energy emergency and reiterated his intention to increase domestic oil production.

Saudi Arabia is the leading member of Opec, a cartel of 12 oil-producing nations which ... Interest rates are decided by the ...

The Federal Reserve rate then was 1.2% ... after seeking reduction of oil prices set by a group of nations known as OPEC, which includes Saudi Arabia. The United States doesn't belong to OPEC.

President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the ...

WASHINGTON -- The Federal Reserve held interest rates steady on ... a reduction of oil prices set by a group of nations known as OPEC, which includes Saudi Arabia. The prospect of low oil prices ...