President Trump wants to drive down oil prices to $50 a barrel. Getting to that price appears doable with Venezuela, though keeping it there comes with risks. The good news for the administration is that, if the real goal is to lower gasoline prices for U.S. consumers, global oil prices might not need to come down that much.

Analysts are braced for a $17.3 trillion oil price upheaval that could send shockwaves through the bitcoin price and crypto

President Trump is targeting oil prices of $50 per barrel, a tough pill to swallow for the US energy industry.

The global oil market is likely to be under pressure in 2026 as growing supply and weak demand curb prices, and traders monitor OPEC+ for policy signals and any attempts to bolster the market, a Reuters poll showed on Monday.

Oil made headlines for plummeting prices in 2020 due to the impact of COVID-19. Here, we review what happened to oil prices in 2020.