U.S. President Donald Trump said on Friday that Mexico has committed to cuts in oil production of 100,000 barrels per day to help contribute to global reductions. At a White House briefing on the coronavirus, Trump said the United States was helping Mexico with the cuts as he did not want...

U.S. President Donald Trump held a second straight day of telephone conversations with Russia's president focused on oil and the international fight against the novel coronavirus, the White House said Friday. "President Trump and President Putin discussed the latest efforts to combat the...

 A proposed reduction in oil production by OPEC and other oil-producing countries including Russia involves a 10 million barrels per day cut until July, then an 8 million barrels per day cut through the end of the year, Saudi Arabia said Friday as the deal hung in the balance. OPEC and...

President Donald Trump has been telling voters that the U.S. economy will leap back to life "like a rocket," stronger than ever after its bout with the coronavirus. But there is a reason economics is called the "dismal science." There are emerging signs that any recovery will fail to match...