Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.

OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in global oil supplies next year — and as U.S. President-elect Donald Trump’s “drill,

Crude oil futures fell sharply, as growing likelihood of ceasefire deal between Israel and Hezbollah in Lebanon lowers risk of broader Middle East war that could impact global oil supplies.

Trump is planning a suite of actions to give fossil fuels a big boost right from the jump when he takes office, Reuters’ Jarrett Renshaw scooped. The package coming as soon as Day One would include the green light for new and pending liquefied natural gas export permits,