President Donald Trump wasted no time in his first days in The White House to pursue an energy agenda that would capitalize on the production and consumption of fossil fuels in the U.S. U.S. Sen. Dave McCormick is on board with the president's energy agenda,

Oil prices settled slightly higher on Friday but posted a weekly decline, ending four straight weeks of gains, after U.S. President Donald Trump announced sweeping plans to boost domestic production while demanding that OPEC move to lower crude prices.

Saudi Arabia is ready to meet the growing global demand for oil. The priority is market stability, according to Faisal Alibrahim, Minister of Economy of Saudi Arabia. Asked whether Saudi Arabia would reduce the price of oil (after US President Donald Trump said in Davos that he would ask the kingdom and OPEC to do so),