It will be part "victory lap" for Trump's early support of the industry, according to one source familiar with the planning of the closed-door event.

Donald Trump will host top oil executives on Wednesday, which will be his first sit-down with oil and gas leaders since returning to the White House for a second term as president in January. The closed-door event will include members of the American Petroleum Institute's (API) executive committee,

President Donald Trump is set to sit down with oil executives at the White House Wednesday afternoon, amid concern about the impact Trump's trade war is having on oil drilling in Texas and other states.