Yet unlike the American petroleum reserve, which former President Biden tapped during his term to help lower gas prices, ...

Oil storage levels will rise under Trump, but probably at a slower pace than his rhetoric would suggest', analysts at BMI said.

OPEC producers, US oil companies are private and have shareholders to pay, and secondly, the producer’s breakeven prices for ...

Chris Wright, a fracking executive, has been confirmed as U.S. Energy Secretary, succeeding Jennifer Granholm. Wright aims to boost domestic energy production, revitalizing the Strategic Petroleum ...

In his second inaugural address, President Donald Trump declared a national energy emergency and reiterated his intention to ...

The budget proposals also include an allocation of about 1.8 billion rupees for operation and maintenance of the SPRs ...

India will provide 55.97 billion rupees ($646.78 million) support for purchase of oil for the country's strategic petroleum ...

The pre-election promise of US President Donald Trump to refill the US Strategic Petroleum Reserve is facing a myriad of ...

U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, according to data released Wednesday by the U.S. Energy Information ...

US President Donald Trump’s statements toward the Strategic Petroleum Reserve (SPR) are conflicting but also might be the ...

Over the past four weeks, crude oil imports averaged 6.5 million bpd. Strategic Petroleum Reserve increased from 393.8 million barrels to 394.3 million barrels as U.S. continued to buy oil for ...

In 2024, crude oil inventories dropped by more than 12 million barrels, according to the API’s inventory data, with the ...