News

The U.S. Department of Energy has authorized the exchange of as many as 1M barrels from the Strategic Petroleum Reserve to ...
The Trump administration hasn't acted "immediately" to refill the reserve, as Trump said he would. But a fast refill is being prevented by maintenance concerns, and funding for both repairs and new ...
The U.S. activates its Strategic Petroleum Reserve to counter refinery outages and Gulf Coast fuel threats. Discover the ...
The U.S. Department of Energy has authorized the release of 1 million barrels from the Strategic Petroleum Reserve to address ...
A refinery in Louisiana will receive crude from the nation’s stockpile to help address offshore oil supply issues.
The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...
The Strategic Petroleum Reserve, which stores U.S. oil in case of emergencies, could see a refill under President Trump, ...
U.S. President Donald Trump's signature budget bill slashed funding for refilling U.S. emergency oil reserves, violating his ...
The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...
U.S. crude oil production drops for the third week in a row. The Energy Information Administration reports production last week averaged 13.38 million barrels per day. That's the first time since May ...
The country has hit its lowest levels of Strategic Petroleum Reserves since the 1980s, with a little under 350,000 barrels.
Oil prices remained flat as markets awaited President Trump’s upcoming statement on U.S. energy policy, including potential changes to sanctions and SPR management.