U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and ...

Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...

Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...

The crude oil markets are a little soft in the early hours of Wednesday, as the market is waiting for the crucial Federal ...

The ISPRL project, managed by Indian Strategic Petroleum Reserve Limited, a wholly-owned subsidiary of the Oil Industry ...

The American Petroleum Institute reported an unexpected increase in U.S. crude oil inventories, causing a dip in crude oil ...

Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...

The US Strategic Petroleum Reserve (SPR) is a stockpile of crude owned by the US government. It provides a back-up supply of crude oil if the commercial oil supply is disrupted.

President Donald Trump’s plan to refill the US’s emergency crude storage system — “right to the top,” in his words — would help protect against future oil-price shocks. But it’s easier said than done.

Oil prices continued into an 11-day downtrend this week as geopolitics took a backseat to a list of other variables.

Petrobras increased its proven oil and gas reserves by 500 million barrels in 2024 and plans to invest $111 billion in exploration and production over the next five years.

Trump’s energy independence push may fuel U.S. oil output, but will WTI prices lag Brent? Discover how policy shifts could ...