As oil traders brace for a historic release from the US Strategic Petroleum Reserve in the form of a loan, they’re dumping ...

China is close to tapping its vast commercial oil reserves as supply disruptions from the Iran conflict grow more acute, an ...

The IEA laid out a timeline for when it expects the 400 million barrels of oil from its emergency reserves to start flowing.

Treasury Secretary Scott Bessent said Thursday the Trump administration is considering another oil release from the Strategic ...

Venezuelan oil is a 'drop in the bucket' of the global supply shortage triggered by the Iran war.

The Trump administration recently announced it would release 172 million barrels of oil from the United States' Strategic Petroleum Reserve, which is located along the Gulf Coast, including two sites ...

The U.S. will release millions of gallons from its reserve, which is stored in underground salt caverns.

NEW YORK (AP) — Oil prices have soared since the U.S. and Israel launched their war against Iran, and President Donald Trump ...

WASHINGTON, March 18 (Reuters) - A U.S. plan to help control global oil prices with a swap of millions of barrels of oil from the Strategic Petroleum Reserve depends on energy companies returning oil ...

President Trump ordered the release of 172 million barrels of oil from the U.S.'s Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years amid the U.S.'s ...

The members of the International Energy Agency will release 400 million barrels of oil, the largest such coordinated action on record.