The largest-ever release of oil from the International Energy Agency’s emergency stockpiles lifted prices for the commodity up by nearly 5% on Wednesday.

Thursday marks one month since Japan began releasing its oil reserves due to tensions over Iran. But some oil products remain ...

Japan began tapping its stockpiles, the world's largest, in March as the government looked to temper a spike in prices caused ...

The organization’s Executive Director Fatih Birol also warned that the Iran war had created the worst oil crisis in history.

Donald Trump criticizes Europe’s energy policies amid geopolitical tensions and a fuel crisis linked to the Strait of Hormuz, ...

By Katya Golubkova and Yuka Obayashi TOKYO, April 10 (Reuters) - Japan plans to release 20 days' worth of oil reserves from ...

The head of the International Energy Agency, ‌Fatih Birol, said on Monday he hopes another oil stockpile release is not ...

Add Yahoo as a preferred source to see more of our stories on Google. Japan's Prime Minister Sanae Takaichi and Executive Director of the International Energy Agency (IEA) Fatih Birol (Yuichi YAMAZAKI ...

Oil prices surged above $100 per barrel as the critical Strait of Hormuz remains closed due to threats from Iran.

Strategic oil reserves are running out by mid-April as the Strait of Hormuz stays closed. Here's why that's a bigger threat ...

The Chinese government has given state refiners the green light to tap commercial reserves of oil, according to people ...