Global oil markets are facing renewed uncertainty as the conflict in the Middle East shows little sign of resolution, with ...
The U.S. has released over 50 million barrels from its Strategic Petroleum Reserve since the start of the war in Iran.
Analysts believe tapping the reserves for the Iran war prevented oil prices from reaching $150 a barrel. But as supplies ...
Rising prices at home and efforts to steady energy markets abroad mean the U.S. is rapidly drawing down its fuel inventories.
Geologist Scott Montgomery tells The Conversation Weekly podcast how strategic oil reserves work and why the U.S. keeps oil ...
A record 9.9 million barrels of oil were shipped out ​from the U.S. Strategic Petroleum Reserve last week, data from ‌the Department of Energy showed on Monday, pushing the total volumes in the U.S.
A cargo of oil from the U.S. Strategic Petroleum Reserve headed to California this month for the first ​time ever, ship ...