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

The pre-election promise of US President Donald Trump to refill the US Strategic Petroleum Reserve is facing a myriad of challenges.

President Donald Trump said he plans to fill the US’s strategic oil reserve “right to the top” after it reached lows not seen ...

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

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.

The United States and allies will be releasing ... have agreed to the release from emergency reserves to send a “strong message to global oil markets that there will be no shortfall” as ...

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

(MENAFN- IANS) Washington, Jan 21 (IANS) President Donald trump will use the US oil reserves as a weapon to assert its power and prevent friends and foes from“pushing it around”. “We're not ...

Oil prices fell on Tuesday after U.S. President Donald Trump declared a national energy emergency on his first day in office, ...

Despite President Trump's intentions, a significant uptick in U.S. oil production is highly unlikely', Rystad noted in a ...