FOX Business contributor Phil Flynn reacts to rising oil prices amid Middle East tensions on 'The Bottom Line.' ...

The U.S. has bought 6 million barrels of oil for the Strategic Petroleum Reserve for delivery through May 2025, the ...

Biden administration purchases 6 million barrels of oil for the SPR at $68.56 per barrel — a continuation of its strategy to ...

The Strategic Petroleum Reserve currently holds 687.7 million barrels of oil in salt caverns and tanks at designated locations in Texas and Louisiana, which allow for quick distribution when ...

Kamala Harris wants to help secure steady supplies of cobalt, lithium, and nickel as she pursues a re-industrialization ...

The US Department of Energy’s (DOE) Office of Petroleum Reserves announced a new solicitation for up to 6 million barrels of ...

The U.S. added 2.9 million barrels of oil to the Strategic Petroleum Reserve in September, marking the ninth monthly increase so far this year. There are now 382.6 million bbl in the stockpile, the ...

U.S. oil and gasoline inventories took a sharp fall, outpacing analyst expectations for the week ending September 20.

President Biden said the Department of Energy will release 50 million barrels of oil held in the U.S. Strategic Petroleum Reserve, as gas prices spike.

The US Department of Energy announced on Monday that it has secured 6 million barrels of oil for the Strategic Petroleum ...

WASHINGTON (Reuters) -The U.S. has bought 6 million barrels of oil for the Strategic Petroleum Reserve for delivery through May 2025, the Department of Energy said on Monday. The purchases are ...