FOX Business contributor Phil Flynn reacts to rising oil prices amid Middle East tensions on 'The Bottom Line.' ...
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 ...
Currently, there are about 19 days' worth of emergency oil supply in the U.S. SPR, which is deemed sufficient to cushion ...
Kamala Harris wants to help secure steady supplies of cobalt, lithium, and nickel as she pursues a re-industrialization ...
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.
U.S. oil and gasoline inventories took a sharp fall, outpacing analyst expectations for the week ending September 20.
In its weekly report released Wednesday, the Energy Information Administration said crude oil stocks excluding the Strategic Petroleum Reserve rose 3.9 million barrels to 416.9 million. Analysts ...