This issue has prompted the US Government to release barrels from its emergency stockpile to support regional refineries.

The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...

The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...

U.S. President Donald Trump's signature budget bill slashed funding for refilling U.S. emergency oil reserves, violating his ...

The U.S. activates its Strategic Petroleum Reserve to counter refinery outages and Gulf Coast fuel threats. Discover the ...

Stock shares in Elon Musk's car company Tesla fell about 7% Monday after the billionaire ex-DOGE chief announced plans to ...

The Trump administration hasn't acted "immediately" to refill the reserve, as Trump said he would. But a fast refill is being prevented by maintenance concerns, and funding for both repairs and new ...

Oil prices remained flat as markets awaited President Trump’s upcoming statement on U.S. energy policy, including potential changes to sanctions and SPR management.

Republicans' "big, beautiful bill" reinstated lower royalty rates for energy production, requires regular oil lease sales and phases out electric vehicle and clean energy tax credits ...

The Department of Energy on Friday said it is providing ExxonMobil with up to 1 million barrels of crude oil from the federal ...

Energy Secretary Chris Wright authorized the exchange "to help maintain stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast," the department said. It added that ...