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

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

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 ...

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

No tax on auto loans? No more EV credits? No more CAFE rules? It’s all complicated, and we’ve got it all broken down.

U.S. crude oil inventories rose last week for a second consecutive build, while gasoline stocks fell as demand picked up ahead of the Independence Day holiday, according to data released Wednesday by ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply this week, ...

The weekly rig count from Baker Hughes drops by seven oil rigs and one gas rig to the lowest US tally in nearly four years. The breakout for horizontal drilling is down a whopping sixteen rigs.

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 ...

Rising oil demand, strong transport infrastructure, and growing crude imports are fueling market growth, with major ...

Bermuda-based Gold Reserve expects to have its own $1.18 billion claim compensated from the proceeds, following the ...

The Strategic Petroleum Reserve, which stores U.S. oil in case of emergencies, could see a refill under President Trump, ...