The U.S. Department of Energy has approved an emergency release from the Strategic Petroleum Reserve to ExxonMobil, aiming to ease “logistical challenges” affecting crude oil deliveries to its Baton ...

The broader trend suggests that other market forces (such as supply shocks, demand growth, and geopolitical risk) likely play ...

In September 2008, after hurricanes Gustav and Ike decimated Gulf communities, the DOE authorized an SPR exchange of nearly 5 ...

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 ...

The U.S. Department of Energy has authorized the exchange of as many as 1M barrels from the Strategic Petroleum Reserve to ...

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

The U.S. Department of Energy (DOE) authorized an exchange from the Strategic Petroleum Reserve (SPR) with ExxonMobil ...

India is exploring building three new strategic oil reserves to boost its emergency stockpile and strengthen energy security, the head of the company in charge of strategic reserves said on Wednesday.

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

A refinery in Louisiana will receive crude from the nation’s stockpile to help address offshore oil supply issues.

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

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