SPR levels dropped to a 40-year low of 347mln barrels in July 2023 after Trump's predecessor Joe Biden carried out several SPR sales to ease rising oil prices ...

Moving hot oil across Arctic terrain was an unprecedented challenge following the discovery of America’s largest oil field in 1969 in Prudhoe Bay, Alaska.

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

The latest U.S. sanctions on Iran come as members of the Organization of the Petroleum Exporting Countries and its allies, together known as OPEC+, agreed over the weekend to lift oil production by ...

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 ...

Futures Movers OPEC+ plan to lift output pulls Brent oil to lowest finish since September Natural-gas futures gains 5.5% as tariff war feeds uncertainty ...

Past conflicts involving oil-producing nations in West Asia have significantly impacted global crude-oil prices. However, the recent ongoing hostility between Israel and Iran has been less significant ...

Investors are rushing to sell their stashes of American currency over concerns that Trump's economic policies threaten the ...

Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region without immediate energy security concerns.

Who would have thought that oil would become the most powerful impetus for the development of wind energy in the 20th century? More precisely, the oil embargo imposed by the five OPEC Arab member ...

Oil held steady as traders weighed the uncertain status of nuclear talks between the US and Iran against reports that OPEC+ may extend its run of super-sized production increases. West Texas ...

Object Details Description In late 1973 and 1974, many Americans had to cope with limited supplies of gasoline because of an oil embargo imposed by the Organization of the Petroleum Exporting ...