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

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.

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

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

WASHINGTON - The Department of Energy on Friday said it is providing ExxonMobil with up to 1 million barrels of crude oil from the federal government's Strategic Petroleum Reserve to offset a supply ...

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 ...

WATCH: Biden announces release of 15 million barrels of oil from strategic petroleum reserve. The withdrawals have sent the nation's strategic reserve to its lowest level since 1984 in what the ...

The Trump administration has no imminent plans for refilling the nation's Strategic Petroleum Reserve, White House ...

India is planning to build three new strategic petroleum reserve sites to strengthen its energy security and meet the ...