US emergency oil stockpile tumbles to lowest since the Reagan administration
The amount of oil in the US Strategic Petroleum Reserve plunged last week to the lowest level since 1983 as the Trump administration continues to...
Oil resumes rally as U.S.-Iran fire exchange rattles fragile Hormuz ceasefire
Oil resumed its rally Friday after the U.S. and Iran exchanged fire in the Strait of Hormuz, fanning fears that the fragile ceasefire between the...
U.S. oil prices top $100 as Trump administration threatens strikes on Iran’s crude export facilities
U.S. crude prices topped $100 per barrel Sunday evening, as the Trump administration weighs military strikes on OPEC member Iran’s key oil export facilities on...
America’s Oil Patch Is Cooling As Costs Rise And Uncertainty Mounts
The Dallas Federal Reserve’s latest Energy Survey, which tracks activity across Texas, northern Louisiana, and southern New Mexico, shows a clear cooling in the U.S. oil...
Trump megabill gives the oil industry everything it wants and ends key support for solar and wind
The president’s embrace of fossil fuels and hostility to renewable energy are reflected in his signature domestic policy law. President Donald Trump’s One Big Beautiful Bill...
Stocks rally and oil tumbles as Wall Street hopes for a limited retaliation after US strikes on Iran
U.S. stocks rallied, and the price of oil tumbled Monday on hopes that Iran will not disrupt the global flow of crude, something that would...
US readying ‘aggressive’ sanctions on Russian oil – Bloomberg
US President Joe Biden’s administration is preparing harsher sanctions against Russian oil just weeks before Donald Trump returns to the White House, Bloomberg has reported....
U.S. convoys transport “stolen Syrian oil, grains” to bases in Iraq: media
A 40-tanker convoy carrying oil taken from Syrian fields was witnessed departing Syria's northeastern al-Hasakah province for U.S. bases in neighboring Iraq on Sunday, state...