The pre-election promise of US President Donald Trump to refill the US Strategic Petroleum Reserve is facing a myriad of ...

There is a narrative that I hear from time to time that President Biden made billions of dollars for the country by selling oil from the Strategic Petroleum Reserve (SPR) last year at high prices ...

Oil storage levels will rise under Trump, but probably at a slower pace than his rhetoric would suggest', analysts at BMI said.

AT A GLANCE • The Middle East oil embargo of 1973 spurred the creation of the Strategic Petroleum Reserve, or SPR, to safeguard U.S. national energy security against such events in the future.

Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...

The government plans to allocate Rs 5,600 crore next fiscal year to fill India's strategic petroleum reserves and Rs 500 ...

The legislation by Rep. McMorris Rodgers (R-Wash.) would prevent the White House from using the Strategic Petroleum Reserve unless the percentage of public lands and offshore waters leased for oil and ...

India will provide 55.97 billion rupees ($646.78 million) support for purchase of oil for the country's strategic petroleum ...

From a conceptual standpoint, the strategic Bitcoin reserve is similar to the Strategic Petroleum Reserve, created in 1975 in response to the energy crisis of that era. The goal at the time was to ...

President-elect Donald Trump wants the U.S. to hold a stockpile of bitcoin, similar to the Strategic Petroleum Reserve. A significant U.S. stake in bitcoin could give the government some control ...