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

The country has hit its lowest levels of Strategic Petroleum Reserves since the 1980s, with a little under 350,000 barrels.

India is exploring building three new strategic oil reserves to boost its emergency stockpile and strengthen energy security, ...

Secretary of the Interior Doug Burgum discusses the department's plan to fix the permitting system, the slashing of oil ...

The Strategic Petroleum Reserve, established because of the 1970s energy crisis, was created to ensure that the U.S. had emergency fuel if global or domestic fuel supplies were disrupted.

The last of the oil purchased by the Biden Administration to refill the U.S. Strategic Petroleum Reserve was pumped into massive underground storage caverns along the Gulf Coast last week ...

During Sound Off’s brief hiatus, President Trump eliminated the nuclear threat from Iran. He brokered a peace deal to end 30 ...

WITH the conflict between Iran and Israel pushing up the price of oil worldwide, a congressman is proposing that the government set up a Strategic Petroleum Reserve (SPR) to stabilize the country's ...

Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, ...

Both episodes illustrate how, since the fighting began, traders have narrowed their focus to one overriding question: is Iran ...

Oil traders reacted instantly on Monday when Iran fired missiles at a U.S. military base in Qatar, selling off crude instead ...

OIL RESERVE The bill runs counter to Trump's plans to quickly replenish the Strategic Petroleum Reserve, slashing the amount of money available for purchases.