In September 2008, after hurricanes Gustav and Ike decimated Gulf communities, the DOE authorized an SPR exchange of nearly 5 ...

The broader trend suggests that other market forces (such as supply shocks, demand growth, and geopolitical risk) likely play ...

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 ...

The U.S. Department of Energy has authorized the exchange of as many as 1M barrels from the Strategic Petroleum Reserve to ...

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

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

The U.S. Department of Energy (DOE) authorized an exchange from the Strategic Petroleum Reserve (SPR) with ExxonMobil ...

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

A refinery in Louisiana will receive crude from the nation’s stockpile to help address offshore oil supply issues.

The U.S. activates its Strategic Petroleum Reserve to counter refinery outages and Gulf Coast fuel threats. Discover the ...

WASHINGTON (Reuters) -The budget bill passed by the U.S. Senate on Tuesday slashes the amount of money available to replenish the Strategic Petroleum Reserve even though President Donald Trump vowed ...

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