The US Department of Energy announced plans to release 53.3 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to help stabilize ...

The International Energy Agency (IEA) and its member nations have agreed to release a record 400 million barrels of oil from strategic reserves in an attempt to stabilize global energy markets as the ...

Saudi Aramco CEO Amin Nasser warned Monday that the world is losing approximately 100 million barrels of oil per week. Tanker ...

The ​Trump administration said on Monday it will loan energy companies 53.3 million barrels ‌of crude from the U.S. Strategic ...

President Donald Trump's administration said on Thursday it is seeking to loan energy companies up to 92.5 million barrels of ...

The DOE is loaning SPR oil to companies, claims the system will help stabilise markets at no cost to taxpayers ...

The International Energy Agency says the oil market is likely to remain in deficit until the final quarter of the year, as ...

Based on current estimates, the largest strategic crude reserves at the end of December 2025 were held by China, which significantly expanded its holdings during 2025.

Fatih Birol of the International Energy Agency, who orchestrated a multinational release of oil reserves, detailed the risks ...

Birol has previously warned that the Iran war and ongoing closure of the Strait of Hormuz would result in "the largest energy crisis we have ever faced." An average 20 million barrels of oil and ...

NZ today stands as the only International Energy Agency member whose public oil reserves lie entirely offshore. How can it ...