Phil Flynn, a FOX Business Network contributor, discusses President Trump's order to release 172 million barrels of oil from ...

The United States will release 172 million barrels of oil from its Strategic Petroleum Reserve to reduce rising fuel prices ...

(NEXSTAR) – Amid rising gas and energy prices and with the key passageway for oil shipping still closed, the U.S. and other members of the International Energy Agency said they will release the ...

Bessent also said the US "may unsanction the Iranian oil that's on the water. It's about 140 million barrels." ...

About 14 million barrels of crude oil per day pass through the Strait of Hormuz, which the U.S. is blockading after ...

The U.S. is taking a whole-of-government approach to tackle rising prices, including releasing oil reserves to easing sanctions on Venezuela.

With gas closing in on $4 a gallon, the Trump administration is pulling multiple levers to tame energy prices. The results ...

The U.S. Energy Department has unveiled plans to loan as much as 10 million barrels of crude oil from its Strategic Petroleum ...

The Trump administration said on ​Thursday that it was offering to loan ‌up to 30 million barrels of crude oil from the West Hackberry Strategic Petroleum Reserve site, marking the ​third solicitation ...

PARIS (AP) — A group representing many of the world’s wealthiest countries agreed Wednesday to release the largest volume of emergency oil reserves in its history, in a bid to counter the effects of ...

America will release 172 million barrels of oil from its strategic reserve. This move aims to reduce soaring oil prices. The ...